Recherche
S'abonner
Connexion
Asset Management
Accueil Asset Management Actualités
15/01/2013

Citi to provide additional services to Franklin Templeton

In Hong Kong, Citi on 8 January announced that Franklin Templeton Investments (Asia) Limited has selected it to provide trustee, custody and transfer agency services to the Templeton China Opportunities Fund, the first unit trust of Chinese A-class QFII equities from Franklin Templeton.The contract extends the service mandates which links Citi to the MPF funds from Franklin Temlpeton, says David Russell, regional head, Asia Pacific, securities & fund services at Citi.
15/01/2013

Strong inflows to Swedish funds in 2012

Funds on sale in Sweden in 2012 recorded net inflows of SEK74.5bn (EUR8.6bn), according to statistics from the Swedish investment fund association Fondbolagens förening. That is far higher than the SEK16bn (about EUR1.8bn) posted in 2011. Inflows were driven by balanced funds (SEK34.6bn) and equity funds (SEK30.8bn), while bond funds also did well (SEK20.8bn). However, money market funds saw outflows of SEK5.3bn, while hedge funds had net redemptions of SEK6.2bn. At the end of 2012, assets in Swedish funds totalled SEK2.049trn, or about EUR237bn, of which about 53% were in equity funds. That represents an increase of SEK230bn year on year.
15/01/2013

Consultinvest AM releases three funds of funds

Consultinvest Asset Management, the asset management firm created as a joint venture between the Consultinvest and Cassa di Risparmio di Ravenna groups, has launched three flexible funds of funds, Bluerating reports. They are Consultinvest and Multimanager Low Volatility, Consultinvest Multimanager Medium Volatility, and Consultinvest Multimanager Opportunities.
15/01/2013

UBS GAM launches 61 ETFs in Milan

UBS Global Asset Management has announced the launch of 61 ETFs on the Milan stock exchange, replicating 41 equity, bond and alternative indices, Bluerating reports. This is the largest single simultaneous listing of ETFs in the history of the Italian stock exchange.
15/01/2013

Global X launches a “junior MLP” ETF

On 27 November, Global X applied to the SEC for a license for the Global X Junior MLP ETF, whose acronym on NYSE Arca will be MLPJ, and whose management commission and thus TER will be 0.75%. The product, which focuses on master limited partnerships (MLP) with USD200m-USD2.5bn, will replicate the Solactive Junior MLP Index from the Frankfurt-based Structured Solutions AG.According to Index Universe, the fund will be admitted to trading on 15 January.
15/01/2013

Fidelity to post daily NAVs for MMFs

Following the example set by Goldman Sachs Asset Management, BlackRock and JPMorgan Asset Management, Fidelity Investments on Sunday announced that it will publish net asset values on a daily basis with a one-day delay, from 16 January, for shares in money market funds which it manages (USD430bn in assets). This will have no impact on the principle of the constant net asset value of USD1 which will continue to apply to all transactions by investors on fund shares, says Nancy Prior, president of money markets.
15/01/2013

Ashcourt Rowan recruits a former Generali manager

David Palmer from Generali has joined Ashcourt Rowan as director of the asset management arm of the wealth management firm, Investment Week reports. He will report to CEO Jonathan Polin (formerly of Ignis AM). Palmer had previously worked at Generali, where he founded the portfolio management division of the firm.
15/01/2013

Marlborough plans to add to its product range in Asia

Sally Mcdonald has joined the British asset management firm Marlborough Fund Managers, in the newly-created position of head of Asian equities, Investment Week reports. Mcdonald, who will begin in her new role on 1 February, previously worked at City of London Investment Management. With this recruitment, Marlborough hopes to increase its range of Asian equities in the region. Currently, the firm has only one product available, the Far East Growth Fund, whose assets under management total GBP24m.
15/01/2013

Henderson recruits for multi-asset team

Paul O’Connor will join Henderson at the end of this month as director of the multi-asset team at the firm, Investment Week reports. O’Connor previously worked at Mercer as a partner and head of asset allocation for the Investment Management unit at Mercer for Europe, the Middle East and Africa (EMEA). In his new role, he will be responsible for the management of a “Diversified Growth” institutional strategy.
15/01/2013

Aberdeen AM recruits from Schroders

Aberdeen Asset Management has recruited Dimme Lucassen, a manager specialised in real estate, who for ten years had worked in the real estate unit at Schroders, where he had been manager of a real estate fund of funds, Citywire reports. In his new role, Lucassen will concentrate on a euro zone fund of funds, previously managed by Karin Koks, who has recently been appointed as head of international markets at Aberdeen AM.
15/01/2013

Temasek hires from Morgan Stanley

The Singapore sovereign fund Temasek has recruited Jonathan Popper, managing director, in charge of merger/acquisition activities at Morgan Stanley for South-East Asia, Finance Asia reports. Popper will join Temasek in the next few months. Morgan Stanley has confirmed the departure of Popper, without stating his destination. Assets under management at Temased at the end of March 2012 totalled SGD198bn, or about USD160bn.
15/01/2013

BlackRock recruits a new head for China

BlackRock is expected this week to announce the recruitment of Wang Hsueh-ming, a former partner at Goldman Sachs, as chairman of its operations in China, the Financial Times predicts. “ If we are asked, we plan to help the Chinese think about turning Chinese savers into investors by making the financial markets more robust ,” Larry Fink, the founder and CEO of BlackRock, tells the FT.
15/01/2013

Chinese sovereign fund earns returns of over 10%

The China Investment Coporation (CIC), the Chinese sovereign fund, whose assets under management total about USD482bn, last year earned returns of over 10%, according to statements from the head of the fund, Lou Jiwei, the website Opalesque reports. “We don’t have final figures … but we are confident that our returns will be higher than 10%,” the head has stated.
15/01/2013

JPMAM replaces head and recruits in Switzerland

finews.ch reports that J. P. Morgan Asset Management (JPMAM) has appointed Philipp Pfenninger, who had previously served as head of distribution to banks, as country head for Switzerland, replacing Roland Vogel, who has left the business.JPMAM has also recruited an investment consultant from Bank Vontobel, Marc Schumacher, who will join the team to assist clients at the cantonal and regional banks.The news website also reports that Claudia Nägeli (formerly of RBS) joined JPMAM in October 2012 as senior sales executive, global liquidity. She will be particularly responsible for assisting corporate and institutional clients.
15/01/2013

GAM acquires 30% of a US asset management firm

Switzeland’s asset manager GAM will acquire a minority stake of approximately 30% in QFS Asset Management, a US-based alternative asset management boutique that specialises in currency, global macro and fixed income strategies.The partnership will also see GAM and QFS work very closely together, with GAM being responsible for the global distribution and marketing of existing and new strategies managed by QFS.Moreover, following the formal closure of the agreement, GAM plans to introduce a UCITS product based on QFS’s flagship currency strategy in the coming months. Launched in March 1993 and trading in highly liquid instruments, the strategy has delivered net returns to clients of 10.75% per annum (as at 31 December 2012). GAM has USD48 billion in assets under management, while QFS has over USD1 bn of assets under management.
15/01/2013

Strong growth for Bantleon in 2012

As of 31 December, assets at the German bond management firm Bantleon were up 50.3% year on year, to EUR7.94bn; not counting market appreciation, the increase was still 45.8%.Net subscriptions doubled to EUR2.42bn in 2012, compared with EUR1.2bn the previous year, of which EUR410m were from retail clients. Net inflows totalled EUR846m in 2010, and EUR1.2bn in 2009.Of the total AUM, assets in open-ended funds totalled EUR3.88bn at the end of last year, while assets in institutional funds totalled EUR4.06bn; net subscriptions totalled EUR1.48bn for open-ended funds, and EUR940m for “Spezialfonds.”Jörg Bantleon, chairman of the board of directors, has stated that the wealth management strategy of Bantleon Opportunities singlehandedly brought in inflows of EUR2.18bn last year, of which EUR1.16bn were for the two open-ended funds Bantleon Opportunities S and L (whose assets as of the end of December totalled USD1.9bn), while EUR940m went to institutional funds using the same approach.
15/01/2013

Wegelin: two managing partners file lawsuits against Christophe Darbellay

Konrad Hummler and Otto Bruderer, who heads of the former Wegelin bank, are suing Christophe Darbellay. The chairman of the Christian Dmocratic party (PDC) called them “traitors” for announcing that Wegelin’s fraudulent practices in the United States represented the norm among Swiss banks. Darbellay still maintains his position. “The statements of Mr. Hummler and Mr. Bruderer constitute a defamation of the Swiss financial market before the entire world. As a Swiss sitizen and politician and a representative of the Swiss economic centre, I feel that such an attitude is treason,” the member of Swiss parliament says, cited by Béatrice Wertli.
15/01/2013

New QFII and RQFII quotas for 14 asset managers

The Chinese State Administration of Foreign Exchange (SAFE) has issued new quotas for a total of USD1.4bn to eight asset managers which have been licensed as Qualified Foreign Institutional Investors (QFII), including USD500m for the Canada Pension Plan Investment Board (CPPIB), and CNY18bn for holders of RQFII licenses (Hong Kong yuan-denominated funds), Asian Investor reports. As of 31 December, SAFE had awarded QFII quotas totalling USD37.4b to 169 asset management firms, and CNY67bn to 24 RQFII managers.The other five recipients of QFII quotas are Morgan Stanley, Deutsche Bank, BOC Group Life Assurance Company (USD200m each), KB Asset Management (USD100m), the Church Pension Fund, and Duke University (USD50m each).For RQFII quotas, SAFE has increased by CNY5.8bn the quotas for China Asset Management and E Fund, and CSOP for a further CNY5bn, while ICBC Credit Suisse, China International Fund Management and GF Fund Management have received their first quotas for CNY800m each.
15/01/2013

Pioneer hires a new head for Western Europe and Latin America

Pioneer Investments has appointed Jon Bailie as head of Western Europe and Latin America. He will join the firm in April and will report to Sandro Pierri, chief executive officer. He will also be a member of Pioneer Investments’ Management Committee and will be based in London.Jon Bailie takes the role from Sandro Pierri, who continued to hold this position ad interim following his appointment as chief executive in July 2012.Jon Bailie joins from AXA Investment Managers, where he was global head of distribution and member of AXA IM ‘s executive committee. Previously he spent 16 years at Russell Investments, where he held several senior roles.
15/01/2013

Robeco rebrands SAM as RobecoSAM

Robeco Group has annouced the rebranding of its subsidiary SAM, the investment specialist focused exclusively on sustainability investing in RobecoSAM. As well as the rebranding, Robeco’s engagement and voting services will become part of RobecoSAM’s range of investment solutions and services. This step will enable Robeco to align its group wide efforts in the field of sustainability investment more closely.
15/01/2013

BlackRock recrute un nouveau patron pour la Chine

BlackRock doit annoncer cette semaine le recrutement de Wang Hsueh-ming, ancienne associée de Goldman Sachs, en tant que président de ses activités en Chine, anticipe le Financial Times. «Si l’on nous demande, nous prévoyons d’aider les Chinois à penser à transformer les épargnants chinois en investisseurs en rendant les marchés financiers plus robustes», explique au FT Larry Fink, le fondateur et directeur général de BlackRock.
15/01/2013
Fonds

Le fonds souverain chinois dégage un rendement de plus de 10%

Le China Investment Corporation (CIC), le fonds souverain chinois dont les actifs sous gestion s'élèvent à quelque 482 milliards de dollars, a dégagé l’an dernier une performance de plus de 10%, selon des propos du patron du fonds, Lou Jiwei, rapportés par le site Opalesque."Nous n’avons pas encore les chiffres définitifs (…) mais nous avons la certitude que notre performance sera supérieure à 10%», a notamment déclaré le responsable.
Fonds
15/01/2013

JPMAM change de patron et recrute en Suisse

J. P. Morgan Asset Managent(JPMAM) a nommé Philipp Pfenninger, jusqu’à présent responsable de la distribution auprès des banques, comme country head pour la Suisse en remplacement de Roland Vogel, qui a quitté l’entreprise, selon finews.ch.Par ailleurs, JPMAM a recruté chez Bank Vontobel un «investment consultant», Marc Schumacher, qui rejoint l’équipe de suivi de la clientèle banques cantonales et régionales.Enfin, précise le site d’information, Claudia Nägeli (ex RBS) a rejoint JPMAM en octobre 2012 comme senior sales executive global liquidity. Elle est plus particulièrement chargée du suivi de la clientèle entreprises et institutionnelle.
15/01/2013

GAM prend 30 % d’une société de gestion américaine

La société de gestion suisse GAM va acquérir environ 30% de QFS Asset Management, une structure basée aux Etats-Unis et spécialisée dans les stratégies en devises, instruments à revenu fixe et global macro.Parallèlement à cet accord capitalistique, GAM va assumer la responsabilité de la distribution et du marketing au niveau mondial des stratégies - actuelles et futures - gérées par QFS.Une fois l’accord définitivement scellé, GAM prévoit de lancer, dans les prochains mois, un produit UCITS basé sur la stratégie-phare en devises de QFS visant des instruments extrêmement liquides. Depuis son lancement en mars 1993, elle a généré des rendements nets de 10,75% par an (au 31 décembre 2012).GAM gère 48 milliards de dollars tandis que QFS affiche un encours de plus d’un milliard de dollars.
15/01/2013
Fonds

Consultinvest AM lance trois fonds de fonds

Consultinvest Asset Management, la société née de la joint venture entre les groupes Consultinvest et Cassa di Risparmio di Ravenna, a lancé trois fonds de fonds flexibles, rapporte Bluerating. Il s’agit de : Consultinvest Multimanager Low Volatility, Consultinvest Multimanager Medium Volatility et Consultinvest Multimanager Opportunities.
Fonds
15/01/2013

UBS GAM lance une soixantaine d’ETF à Milan

UBS Global Asset Management vient d’annoncer le lancement à la Bourse de Milan de 61 ETF répliquant 41 indices actions, obligataires et alternatifs, rapporte Bluerating. Il s’agit de la plus importante cotation simultanée d’ETF dans l’histoire de la Bourse italienne.
15/01/2013

Le chef économiste de Portigon rejoint Meriten IM

Holger Fahrinkrug, qui était chef économiste de Portigon, l’ancienne WestLB, rejoindra en février Meriten Investment Management, l’ancienne WestLB-Mellon Asset Management (23,6 milliards d’euros d’encours), coentreprise dont BNY Mellon a racheté récemment le reliquat des parts à Portigon. Dans sa nouvelle maison, l’impétrant occupera également les fonctions de chef économiste et sera subordonné à Werner Taiber, le CEO. Il succède à Holger Sandte, qui a quitté la société.
15/01/2013

UIRE recrute un patron pour l'international

Le gestionnaire hambourgeois Union Investment Real Estate (UIRE), a recruté Martin Brühl, qui avait démissionné en août de la direction de Cushman & Wakefield pour l’Allemagne, comme directeur de son département international, rapporte l’Immobilien Zeitung. Il rejoindra son poste nouvellement créé au 1er mai 2013 et sera responsable du Royaume-Uni des Amériques et de l’Asie.Cette nomination parachève la réorganisation de la gestion d’actifs d’UIRE qui comprend trois autres départements (Europe, centres commerciaux et hôtellerie). Le pôle investment management est placé sous la responsabilité de Frank Billand, l’un des directeurs généraux.
15/01/2013

Nouveau DG chez Generali Investments Allemagne

Alors que Heinz-Peter Clodius a pris sa retraite de directeur général de Generali investments Deutschland KAG au 31 décembre, le gestionnaire allemand a nommé Ulrich Kauffmann directeur général aux côtés du président Heinz Gawlak, rapporte Fonds Professionell.Le nouvel arrivant était auparavant directeur général d’UBS Global Asset Management à Francfort. Il reprend deux des dossiers de Heinz-Peter Clodiux, à savoir l’administration et la direction opérationnelle.Heinz Gawlak prend en charge les deux autres attributions de Heinz-Peter Clodius, la direction du marketing et celle de la distribution.
15/01/2013

Santander AM se dote d’une succursale à Francfort

Ayant obtenu l’agrément de la BaFin, Santander Asset Management va ouvrir dans les prochaines semaines une succursale à Francfort dirigée par Stefan Jochum (en dernier lieu membre du comité exécutif de Staedel Hanseatic) et employant 11 personnes.Le groupe espagnol a indiqué le 14 janvier qu’il gère déjà 600 millions pour des investisseurs institutionnels allemands. Santander Asset Management Germany démarrera avec 100 millions d’euros dans six fonds offerts au public (trois produits actions, trois fonds profilés) et commercialisés depuis 2012.Le Santander dispose déjà en Allemagne d’un réseau de 170 succursales et compte dans ce pays plus d’un million de clients.

Sujets d'actualité

Tous les sujets