Asset Management

The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab. As announced in July 2019, the companies have...

Wells Fargo Asset Management (WFAM) announced the launch of the Wells Fargo Municipal Sustainability Fund, highlighting WFAM’s commitment to provide clients innovative solutions and play a leading role in sustainable investing. The Municipal Sustainability Fund utilizes a municipal bond assessment...

Eastspring offers investment solutions across a wide range of asset classes including equities, fixed income, and multi asset solution. Eastspring Investments has completed the acquisition of 50.1% stake in Thailand-based mutual fund manager Thanachart Fund Management (TFUND) from Thanachart...

Credit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and Santander Securities Services and the creation of a major global player. Credit Agricole S.A. and Santander are pleased to announce that they have closed...

CAIXA Asset Management, one of the largest asset managers in Brazil and Latin America, with more than R $ 370 billion in assets under management (AUM), has adopted Bloomberg’s Asset and Investment Manager (AIM). CAIXA AM will use the full...

Schroders acquired 30% of Secquaero in 2013 and entered into a partnership to serve institutional clients’ growing interest for Insurance Linked Securities (ILS). From June of that year, Secquaero has acted as Schroders exclusive advisor on ILS investment strategies. Since...

The acquisition will scale up Charles Schwab’s portfolio with the addition of $90bn (£72.4bn) in assets and more than one million accounts US-based financial services provider Charles Schwab has agreed to acquire the assets of USAA’s Investment Management Company, including...