Industry
People Moves | 7 Jan 16
PEOPLE MOVES: Schroders, State Street, Artemis…
Several senior appointments were announced this week, with Schroders creating a new role, Artemis appointing a new chief investment officer, and State Street Global Advisors naming a new fund head in the Netherlands.
Beechwood acquires Old Mutual Bermuda
Beechwood Bermuda, a provider of international investment plans, has completed its acquisition of Old Mutual (Bermuda), which had insurance and investment products with over $1bn in assets.
Alternatives | 6 Jan 16
BNP Paribas teams up with Orion Partners in Asia
BNP Paribas Investment Partners, the asset management arm of BNP Paribas, and Asia-focused alternative investment firm Orion Partners have announced a strategic partnership.
Robo-advice opening up S. Africa’s financial advice market
South African robo-advice provider SmartRand has opened up the country’s financial advice market to lower level investors, creating much broader demand.
Emerging Markets | 6 Jan 16
US firm targets int’l market with three new Ucits funds
Ivy Global Investors, the distributor of the Ivy Global Investors Fund Sicav, has expanded its Luxembourg-domiciled Ucits fund range with the introduction three new products.