EUROPE - Dexia Asset Management has opened an office in Stockholm as part of its aim to grow its business in the Nordics.
The new Swedish branch signifies a “growing focus” on the Nordic region for Dexia, which already has an office in Copenhagen, said Fredrik Wilkens, head of the new Stockholm branch.
“We see a growing demand for both alternative and traditional asset management and the continuously strong demand for sustainable and responsible investment in the Nordic countries matches the expertise within Dexia Asset Management very well,” he said. Henri-Michel Tranchimand, Member of the Executive Committee said: “At a reasonable pace, we’re expanding our sales capabilities in Europe. Our experience in other markets is that after a few months of local coverage, we are able to sign interesting management mandates and distribution agreements with institutional clients.”
Dexia Asset Management manages assets of e87.9bn, and has management centres in Brussels, Luxembourg, Paris and Sydney.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).
Pension schemes are "placing too much focus" on a narrow section of the private debt market where competition is driving down "compelling opportunities", according to Willis Towers Watson.
Barnett Waddingham's head of business development Adrian Cooper has left the consultancy to join TPT Retirement Solutions in a newly-created role.