Europe
Natixis set to buy French group DNCA
Natixis is in exclusive talks regarding a bid to add French asset manager DNCA Finance to its suite of global investment management affiliates.
EU Commission to boost intl investment
The European Commission has said it intends to create an EU-wide capital markets union as it looks to boost global investments into the region.
FECIF firmly disagrees with
The European Federation of Financial Advisers and Intermediaries (FECIF) has said it “firmly disagrees” with a requirement in MiFID II for asset managers to provide clients with information on inducements paid to advisers.
Stenham launches second UCITS fund
Hedge fund investment specialist, Stenham Asset Management, has unveiled a UCITS-compliant macro fund of funds.
La Française takes near 50% stake in UK firm
European asset manager La Française is to take a 49.9% stake in Alger Management, a UK subsidiary of American growth manager Fred Alger Management.