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UK financial services broker The Fiducia Group has launched Fiducia Corporate Finance which the company says will provide a bespoke corporate service for debt and equity fund raising for entrepreneurs and companies.
It will offer advice, specialising in: equity capital raising, debt capital raising, disposals, acquisitions, refinancing, restructuring and general corporate strategic advice.
Fiducia Corporate Finance will operate in the UK, and across European and global markets both for introductions and placements.
Fiducia Corporate Finance will be headed up by Laurence Goodman who has ambitious plans to develop and grow this sector for the group. Laurence is a
Institutional investment data and analytics specialist eVestment is to collect and manage French independent investment consultan insti7’s asset manager data while insti7 will incorporate eVestment data analytics solutions into its management selection and monitoring processes.
insti7 consultants will use eVestment to understand and analyse data from asset managers with whom they have existing relationships. eVestment also allows insti7 consultants will be able to access data on 4,200+ asset managers globally reporting to eVestment. These asset managers report on more than 24,500 institutional investment products across asset classes, geographies and investment styles, representing more than USD42 trillion in assets under management.
Asset owners continue to apply pressure on external manager fees, with new data showing substantial fee reductions across a number of asset classes, according to research carried out by bfinance.
Figures are based on real fees being quoted by asset managers for real mandates – not surveys or ‘rack rates’ which tend to be inflated.
bfinance says this fee compression is being driven by factors including the rise of cheaper competitors, increasing transparency on costs and expansion of the manager universe. Price competition in asset management is relatively inefficient and investors can use a range of tools to improve
PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 194.0 TWh traded in September 2019.
With 101.2 TWh, the spot segment saw 40 per cent growth compared to 2018 (September 2018: 72.4 TWh), driven by the good performance of the Dutch TTF, which volumes (September 2019: 48.4 TWh) almost doubled compared to 2018 (September 2018: 24.9 TWh). The NBP reported a record month with 442.2 GWh traded on the platform (previous record: 356 GWh in July 2018).
On the futures segment, 92.6 TWh were traded (September 2018: 96.8 TWh).
The
Man GLG, the discretionary investment management business of Man Group, has appointed Louis Rieu as co-portfolio manager on Man GLG’s RI European Equity strategy. Based in London, Rieu will work alongside Mike Canfield, lead portfolio manager.
Man GLG’s RI European Equity strategy incorporates key environmental, social and governance (ESG) themes within an active, concentrated portfolio of high conviction European stocks that are leading the way with sustainable behaviours and policies. The strategy is an evolution of Man GLG’s European Equity strategy and allows the team to incorporate ESG factors and analysis to a proven research and investment process. As a
Mediolanum International Funds Ltd (MIFL), the Irish asset management division of the Mediolanum Banking Group, has appointed Damian Barry as the new Head of Multi-Asset Multi-Management, reporting to Chief Investment Officer, Christophe Jaubert.
In this newly created role, Barry will be developing MIFL’s multi-asset offering – an ever increasingly important component of MIFL’s product suite. “With growing client demand for more outcome-oriented solutions, particularly in the currently uncertain landscape, Damian’s focus will be ensuring MIFL meets client expectations by navigating the challenges of fluctuating markets,” says Christophe Jaubert (pictured).
Barry will be responsible for overseeing MIFL’s multi-asset multi-manager portfolios
Amundi’s CPR Asset Management has launched a new fund dedicated to the theme of sustainable urbanisation, further expanding its EUR9 billion actively managed thematic equities range.
The Fund will be managed by Arnaud du Plessis and Alexandre Blein, both thematic equity portfolio managers with a combined 26 years of experience.
Urbanisation is an accelerating trend, particularly in emerging countries. This trend comes with challenges, such as: managing a surging population influx, meeting that growing population’s needs and improving its quality of life, and lastly, mitigating cities’ environmental impact. This is why sustainable urbanisation has been identified as a Sustainable Development
BMLL Technologies, a Data-Engineering-as-a-Service company, has appointed Lee Hodgkinson, CEO of golbal derivatives trading and education firm OSTC, as Chairman of tsh Board, having been appointed a non-executive Director.
Hodgkinson’s practical industry and exchange experience complements the firm’s existing data engineering and analytics capabilities and supports BMLL’s growth ambitions to provide more capital markets participants with data access and advanced analytics capacity.
Currently, Hodgkinson is the CEO of OSTC, a a global derivatives trading and education firm, which operates from 12 offices around the world and is a provider of liquidity to global derivatives exchanges. Over his 30-year career
Ares Management Corporation (Ares) and Fidante Partners (Fidante) have established a strategic joint venture to coordinate the marketing and investment management of retail and institutional investor capital from Australia and New Zealand for Ares’ various Credit, Private Equity and Real Estate strategies.
To support the joint venture, the two companies have formed Ares Australia Management (AAM), which will act as the investment manager for new investment vehicles specifically structured for investors in Australia and New Zealand.
AAM will be well positioned to benefit from the long-term trends and structural advantages driving increased demand for alternative investment products in the
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Ramona Heine as Non-Executive Director for the board of MUFG Investor Services Holdings Limited, the organisation’s holding company.
Heine is the first woman appointed to the six-member board.
In this role, Heine will be focused on shaping the firm’s acquisition and growth strategy, helping to develop and achieve MUFG’s vision for the future while ensuring the highest quality corporate governance. She will be based in New York and will join the board effective immediately.
“We are thrilled to have Ramona join the board
