asset-management
BusinessSchroders’ New CEO Shakes up Top Team After Bruising Year
BusinessItaly’s Banco Bpm Bids for Asset Manager Anima in 1.6 Billion Euro ‘bancassurance’ Deal
BusinessM&g Buys Stake in European Property Firm as It Bets on Turnaround
FinanceAsset Manager Vanguard Buys Gilts After Budget-Driven Sell-Off
Aermont Submits Highest Offer for Data Centre Operator Nabiax, Sources Say
Date: November 1, 2024
By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) – European asset manager Aermont Capital has submitted the highest binding offer for Spanish data centre operator Nabiax, two people familiar with the matter told Reuters. Shareholder Asterion Industrial Partners and telecoms operator Telefonica received binding offers this week as part of an ongoing sale process, said...
Amundi’s Q3 Net Inflows Profit From ETF Demand, Asian Operations
Date: October 30, 2024
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Wednesday, driven by sustained demand for risk-averse products and its Asian operations. Net inflows in the third quarter were 2.9 billion euros, bringing total assets under management (AUM) to 2.19 trillion euros at end of September, up 11.1% from...
Norway’s Sovereign Wealth Fund Buys 98% of US Office Building for $217 Million
Date: October 29, 2024
STOCKHOLM (Reuters) – Norway’s sovereign wealth fund said on Tuesday it has bought a 97.7% stake in an office property in Menlo Park in the San Francisco bay area for $217 million, in a joint venture with U.S. real estate investment firm DivcoWest. Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund,...
Allianz Weighs Options for AllianzGI Unit, Sources Say
Date: October 25, 2024
By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDON (Reuters) – Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that would give the business greater scale. AllianzGI, which...
How Nicolas Sarkis Managed to Build AlphaOne Partners Into a Highly Successful Asset Management Business
Date: September 19, 2024
Nicolas Sarkis, the founder of AlphaOne Partners, is one example of a self-made entrepreneur on the intricate path of life in the investment field. His journey, from a graduate of leading French business school ESSEC, to the youngest associate to ever be hired by the renowned Goldman Sachs at the age of 21, reflects not...
Nigerian Communities Seek $310 Million From Shell, Want Asset Sale Stopped
Date: September 13, 2024
By Camillus Eboh ABUJA (Reuters) – Nigerian communities are claiming 505 billion naira ($310 million) in damages from Shell, which they accuse of breaching an existing court order by striking a deal to sell its onshore assets in the Niger Delta, court papers showed on Friday. Shell is set to exit Nigeria’s onshore oil...