Watch breaking news videos and read news updates about Europe on pionline.com
Aberdeen: European high yield can return 8% in 2014, investment-grade 7%
trueAberdeen Asset Management's Roger Webb was quoted Friday in a Bloomberg News story that European high-yield bonds have the potential to return 8% in 2014 – a revision to his prior forecast of 7% for the year. Mr. Webb also revised his forecast for European investment-grade returns to 7% in 2014, up ...
RWC adds institutional salesman
trueRash Patel joined RWC Partners with responsibility for direct sales to institutional investors in the U.K. and other markets, said Dan Mannix, CEO at the firm.
RBC Global Asset Management appoints first head of international business
trueClive Brown has been named CEO and managing director of RBC Global Asset Management International.
Norway's Government Pension Fund Global returns 3.3% in quarter
trueNorway’s Government Pension Fund Global, Oslo, increased its assets under management 24.6% over the year, and 7.2% over the three months ended June 30, to 5.5 trillion Norwegian kroner ($887.2 billion), as equity markets and emerging markets performance bolstered investment returns.
Dutch mineworkers transfer pension plan assets to Aegon
trueStichting Algemeen Mijnwerkersfonds van de Steenkolenmijnen in Limburg, Heerlen, Netherlands, has transferred the pensions of 28,000 participants to insurer Aegon.
ING Investment Management strengthens emerging markets team
trueAshish Goyal and Robert Holmes were appointed to ING Investment Management International’s emerging market equity team.
BMO filling European gap with F&C
trueBank of Montreal's acquisition of F&C Asset Management will help build a link from its money management subsidiary in North America to the other side of the Atlantic, nearly 150 years after the firms' paths first crossed.
Neuberger Berman adds to global real estate securities group
trueGillian Tiltman was appointed portfolio manager for Europe at Neuberger Berman's global real estate securities group
Frontier, emerging markets performance strong despite tensions, data show
trueRising geopolitical tensions and intensifying crises across emerging and frontier markets have failed to halt positive performance, with these indexes outstripping returns in developed markets, data from Russell Investments show.
Neuberger Berman expands global consultant relations team
trueJolie Cornelius joined Neuberger Berman as senior vice president, U.K. coverage, in its global consultant relations team.
RBC Global Asset Management adds EMEA managing director
trueAnne-Sophie Girault joined RBC Global Asset Management as managing director for business development in Europe, the Middle East and Africa.
3 join State Street in Europe
trueOliver Berger, Andreas Schmid and Tom Wooders were appointed to State Street Corp.'s sector solutions team, said a spokesman.
Pension funds also seeing success as third-party managers
trueIt is not only insurers that have grown to become successful third-party money managers. A number of pension funds have made a move that is paying off.
Sanctions against Russia may lead to index changes
trueIndex funds might have to divest Russian securities under new sanctions.
Global insurer outsourcing to grow with EU rule
trueSolvency II is reaching far beyond its European Union origin, placing capital constraints on insurance asset allocation globally just as the low-yielding environment is pushing the boundaries of portfolio diversification.