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Allianz pauses talks to combine investment management business with Amundi: report
Allianz (OTCPK:ALIZF)(OTCPK:ALIZY) has put the brakes on talks with Amundi (OTC:AMDUF) and its majority stakeholder Credit Agricole (OTCPK:CRARF)(OTCPK:CRARY) over combining its €560B ($591.84M) investment management business with the larger French peer,
Allianz, Amundi stop talks over combining asset management businesses, source says
Allianz and Amundi have paused discussions about combining their asset management businesses into a European investment giant that would manage nearly 2.8 trillion euros ($3 trillion) in assets, a source close to Allianz said.
Allianz pauses talks with Amundi to form €2.8tn asset management giant
The two sides had been in on-and-off discussions for more than a year, and were in exclusive talks to form a European giant with almost €2.8tn of assets under management as recently as Saturday morning.
Pensions&Investments
5d
CBRE Investment Management names new co-CEOs, global CIO to depart
Adam Gallistel and Andrew Glanzman were named co-CEOs of real estate manager CBRE Investment Management, and its global CIO, ...
5d
on MSN
Starbucks ‘targeted’ by pro-Trump, anti-woke investment firm
The incoming Trump administration has vowed to crack down on positive discrimination across the entire federal government and some companies fear that they too could be targeted.
12h
JPMorgan Chase expects investment banking fees to be up by 45% in Q4
JPMorgan Chase investment banking fees are expected to rise by 45% in the fourth quarter over a year ago, Marianne Lake, the ...
Pensions&Investments
6d
Kudu Investment Management takes minority stake in RiverNorth Capital Management
Kudu Investment Management has made a passive minority investment in RiverNorth Capital Management, an investment manager ...
Bisnow
5d
CBRE Names Co-CEOs For $150B Investment Management Arm
Danny Queenan, who had been leading CBRE's real estate investments, will focus on heading up Trammell Crow Co.
Executive Gov
8d
FDIC Seeking Portfolio Investment Management System Proposals
Read about an FDIC request for proposal to replace the existing Portfolio Reporting, Trading, and Investment Analysis system.
Nation's Restaurant News
7d
Red Robin has received an $8.5M investment to pay down debt
Red Robin Gourmet Burgers today announced an $8.3 million investment from JCP Investment Management LLC and Jumana Capital ...
1d
Vanguard plans new advice and wealth management division
Money manager Vanguard said on Monday it will establish a new advice and wealth management division led by industry veteran ...
5d
CBRE names co-CEOs for investment management division
They fill a role that's been open for nearly two years, following the last CEO's retirement at the end of 2022.
Business Times
4d
An ethics case study: AI in investment management
INVESTMENT professionals have increasingly embraced artificial intelligence (AI) to augment and improve the investment ...
5d
on MSN
Mutual fund pioneer MFS Investment Management launches first ETFs
MFS Investment Management, the Boston-based asset manager that unveiled the world's first open-ended mutual fund a century ...
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