The large asset owners survey from Mercer, published last week on Institutional Asset Manager, revealed that institutional investors are increasingly turning to private markets for their asset allocations.
Following the completion of its acquisition of Putnam Investments on 1 January 2024, Franklin Templeton has announced that it is extending access of its specialist investment manager’s investment capabilities to international clients.
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition.
Higher inflation, increased volatility, difficulty reaching investment goals, and challenges in recruiting and retaining investment staff have institutional investors who five years ago wouldn’t have considered outsourced chief investment officers (OCIOs) looking at these solutions for the first time, says Cerulli Associates.
British Airways, BAE Systems, Royal Mail, Centrica, National Grid and Kier are among the big-name UK organisations that have opted for the outsourced CIO model to oversee their multi-billion-pound pension arrangements, and with the market expected to grow to USD3 trillion by end of 2026, we can expect many more asset owners to follow suit.
When Odey Asset Management asked investors to support a move of its oldest fund to a rival firm amid sexual misconduct allegations against founder Crispin Odey, the financial world was reminded of the more salacious reasons an asset manager might embark on a restructuring.
Tradeweb Markets Inc has announced the launch of a new solution designed to help institutional investors trade Emerging Markets (EM) products more efficiently. Developed in collaboration with FXall, Tradeweb’s FX Swap Workflow is a multi-asset digital solution linking trading workflows in local currency EM bonds and FX swaps through a single user interface.
ACA has announced the launch of its new Best Execution solution, designed to help investment managers worldwide address regulatory requirements while reducing cost of ownership.
Kam Patel, CEO of Custodiex, writes the 2023 will be the year of custody.
The management team of global investment consultancy bfinance has undertaken a buyout of the firm, with the purchase of a 51 per cent stake formerly held by Baird Capital. The transaction has been supported by Beach Point Capital Management.
