Royce to close UK small cap fund
Legg Mason affiliate Royce is considering stemming inflows to its $1.3bn (£780m) UK Small Cap Opportunity fund as it nears capacity.
People Moves | 24 Mar 14
blackrock appoints choi as country head korea
BlackRock has poached Schroder Investment Management’s Man-Yeon Choi as country head for Korea.
United Kingdom | 21 Mar 14
Real estate and private equity predicted
Fund professionals predicted growth in the real estate and private equity asset classes at the Jersey Finance annual London funds conference last week.
disgraced ex-imf chief strauss-kahn
Disgraced former International Monetary Fund (IMF) chief Dominique Strauss-Kahn is reportedly looking to raise $2bn to start a hedge fund, marking a career move towards investment management.
Amundi set one trn aum target by 2016
Crédit Agricole has set Amundi a 1trn (£83bn) target requiring 30% growth in assets under management in less than three years with multiple acquisitions on the cards.