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...consolidate in recent years, including the £11bn merger between Standard Life and Aberdeen Asset Management, the $6bn combination of Janus Capital and Henderson Global Investors and Invesco’s purchase of rival OppenheimerFunds...
...Invesco also shot into the trillion-dollar club last year following its mega $5.7bn acquisition of OppenheimerFunds....
...Franklin Templeton agreed to buy rival Legg Mason in February, following on the heels of Invesco’s tie-up with OppenheimerFunds last year....
...Janus Capital merged with Henderson Global Investors 2016; Standard Life combined with Aberdeen Asset Management in 2017; and in 2018 Invesco bought OppenheimerFunds for $5.7bn....
...The pressure has led to a wave of industry consolidation, including Aberdeen Asset Management falling into the arms of Standard Life, Janus Capital merging with Henderson and Invesco buying OppenheimerFunds...
...Consolidation in the industry has already hit an all-time high with 253 deals announced last year, including Invesco’s $5.7bn acquisition of OppenheimerFunds from MassMutual....
...The Atlanta-based company this autumn swooped for rival OppenheimerFunds, paying $5.7bn in a deal that lifted Invesco’s overall assets under management to $1.2tn, on the view that size and scale will be...
...This week’s announcement of Invesco acquiring OppenheimerFunds for $5.7bn is the latest in a string of defensive deals that highlight how investment groups are bulking up to protect their positions....
...• OppenheimerFunds , the $246bn New York-based asset manager, has hired Patrik Silfverling as head of the Nordics and Benelux. He previously worked for in a similar role at Franklin Templeton....
...Even so, says David Mazza, head of ETF investment strategy at OppenheimerFunds, the US investment house, the benefits of securities lending outweigh the risks for investors....
...• OppenheimerFunds, the $246bn New York-based asset manager, has hired Aniket Shah as head of sustainable investing....
...● OppenheimerFunds, the $222bn New York-based asset manager is also strengthening its ETF team. David Mazza has joined as head of beta solutions investment marketing and ETF specialists....
...Brexit on the UK, a number of international asset managers have strengthened their presence in London in recent months, including Unigestion, the Swiss fund manager, PSP, the Canadian pension scheme, and OppenheimerFunds...
...Increasing disenchantment among investors with the poor performance of traditional active fund managers led to large outflows at US fund houses including Fidelity, Franklin Templeton, Pimco, GMO, OppenheimerFunds...
...In Europe the opposite is true,” says George Evans, chief investment officer for equities at OppenheimerFunds....
...Giant money management companies including OppenheimerFunds, Legg Mason, Franklin Templeton and Goldman Sachs Asset Management are now all beginning to jostle with smaller but well-regarded firms such as...
...Among them are Aberdeen, Delaware, DFA, John Hancock, Lord Abbett, OppenheimerFunds, Russell and Transamerica....
...“People are enamoured by market timing and liquidity,” says Krishna Memani, chief investment officer and head of fixed income at OppenheimerFunds....
...Michael Luft and Carmela Di Meo both become senior vice-presidents after moving from Rocaton Investment Advisors and OppenheimerFunds respectively....
...BlackRock’s fee cut, which follows similar changes by Lord Abbett and OppenheimerFunds, comes after the high-profile departure of Bill Gross from Pacific Investment Management Co in late September and could...
...C Cushing Asset Management, the investment advisory arm of Swank Capital, the Dallas-based energy investment group, has hired Geoff Crumrine as head of institutional and international distribution from OppenheimerFunds...
...OppenheimerFunds, one of the largest managers of US municipal bond funds, has defended its commitment to holding Puerto Rican debt, despite falling prices of the territory’s bonds....
...Jerry Webman, chief economist at OppenheimerFunds, echoes such sentiment: “Equities were held back by political scepticism, but now markets realise it is about earnings....
...Jerry Webman, chief economist at OppenheimerFunds, while optimistic about equities in general, cautions that national equity markets are misleading....
...That was the path OppenheimerFunds took when it acquired master limited partnership fund specialist SteelPath Capital Management in July....
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