Europe
Ashburton offers Sterling share class for India equity fund
Ashburton Investments is set to launch a new Sterling share class for its US dollar-based India Equity Opportunities Fund.
Vestra to be majority owned by Switzerland’s LGT
Vestra Wealth is to become majority owned by Swiss wealth manager LGT after it struck a deal to acquire shares in the business from Vestra’s external investors.
ANALYSIS: Will Draghi ever be able to do enough?
The ECB’s latest salvo in the fight against the prospect of deflation was initially met positively by markets. But, a lack of a clear message that the Bank will cut rates further from here sent markets falling again almost as quickly.
Generali Investments targets global asset mgt market
Generali Investments, the asset management arm of Italy’s Generali Group, has announced plans to set up an office in London to support expansion plans for its third-party business with institutional clients and private wealth managers.
France paving the way for responsible investing
Regulation is forcing companies to become more accountable for responsible investment but a greater effort is needed, according to Axa Investment Managers.