ASEAN region

Barings sees new investment opportunities in ASEAN region

Political and structural reforms in Indonesia and the Philippines are creating new investment opportunities in the ASEAN region, according to Baring Asset Management, the international investment firm. »


Boardroom

Duff & Phelps closed-end funds elect Donald C Burke as independent director

The board of directors of each of DNP Select Income Fund, Duff & Phelps Global Utility Income Fund, Duff & Phelps Utility and Corporate Bond Trust, and DTF Tax-Free Income have elected Donald C Burke to fill the vacancy created by the retirement of independent director Nancy Lampton. »


Newspaper and money

MPL offers new life settlements fund share classes

Boutique fund manager Managing Partners Limited (MPL) is launching seven new share classes in its High Protection Fund, enabling investors to take advantage of the opportunities it sees in the US life settlement market. »


Bermuda

Multi-sector growth shows resilience of Bermuda’s financial services sector

First half statistics released by the Bermuda Monetary Authority demonstrate the continued strength of the island’s financial services industry and its ability to generate growth despite the uncertain global outlook.  »


Two fingers

OppenheimerFunds expands distribution team with two senior hires

Investment management company OppenheimerFunds has added two senior hires to its distribution team. »


We have moved

Natixis Global Asset Management relocates Boston HQ to 888 Boylston

Natixis Global Asset Management is relocating its US corporate headquarters to 888 Boylston Street in Boston as the anchor tenant in a new office building being developed by Boston Properties. »


Ireland flag

Up to 100 new funds set to take advantage of Ireland’s ICAV Bill

The Irish Funds Industry Association (IFIA) has confirmed up to 100 new funds are due to be launched in Ireland under the new Irish Collective Asset-management Vehicle (ICAV) Bill. »


Risk

First State Super selects BarraOne risk management platform

First State Super (FTC) has selected BarraOne, MSCI’s multi-asset class risk management and performance attribution platform, to help its investment process. »


Handshake

Nikko Asset Management makes senior executive hire in institutional business

Stefanie Drews is joining Nikko Asset Management as global head of institutional marketing and proposition. »


Three fingers

Dreyfus makes portfolio manager changes for three funds

Dreyfus has made portfolio manager changes for three funds: Dreyfus Municipal Income (DMF), Dreyfus Strategic Municipal Bond Fund (DSM) and Dreyfus Strategic Municipals (LEO). »


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