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MetLife InvestmentManagement (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financialservices firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.
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Robotics Process Automation (RPA) is the application of robotics technology to manipulate existing application software which completes a business process. In recent years, this technique has captivated large financialservices players given its potential to help drive down labor costs, reduce human errors and improve the customer experience.
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FINBOURNE provides investmentmanagement solutions and a cloud-native data management platform. Across the investment lifecycle, investment and operations teams can increase revenue, reduce costs and better manage risk, the firm claims. “I
TS Imagine has expanded its team in the Asia Pacific with two new appointments from investmentmanagement fintech Enfusion. Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support.
As part of the role, he helped enhance Barclays’ custom baskets business. Northern Trust Asset Management appointed Naoto Komoro to lead its asset managementbusiness in Japan. He joined Northern Trust in 2007 and has since worked in senior roles across portfolio management, client management and sales.
GAM Holding has confirmed its first steps in the turnaround plan for the business, aiming to return the company to profitability following a turbulent period. GAM has already made several new appointments in recent weeks in a bid to grow the business and increase profits, including changes to the group management board.
Hong Kong continues to be very active, with its authorities keen to maintain their hold on the financialservices sector. Most recently, Legal & General InvestmentManagement (LGIM) expanded its footprint across Asia with the opening of its new Singapore office; the latest development in the firm’s growth strategy for the region.
BlackRock promoted Dean Catton to take the helm for its European credit business after spending the last two years as its head of European leveraged finance trading for its alternatives business. Previously, Williams served as an investment account manager at Northern Trust.
Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ Asset Management to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ Asset Management’s specific needs for tools to support rule-based investment decision-making.
RBC appointed Guy Chalkley as managing director, UK flow rates sales. Chalkley brings more than three decades worth of financialservices to the role, in both portfolio management and rates sales. His most recent role at the inter-dealer broker was as a cross asset sales trader, having spent seven years with the business.
He joined the AI fintech in September last year after spending the previous six years with Liquidnet as head of EMEA business development among other roles. TS Imagine expanded its team in the Asia Pacific region with two new appointments from investmentmanagement fintech Enfusion.
It involves offering exclusive products, tailored advice, and one-on-one attention to help clients manage, grow, and protect their wealth. Unlike retail banking, which caters to the general public, private banking focuses on delivering banking services for affluent individuals and businesses.
The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Boutique independents and the largest financialservices providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry. Will we see more M&A?
Shortlisted individuals are repeated contributors to discussion whether that be through panels, associations or schemes to support the next generation joining the financialservices industry. He began his career at the UK’s HM Treasury, before moving to AIG Investments to manage fixed income funds.
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Prior to that, she worked as global trading businessmanager. Further roles at Fidelity International include stints as fixed income trading businessmanager, senior fixed income change manager, and senior fixed income portfolio analyst. Most recently, she served as head of strategic initiatives for global trading.
Broadridge Financial Solutions has appointed Stephen Wilkes senior vice president, head of international buy-side sales. Wilkes brings extensive experience in financialservices, having previously held senior roles at Deutsche Bank, JP Morgan and Goldman Sachs.
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