Regulators are concerned that a product that’s restricted, or banned, for investment firms could still be distributed directly by fund managers
The transaction gives the asset management firm access to money managers from around the globe
Capital infusion will help fund future acquisitions
Carnegie Asset Management to be renamed C WorldWide Asset Management
The London, U.K.-based firm’s focus on emerging and frontier markets will add to Fiera’s global offering in equities
The firm born out of the Aston Hill and Front Street Capital merger wants to bring sophisticated investment strategies to the mass market, says CEO Joe Canavan
Faced with mounting pressures, asset-management firms will likely have to cut costs and adopt new strategies, Casey Quirk’s report recommends
An aggregate decline in effective fee rates was driven by the largest managers
The shift to investments with lower fees is being driven by concerns about costs in this low-return environment and the regulatory climate, report finds
Natixis Global Asset Management Canada and Picton Mahoney Asset Management have officially joined the organization, IFIC announced on Monday