EFAMA and other trade bodies call for ‘active account requirement’ to be scrapped
Category: Latest news
Barcelona ranked second city after London for biotech investment
The Spanish city of Barcelona has been identified as the second-best hub on the continent for biotech investment, according to a report from CPHI. At a country level, meanwhile, the CPHI Annual Report expected Spain would emerge as the sixth country in the world and third in Europe with the greatest “pharma growth potential” by […]
ECB restates the case for a capital market union
Europe needs a better and more complete capital market set-up, according to the European Central Bank (ECB). In its analysis ‘Europe needs to think bigger to build its capital markets union’, the bank says the key is the creation of an “integrated European capital market”. Fabio Panetta, a member of the ECB’s executive board, argues […]
Activist investors nominate Randel Freeman as new GAM CEO
Activist group NewGAMe has nominated Randel ‘Randy’ Freeman to be the new chief executive of GAM. Multiple reports say the activist group, which owns just under 10% of the Swiss asset manager, will put forward Freeman as the new chief executive at the next AGM, due to be held in September. It was reported that […]
Prologis commits €250m to European investment fund
US-based real estate investment trust Prologis has committed €250m to its Prologis European Logistics Fund (PELF). The move will be matched with a similar commitment of $250m to its Prologis US Logistics Funds (USLF). According to the firm, the new infusion of capital will allow the funds to “further invest in high-quality industrial assets, creating […]
BlackRock takes lead in €1.1bn capital raise by Sweden’s Northvolt
Latest funding an extension of the $1.1bn convertible issued in July 2022
Harrison Street seeking €1.5bn for fourth European fund
Fund will have a minimum of 80% of its assets in sustainable investments
Spain proposes Nadia Calviño to run EIB
The Spanish government has nominated the country’s deputy prime minister Nadia Calviño to run the European Investment Bank (EIB). The news comes six weeks after Margrethe Vestager, the European Union’s digital and competition chief, entered the race to succeed Werner Hoyer, who is due to step down at the end of the year after serving […]
Nomura launches corporate hybrid bond fund
Nomura Asset Management (NAM) has launched a corporate hybrid bond fund open to investors across Europe. The Nomura Funds Ireland – Corporate Hybrid Bond Fund aims to provide investors with exposure to high quality issuers with yields comparable to those of high yield bonds. The strategy will be managed by NAM head of corporate hybrid […]
