Towers Watson and Pensions & Investments have published their latest annual global 500 ranking of the world’s largest asset managers. Highlights from this year’s report include: Assets managed by the world’s largest 500 fund managers rose by over 8% to US$68 trillion in 2012, making up any lost
Read more →Allianz Global Investors has appointed Andy Wiggins head of institutional business in the UK. Wiggins joins from Threadneedle where he was head of UK institutional client relationships. Prior that he was director of client relations at AllianceBernstein and also spent eight years as a principal at Mercer.
Read more →L&G Investments is considering risk-rating its multi-manager range, which consists of the £249m Multi-Manager Growth Trust, £231m Multi-Manager Income Trust and £31m Multi-Manager Balanced Trust funds. It is the latest firm to look at risk-profiling its funds. Schroders says it is considering risk-rating some managed funds while
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