Amundi nears deal to buy rival Lyxor for EUR 825 million

Acquisition strengthens Paris-based asset manager’s position in fast-growing European ETF industry.

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M&G strengthens Latin American sales team

The European manager has fortified its Latin American sales team with the hiring of Madrid-based Ander López Francoy as sales director for the region.

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Allfunds platform now includes exchange-traded funds of multiple firms

Beginning June 1, clients of the AllFunds platform could purchase not just cross-border mutual funds but also ETFs from iShares, Lyxor, Source and Deutsche.

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