Tariffs: UK must pick between Europe and US, investment giant warns Investing The chief investment officer of the largest asset manager in Europe has warned that following Donald Trump’s tariffs, the UK must decide on whether it will stay aligned to the US. “For the UK, this is a moment to wake and think about what the main axis of strategic partnership they want to have is,” [...]
Wonks think a wave of asset management mergers is inevitable Investing Across the European continent, a surge of mergers and acquisitions among asset managers has begun. Yesterday, Italian and French giants Generali and Natixis agreed to a €1.9 trillion (£1.61 trillion) merger to create the second largest asset manager in Europe. Meanwhile, BNP Paribas recently bought out AXA’s investment arm, and rumours continue to swirl about [...]
Amundi: Europe’s largest asset manager makes £300m private market push Asset management Europe’s largest asset manager Amundi is set to buy a Swiss private markets specialist as it becomes the latest large asset manager looking to expand into the alternatives sector. The French firm said today that it would be paying €350m (£298.3m) for Alpha Associates, which currently manages €8.5bn of assets. The acquisition will bring Amundi [...]