Schroders explored a potential buyout of M&G, a deal that would have created a U.K. fund powerhouse overseeing over $1 trillion of assets.
AssetCo agreed to acquire Saracen Fund Managers in a $3.9 million deal that will bring the money manager acquisition firm an FCA license.
Dalia Blass, former director of the SEC's investment management division, is set to join BlackRock as head of external affairs.
Brett Condron has joined Pacific Investment Management Co. as a managing director in the firm's U.S. global wealth management group.
Total assets under management at Allianz Group grew 1.8% in the first quarter of the year, to $2.85 trillion.
Nick Maroutsos, head of global bonds at Janus Henderson Group, is to leave the firm Oct. 1, with his team to report to Jim Cielinski.
Chris Lipton was named managing director and head of timberland investment at GreenWood Resources.
Multiboutique manager Pendal Group will acquire value equity manager Thompson, Siegel & Welmsley from BrightSphere Investment Group.
Amundi's new CEO is focusing on margin pressure, intensifying competition from rivals and the development of passive management.
Sandro Pierri will become CEO of BNP Paribas Asset Management, effective July 1.
Emma Douglas was named managing director, workplace savings at Aviva, following the Janauary departure of Colin Williams.
Multiboutique money manager Carillon Tower Advisers hired Robert Kendall as its new president, replacing Cooper Abbott.
Olivier de Larouzière was named chief investment officer for global fixed income at BNP Paribas Asset Management.
Amundi's acquisition of Lyxor Asset Management marks a significant moment in Europe's exchange-traded funds industry.
Credit Suisse's new chairman vowed to focus on risk management, strategy and culture following the Archegos and Greensill scandals.
T. Rowe Price Group reported $1.52 trillion in assets under management as of March 31, up 50.5% for the year and 3.2% for the quarter.
Carlyle Group reported a record $260 billion in assets under management as of March 31, up 5.7% from Dec. 31 and 20% from March 31, 2020.
Deborah Gallegos joined middle-market private equity manager Palladium Equity Partners as a managing director, a new position.
Assets under management at both Amundi and Janus Henderson Group increased in the first quarter, despite net outflows for both firms.
Paradice Investment Management hired a Pacific Current Group veteran to lead the Sydney-based company's institutional sales efforts.
Ken Brooks, vice president, institutional business development at T. Rowe Price Group, will retire June 4.
Blackstone Group appointed people to five new senior positions within its environmental, social and governance team.
UBS Group disclosed an $861 million hit from the implosion of Archegos Capital Management and vowed to improve risk management.
Nigel Aston was appointed defined contribution sales director at SEI.
NN Investment Partner's parent company is reviewing strategic options for the money management business.