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People Moves Monday: Morgan Stanley Investment Management, Legal & General Investment Management, Goldman Sachs and more…

The TRADE

He confirmed his departure from Nomura Asset Management where he had most recently served as senior trader earlier this month. Molloy initially joined as head of corporate actions seven years prior. Goldman Sachs Natalie Khoury has joined Goldman Sachs as an Asia equity sales trader, based out of New York.

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Impax Asset Management to acquire corporate credit business from partner firm Formuepleje Group

The TRADE

Impax Asset Management has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax Asset Management to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.

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People Moves Monday: Union Investment, LCH Group, Instinet and more…

The TRADE

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. His new role is not yet public but will be communicated in due course.

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Impax AM completes acquisition of Absalon’s fixed income assets

The TRADE

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. Specifically, the transaction will see Impax AM add Absalon’s global high yield and emerging market corporate debt strategies to its fixed income range. The existing fixed income team is based in the US.

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How Merchant Banks Help Businesses Grow and Succeed

Razorpay

Huge corporations have investment banks. Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. Regular individuals have retail banks. What do medium to big-sized businesses have? The answer: Merchant banks.

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A new chapter for RBC BlueBay Asset Management’s London-based fixed income trading desk

The TRADE

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income asset manager, with its traders now working directly alongside RBC BlueBay Asset Management’s equities desk.

Trading 98
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Federated Hermes’ head of Europe quits investment management after 35 years to pursue technology venture

The TRADE

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. I shall be taking up a more active role in a corporate development and investment advisory position, at an extraordinarily exciting time for the business.