INCLUDING - SWITZERLAND - New CEO for Credit Suisse AM, SWEDEN - AP4, FRANCE - BNP Paribas buys IMS
Credit Suisse has named Rob Sharif as CEO of its asset management division.
Sharif is to replace David Blumer who has moved to Swiss Re.
Along with the new role, Sharif will retain his role as CEO of Americas region and executive board member.
SWEDEN - AP4
AP4's consortium has failed in its bid for Swedish drinks company V&S.
The fourth buffer fund announced it had joined a group led by private equity company EQT to take control of the state owned firm.
French drinks giant Pernod Ricard took the company in a deal which could net the Swedish government around €6bn.
FRANCE - BNP Paribas buys IMS
BNP Paribas Investment Partners (BNPP IP) has bought IMS Group, a multi-manager with £5.1bn in assets under management.
IMS would join the company under the FundQuest brand. Founders Richard Timberlake and Peter O'Connor would retain their position as IMS directors.
Fidelity International has created global retirement savings guidelines to help employers and employees understand how much is needed to save for retirement, writes Kim Kaveh.
The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.
Jonathan Stapleton wonders whether we need a thorough review of the principles for institutional investment decision-making