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 →BNY Mellon has acquired the remaining half of Germany-based WestLB Mellon Asset Management, which it has held in a joint venture with Portigon (formerly WestLB AG) since 2006. The transition to 100% BNY Mellon ownership will see Werner Taiber, who was most recently a member of the
Read more →Insight Investment has announced currency risk manager Pareto Investment Management is to be merged into the Insight Group. Pareto IM has around £27bn of assets under management and has operations in the UK, USA, Asia and Japan. The transaction is set to be completed by January 2013,
Read more →Interesting article in Wealth Manager today reporting that Standard Life has struck a deal with 12 fund groups (G12) to market them more heavily to advisers. Wealth Manager understands that Standard Life already has the deal in place with the 12 groups, but is set to go
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