Asset Management
Asset Management
Deutsche Asset Management enhances municipal bond platform with SMA launch
Deutsche Asset Management (Deutsche AM) announced the expansion of its municipal bond platform with the launch of separately managed account (SMA) strategies for use in third-party wrap-fee programs. The new offerings will be made available to high net worth...
Asia Pacific
NTUC Income and Fullerton Fund Management Announce Proposed Strategic Partnership
NTUC Income (“Income”) and Fullerton Fund Management Company Ltd (“Fullerton”) announced today a proposed strategic partnership to appoint Fullerton as the investment manager of a portfolio of Income assets estimated at SGD23 billion.
As part of the proposed partnership, FFMC...
Asset Management
Hub International Acquires the Assets of Maryland-Based Contractor’s Services, Inc. and Surety Services, LLC
Hub International Limited (Hub), a leading global insurance brokerage, announced that it has acquired the assets of Contractor's Services, Inc. and Surety Services, LLC . Terms of the acquisitions were not disclosed.
Headquartered in Timonium, Maryland, CSI and SS provide...
Asset Management
GSO Closes Acquisition of $2.4 Billion Credit Investment Portfolio from NewStar Financial
GSO Diamond Portfolio Fund LP , a newly formed $950 million investment fund sponsored by GSO Capital Partners LP, the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate...
Asset Management
Double success for Close Brothers at Private Asset Management Awards
Close Brothers Asset Management (CBAM) was recognised twice at this year’s Private Asset Management (PAM) Awards, securing two of the ceremony’s accolades.
At the ceremony, CBAM was named as the winner of the ‘Client Service Quality’ award for high net...
Asia Pacific
Tata Mutual Fund crosses Rs 50,000 crores in domestic Assets Under Management
Tata Mutual Fund has crossed the landmark of Rs50,000 crore Assets Under Management (AUM) as on September 18, 2017. This is a significant milestone for the fund house in its quest to be the preferred fund house for lakhs...
Asia Pacific
J.p. morgan asset management launches jpmorgan multi balanced fund
J.P. Morgan Asset Management (JPMAM) announced the launch of the JPMorgan Multi Balanced Fund (the “Fund”) which aims at offering investors a lower volatility1 solution for building a balanced core for their portfolios. In 2017, there are still unexpected...
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