The Bank of New York Mellon’s asset-management subsidiary, Newton Investment Management, has announced a suite of changes to its funds.
Jacob Rothschild, scion of the eponymous banking dynasty, has bought a stake in a peer-to-peer lending company that allows people to extend credit to each other without going through banks.
The Dow Jones Credit Suisse Core Hedge Fund Index is the only hedge fund index to seek to measure the performance of this rapidly growing industry segment by sourcing funds from multiple managed account platforms, an advantage over indices which are built
Natixis Asset Management has launched in Italy Natixis Souverains Euro, a eurozone sovereign bond fund managed by Olivier de Larouzière, head of euro fixed income management at the firm.
UBS AG London and HSBC, Hong Kong branch, conducted their first ever renminbi (RMB) triparty repo using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral management agents, respectively.
Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.