All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

L&G and Manulife WAM form global asset management alliance 

The tie-up will focus on several areas, including distribution, investment management, and the development of new products. 

Victory Capital ends pursuit as Janus Henderson ups takeover terms 

Meanwhile, Janus Henderson announced an amended acquisition agreement with Trian Fund Management and General Catalyst Group Management. 

Thorsten Michalik named CEO of HSBC AM Alternatives

He will replace Joanna Munro, who is set to retire following a career spanning over 40 years, including two decades at HSBC.

GAM managers push for Liontrust sale amid stock slide

Liontrust’s assets under management dipped from £42.3bn to about £22bn, resulting in a market valuation of just 0.68% of its AUM.

Goldman Sachs to reduce underperforming staff in April – report

The upcoming job cuts are separate from the company’s usual annual review process known internally as the “strategic resource assessment”.

UBS gains US national bank charter to broaden services  

The acquisition of this licence would enable UBS to offer a suite of services on par with other banks in the US.  

JPMorganChase establishes new financial advisory council for athletes 

The council will work with JPMorganChase leadership to inform the development of support initiatives. 

Deutsche Bank overhauls management board 

Marie-Jeanne Deverdun has been appointed chief technology, data and innovation officer on the management board.  

JPMorgan names Goldman’s Yi Zhang as China investment banking co-head 

Zhang is expected to join during the summer and will work alongside Michelle Wang, who will continue in her role as co-head for the region. 

BNP Paribas Asset Management eyes €350bn net inflows by 2030 

Following its acquisition of AXA Investment Managers, BNP Paribas Asset Management now manages over €1.6tn.