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1 week ago | 
citywire.com | William Robins
The industry is evolving and increasingly sophisticated investors, especially within fixed income, are calling for proof that asset managers can meet the demands of the future and not just rely on what has worked for the past 20 years. That is one of the key takeaways that Fraser Lundie has from his first year as head of global fixed income of Aviva Investors, a post he assumed in May 2024 following a lengthy tenure with Federated Hermes.
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2 weeks ago | 
citywire.com | Olivia Bybel |William Robins
Mark Benbow, Citywire A-rated high yield portfolio manager at Aegon Asset Management, has backed his sector will fair well in the wake of Trump’s tariffs announcement, which has rocked markets this week.
‘Generically high yield should do well vs equities, income based returns through contracted coupons vs capital based returns,’ Benbow said.
But even within high yield, Benbow is avoiding sectors impacted most by tariffs, such as autos, chemicals and US consumer products.
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3 weeks ago | 
citywire.com | Olivia Bybel |William Robins |John Schaffer |Joseph Eden
Aberdeen Investments has poached John McCareins, the head of Northern Trust’s international asset management business, to spearhead business development.
He has been named chief client officer for Aberdeen Investments.
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3 weeks ago | 
citywire.com | Olivia Bybel |William Robins |John Schaffer |Joseph Eden
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3 weeks ago | 
citywire.com | Olivia Bybel |William Robins |John Schaffer |Joseph Eden
Alts group Coller Capital is pushing further into the European wealth space with a senior sales hire.
Coller wants to grow its private wealth secondaries solutions (PWSS) business and last year launched two Sicav secondaries products to investors outside the US – CollerEquity and CollerCredit.
Today, it has announced the appointment of Jonathan Aiach as head of southern Europe private wealth distribution within its PWSS arm. Already have an account?
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3 weeks ago | 
citywire.com | Olivia Bybel |Ian Heath |William Robins |Pietro Cecere
Coller Capital has acquired a $1.6bn senior direct lending portfolio from American National, a US-based multiline insurance company.
The landmark deal is the largest limited partner-led credit secondaries transaction to date focused on senior direct lending.
The acquisition sees Coller take LP positions in 44 US credit funds, which are predominantly focused on first-lien and unitranche loans to mid-market companies. Already have an account?
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3 weeks ago | 
citywire.com | Olivia Bybel |Selin Bucak |William Robins |Pietro Cecere
Goldman Sachs Alternatives has launched an open-ended private equity fund for investors across Europe and Asia. The G-PE fund provides access to the firm’s flagship private equity strategies, including buyout, growth, secondaries and co-investment. It will join Goldman Sachs’ G-Series suite of open-ended funds, which provide access to infrastructure, real estate credit and private credit strategies.
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3 weeks ago | 
citywire.com | Olivia Bybel |Joseph Eden |William Robins |Pietro Cecere
Invesco is consolidating its global debt and emerging market hard currency credit investment teams into a single platform, Citywire Selector can reveal.
The newly structured Invesco fixed income emerging market debt unit – set to be co-managed by Hemant Baijal and Citywire A-rated Wim Vandenhoeck – will oversee a global portfolio of $13.7bn (€12.7bn) in assets under management.
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3 weeks ago | 
citywire.com | Olivia Bybel |Jana Rudolf |Ian Heath |William Robins
Germany’s largest asset manager DWS has agreed to pay a €25m fine to settle a long-running greenwashing investigation by the Frankfurt public prosecutor’s office.
The fine brings an end to years of scrutiny over whether the company exaggerated the sustainability credentials of its investment products and practices. According to prosecutors, DWS showed deficiencies in its ESG-related documentation, internal controls, procedures and marketing communications.
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3 weeks ago | 
citywire.com | Ian Heath |William Robins |Pietro Cecere |Selin Bucak
From the return of Eastern European exposure to defence plays and elusive transparent green bond funds, Greek selectors are casting a wide net.
During a recent visit to Athens, Citywire Selector heard from top local fund buyers about the strategies and sectors topping their watchlists.
Shifting geopolitics, ESG frustrations and a desire to move beyond traditional markets are all shaping the outlook at various selection houses. Already have an account?
