Recherche
S'abonner
Connexion
Asset Management
Accueil Asset Management Actualités
19/09/2013

Kames Capital debuts in Spain

The Scottish asset management firm of the Dutch financial services group Aegon MN, Kames Capital, has obtained a license from the CNMV to sell two bond funds in Spain, Kames High Yield Global Bond Fund and Kames Strategic Global Bond Fund, which will be sold by Allfunds Bank, Funds People reports.Assets at Kames Capital currently total EUR61bn.
19/09/2013

Swedish fund association welcomes two new members

Fondbolagens Förening, the Swedish investment fund association, has welcomed Bloomberg and SEB Fund Services as new associate members. The association now includes 40 member asset management firms and 9 associate members (providers of services to the asset management industry).
19/09/2013

Recruitment at Allianz GI for renewable energies

Thomas G. Engelmann, investment director and porfolio manager for infrastructure funds at KGAL Investment Management, will in early October join the renewable energies/infrastructure team at Allianz Global Investors in Munich, in order to increase the supply of new products and identify investments for the Allianz Renewable Energy Fund (EUR150m). He will report to Armin Sandhövel, CIO renewable energy/infrastructure equity.
19/09/2013

MBO at Asset Management Partners

According to reports in finews.ch, Partners Group is selling its majority stake in the wealth management firm Asset Management Partners to the partners, Marianne Kirchhofer and Ivo Roos, as part of a management buyout.Roos will succeed Kurt Kohler as CEO of AMP, while Kohler will remain as senior adviser and member of the investment board at the firm.
19/09/2013

BlueBay recruits a head of sales for alternatives

BlueBay Asset Management, which is part of RBC Global Asset Management, has recruited Richard Blake as director of sales for alternatives, Financial News reports. Blake had previously been head of investor relationships for Europe at Moore Capital Management.
19/09/2013

Old Mutual looks to grow in Asia

The British asset management firm Old Mutual Global Investors (OMGI), which has offices in Hong Kong, is planning to develop in Asia, particuarly in Taiwan and Singapore, Asian Investor reports.OMGI, the entity born of a merger of Skandia Investment Group (SIG) with Old Mutual Asset Managers (UK), would like to set up an investment team in the region, and to increase its capacity on the distribution front.Meanwhile, the firm has lost its head of sales for Asia, Jane Fung, who is said to have spent 10 years at the firm, and who will soon begin in a similar role at another firm in Hong Kong. Old Mutual has already found a successfor, but could not reveal his or her identity before receiving permission from the supervisory authorities.
19/09/2013

Syz AM recruits exec from Barclays Capital Funds

Ian Penrose, who had been deputy head of global fund distribution to British professional clients at Barclays Capital Funds & Advisory, has been appointed as head of distribution for the United Kingdom at the Swiss firm Syz Asset Management, which covers both segregated mandates, funds of the Syz AM range, and products of the Oyster range.
19/09/2013

AllianceBerstein signs an agreement with a platform in Italy

AllianceBernstein funds will be available on the investment platform from Skandia Vita in Italy, under the terms of an agreement signed between the two firms, Bluerating reports. This will allow the US firm to strengthen its presence on Italian retail market.
19/09/2013

Strong growth for Moneta AM in 2013

Since the beginning of the year, Moneta Asset management has taken in EUR350m in net susbcriptions, Romain Burnand, CEO of the firm, announced on Wednesday evening, and assets now total EUR1.5bn, of which EUR1.2bn are in the Moneta Multi Caps (MMC) and Moneta Micro Entreprises (MME), an FCP fund which has been closed for four years to prevent its volume becoming disproportionate for the small caps segment it operates in.The Moneta Long Short has assets of EUR85m, while the Totem Fund has EUR29m.The increase in assets due to market appreciation has represented about 20% since the beginning of the year.By major types of clients, life insurance and pension funds represent about 30% of total assets under management, as for private banks, while funds of funds account for about 15%.
19/09/2013

Jana Partners acquires 6.2% of Safeway

The alternative management firm Jana Partners has bought a 6.2% stake in the US retail group Safeway, Reuters reports.The hedge fund, which has discussed various strategic options with the management of Safeway, claims that the Safeway share price is undervalued.
19/09/2013

AUM at Hennesy Advisors top USD4bn

The asset management firm Hennessy Advisors has announced that its assets under management have topped USD4bn, due to positive market effects and inflows whose total has not been disclosed.The firm says in a statement that its assets have increased by about USD1bn in less than nine months.
19/09/2013

SGSS adopts Swift network to connect to T2S

Société Générale Securities Services (SGSS) on 18 September announced plans to sign an agreement to adopt the Value Added Network (VAN) solution from SWIFT to connect to TARGET2-S (T2S).The objective for T2S is to facilitate the European integration of Post Trade by offering common clearing and delivery services, which are neutral, and harmonised in central bank currency, for virtually all securities in Europe. As part of preparations for the future T2S settlement platform, whose debut is planned for early 2015, SGSS has selected the SWIFT network to receive a part of the joint commitment of SGSS and SWIFT to the T2S project as soon as it starts up, and its sustainable realisation with SWIFT, notably via the various working groups working to establish the ISO 20022 format.
19/09/2013

Assets in Swiss funds up 0.7% in August

Assets in Swiss investment funds as of the end of August totalled CHF731bn, up 0.7%, or CHF5bn, compared with the previous month, according to monthly statistics released on 18 September by Swiss Fund Data and Lipper. Net inflows for the month totalled CHF1.4bn.The largest inflows were to money market funds, with a total of CHF1.6bn, followed by hedge funds (CHF521m). However, equity and bond funds finished the month of August with respective outflows of CHF641m and CHF272m.Invesco has posted the strongest inflows for the month, with CHF931m, followed by Credit Suisse (CHF819m) and Pictet (CHF732m).
19/09/2013

Forthcoming launch of a FoHF in Zurich

Bruno Schneller, previously an analyst at Bayerninvest in Zurich, has founded the asset management firm Skënderbeg Asset Management, which will launch a hedge fund specialised in long/short equities in 2014, finews reports, relaying information from the hedge fund specialist Opalesque. Funds of hedge funds have gone out of fashion in recent year. They bottomed out in 2005, and their assets under management now total close to their 2001 levels. Schneller claims, however, that the time has come to launch such a vehicle. “After seven bad years, seven good years should follow,” he tells Opalesque.
19/09/2013

Invesco introduces funds without rebates

Fonds Nieuws reports that Invesco Asset Management has introduced 25 “zero rebate” funds on the Netherlands market, to comply with new regulations in the Netherlands which prohibit rebates from January 2014. The “Z” share classes were created on 21 August, according to Willem Herman van der Waal, head of wholesale for the Netherlands.
19/09/2013

AGI releases small caps fund in the Netherlands

The Luxembourg-registered global small caps fund Allianz Global Small Cap Equity Fund is now available in the Netherlands, Fonds Nieuws reports. It is also available in Austria, Finland, France, Germany, Luxembourg, Sweden, Norway and the United Kingdom.The objective is to outperform the MSCI World Small Cap Total Return index.
19/09/2013

Morgan Stanley launches a fund in Italy

Morgan Stanley Investment Management has launched a new fund for the Italian market: the Global Quality Fund from Morgan Stanley Investment Funds, Bluerating reports. It is a product which invests in high-quality businesses.
19/09/2013

Norwegian funds post inflows in August

Funds on sale in Norway recorded net inflows in August of NOK155m, or EUR20m, according to statistics from the Norwegian fiancial management association Verdipapirfondenes forening. Assets in funds increased from NOK3.5bn (EUR445m) to a new record of NOK623.8bn (EUR79bn).
19/09/2013

La Banque nationale suisse relève ses prévisions de croissance

La BNS a laissé son taux directeur inchangé à 0-0,25%, de même que le plafond de 1,20 entre l’euro et le franc suisse, à l’issue de sa réunion de politique monétaire de septembre. Elle a relevé ses prévisions de croissance, tablant désormais sur une progression du PIB de 1,5% à 2% cette année contre 1% à 1,5% auparavant. La banque centrale suisse a par ailleur relevé de 0,1 point ses prévisions d’inflation pour 2013 et 2014, à -0,2% cette année et 0,3% l’an prochain. «L'économie suisse reste fermement ancrée en territoire déflationniste, et dès lors la politique de taux zéro et de taux de change minimum de la BNS va persister un certain temps», réagissent les économistes de BNP Paribas.
19/09/2013

Madrid adjuge sa dette au-delà de ses espérances

L’Espagne a placé 3,1 milliards d’euros de dette à moyen et long terme, au-delà du montant maximal prévu et à des rendements en baisse, grâce au statu quo décidé mercredi par la Réserve fédérale américaine. Le Trésor espagnol visait 2,0 à 3,0 milliards d’euros. Madrid a placé 2,064 milliards d’euros d’obligations juillet 2016, à un rendement moyen de 2,225% contre 2,636% lors de sa dernière adjudication du 1er août. Le ratio de demande sur offre a été de 2,3 contre 3,3 précédemment. Le Trésor a aussi adjugé 1,0 milliard d’euros de sa nouvelle obligation à 15 ans, syndiquée en juillet, et premier titre de cette échéance à faire l’objet d’une adjudication depuis mars 2011. Le rendement moyen a atteint 4,809% et le ratio de couverture 2,7 fois.
19/09/2013

Les taux européens se détendent après la Fed

Les rendements des emprunts souverains européens baissaient nettement jeudi après l’annonce surprise par la Fed du maintien, à 85 milliards de dollars, de son programme de rachats d’actifs. Les taux 10 ans français et allemands se détendaient de 11 pb, à 2,39% et 1,89% respectivement, et le 10 ans britannique de 15 pb à 2,85%.
19/09/2013
Gestion d'actifs

La MNRA prévoit de se diversifier sur deux nouvelles classes d'actifs

Le Conseil d’Administration de la MNRA a décidé fin février d’investir à deux ans jusqu'à 5% des actifs sur l’immobilier, via des véhicules de type OPCI ou SPPICAV. De même, une réflexion va être menée sur l’opportunité d’investir en non coté via un FCPR (avec pour objectif d’atteindre 1,5% des actifs). Sur l’obligataire, la MNRA envisage la création d’une poche d’indexés inflation, et d'élargir l’univers d’investissement aux pays de l’OCDE (vs Zone Euro précédemment).
Gestion d'actifs
19/09/2013

La Cour des comptes charge les finances des collectivités

Dans un rapport préliminaire que le quotidien a pu consulter, la Cour des comptes épingle les dépenses de fonctionnement des collectivités et dénonce une mauvaise gestion des risques (impayés, emprunts toxiques) dans les livres comptables. Les magistrats appellent en outre à concentrer les économies sur le bloc communal, alors que les départements croulent sous les dépenses sociales.
19/09/2013

Le PEA PME sera un produit distinct

Alors que le texte créant le PEA PME pour 2014 doit être présenté mercredi en Conseil des ministres, le journal signale qu’il sera possible pour les épargnants d’avoir un PEA dans une banque et un PEA PME dans une autre. Par ailleurs, les parts de fonds seront éligibles à ce nouveau PEA, à condition qu’ils soient investis à 75% en titres émis par des PME et ETI, dont deux tiers en actions.

Sujets d'actualité

Tous les sujets