Beginning in March 2015, Iván Pascual will be charged with managing BlackRock's global relationships with private banks, family offices, fund platforms, and wealth managers and his coverage will include the firm's active products as well as iShares.
BofA Merrill Lynch: Investors exuberantly bullish on Europe after promise of ECB action
February 26, 2015 by
Europe’s profit outlook is at its best since 2009, according to panel members. A net 81% of regional specialists see the economy strengthening in the next year. "It is as if there is not a single bear left," said Manish Kabra (photo), European equity and quantitative strategist.
BlackRock study: Institutional investors should consider profound shifts in investments
February 18, 2015 by
Mixed economic growth forecasts and shifting monetary policies are testing investors’ ability to generate sufficient returns to meet their long-term liabilities,” commented Mark McCombe, senior managing director and global head of BlackRock’s institutional client business.
Citi Survey: Hedge fund profits off 30% due to poor performance in 2014
February 5, 2015 by
Citi’s report, formerly known as the Hedge Fund Business Expense Benchmark Survey, is based on proprietary analysis and detailed responses from 149 hedge fund firms that collectively represent USD 581 billion in industry AUM, or 19.8% of total industry assets.
State Street Global Advisors lowers fees on 41 SPDR ETFs
February 4, 2015 by
State Street Global Advisor announced that it has lowered the management fees on 41 SPDR exchange-traded funds (ETFs), including those investing in a wide range of international and domestic asset classes, effective immediately.
Marcello Pasquatti, 17-year veteran at MFS in Brazil, joins Pimco in Miami
January 29, 2015 by
Pasquatti, who began working for MFS in 1997 on the international sales desk, will be reporting to Alec Kersman, executive vice-president, head of Latin America & the Caribbean.
Fitch appoints Peter Shaw head of Latin America
January 29, 2015 by
Fitch Ratings has announced the appointment of Peter Shaw (photo), managing director, as head of Latin America. Most recently, Shaw was the regional credit officer for Latin America, a position he assumed in December 2010. He previously managed Fitch's Latin American Financial Institutions group.
Morgan Stanley: High-net-worth investors predict positive 2015 on strength of US economy, tech and biotech stocks
January 29, 2015 by
Morgan Stanley Wealth Management’s semi-annual Investor Pulse Poll found that the wealthy see their best opportunities coming from the US, in technology stocks, and in equities in general.
March Gestión hires Lorenzo Parages as head of business development
January 20, 2015 by
March Gestión seeks to expand its business in Germany, Austria, Spain, Italy, Luxembourg and the UK in Europe as well as in Latin America.
Threadneedle to be rebranded as Columbia Threadneedle Investments
January 14, 2015 by
The change, due to come into effect in the first half of 2015, is designed to reflect the increased crossover between Columbia Management and Threadneedle, both of which are owned by Ameriprise Financial.
