Aviva Investors, the global asset management business of Aviva, has marked the first year of integrating eight existing operations around the world into a single asset management business.
Scott Page, president and chief executive of The Lifeline Program, has warned of a “carpet-bagger” mentality that could be troublesome for the life insurance settlement industry.
Gartmore has appointed Asim Rahman and Christian Billinger as investment analysts and Eleanor Cameron as manager of dealing and operations from GAM.
Man Group has reported sales of USD5.7bn for the last six months, including USD2bn in the most recent quarter.
EFG Private Bank, the London-based subsidiary of EFG International, has launched a fixed income fund in conjunction with Stratton Street Capital.
Northern Trust has appointed David Lester as head of the institutional sales effort for asset management at NT Global Advisors, Canada.
Dreyfus, part of BNY Mellon Asset Management, has introduced two fund of funds.
Law firm Proskauer Rose has continued the expansion of its global private investment funds practice with the appointment of Robert Barry as a partner in its London office.
Paternoster, an insurance company that takes responsibility for the risks associated with companies’ defined benefit pension schemes, is to receive GBP5m of new capital from its shareholders.
J.P. Morgan Worldwide Securities Services has developed an asset allocation and manager selection analysis tool that enables clients to plan and map the risk-return implications of their current and new portfolios.