News
Mike Coady departs deVere Group with ‘immediate effect’
Michael Coady has stepped down as managing director of deVere United Kingdom, deVere Mortgages and as chairman of UK Workplace Solutions; the three deVere Group brands in the UK.
deVere Group ventures into New Zealand
deVere Group is to open its first office in New Zealand in January 2017, a year after launching its second office in Australia.
Amundi acquires Pioneer Investments for €3.54bn
Amundi is to pay €3.54bn (£2.97bn, $3.74bn) in cash to acquire Pioneer Investments, which it says will make it the eighth largest asset manager in the world.
Axa launches global parental leave policy
Insurance giant Axa is to introduce a global parental leave policy for its 166,000 employees across 64 countries.
Asset managers prefer Japanese over US equities
Despite all the talk about the US equity Trump-boost in recent weeks, Japanese equities are actually a lot more popular with asset managers. Their consensus is that they will return more than 5% in 2017.