There will, inevitably, be more focus on Artificial Intelligence and Machine Learning as part of the wider digital thinking
The launch of Generali Investments Partners SGR is part of Generali’s reshuffle plan of its asset management business, seeking to concentrate it in two divisions, this new entity alongside the recently launched Generali Investments Europe.
They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people.
Nomura Bank (Luxembourg), which has €59.3 billion of assets under custody, also said it would expand its depositary services to Ucits funds.
Natixis and Credit Agricole said their investment banking fees were down for the last three months of 2017, by 12% to €74m and 14% to €62m, respectively.