Asset servicing bank CACEIS has conditionally agreed to acquire KAS Bank for €188m (£163m) to boost its product offering to institutional investors across Europe.
GLOBAL - Featuring news from the US, France, UK, and the Netherlands.
FRANCE - The Fonds de Réserve pour les Retraites (FRR) has hired six firms to run a combined €4bn (US$5.9bn) in inflation-linked bond mandates.
EUROPE - Crédit Agricole S.A. and Société Générale today announced their new merged asset management firm will be called Amundi.
GLOBAL - Expansion will become the dominant driving force of mergers and acquisitions in the global asset management sector, according to Jefferies Putnam Lovell.
FRANCE - The French pension fund manager Fonds de Réserve pour les Retraites (FRR) has hired Crédit Agricole Asset Management (CAAM) to run various asset classes when needed.
Agriculture had a difficult 2008, but as the World population is estimated to increase by almost 40% by 2050, agricultural investment is set to grow, as Sebastian Cheek reports