Goldman Sachs Fund Solutions (GSFS), a fund investments platform, has partnered with Europe’s largest asset manager Amundi to manage its Luxembourg-domiciled funds.
The French asset manager Amundi has attracted most net inflows from European investors year-to-date, narrowly beating Blackrock into second place. A resurgent Pimco saw the biggest amount of flows into active funds, according to Morningstar data.
Amundi is to pay €3.54bn (£2.97bn, $3.74bn) in cash to acquire Pioneer Investments, which it says will make it the eighth largest asset manager in the world.
Sweden is a leader in socially responsible investing, so in Stockholm we gathered a group of leading SRI experts, fund buyers and managers to debate the big issues such as balancing ethics and performance, and whether to invest in the best company in ‘unethical’ areas – or avoid the sectors completely.
Mifid II is, even before implementation, already triggering plenty of unease amongst Europe’s asset management industry.
European exchange traded fund providers are bullish on the demand outlook for “smart beta”, and are likely to increase the pace of product launches in this area, according to Cerulli Associates
Demand for Ucits-structured hedge funds is likely to grow over the next year, according to data provider Preqin
Following the eurozone crisis, the smart thinking is that more financial integration is required. What will that mean for countries that argue for less? By Rodrigo Amaral