Europe
Bumpy ride for asset managers as new EU ESG labels for funds deadline approaches
Many funds will have to divest from certain companies or industries, amend product names, or risk falling short of guidelines’ expectations
Fairstone acquires two adviser firms and adds new hub to support expansion
the Newcastle-based consolidator has made deals with 18 firms over the last 12 months in UK and Ireland
KGAL impact fund acquires its first solar park in the Czech Republic
The final closing of this Article 9 impact fund will take place in October 2024
Morgan Stanley International chair Jonathan Bloomer still missing after Sicily yacht sinks
Jonathan Bloomer also worked for ten years at Prudential where he became group CEO
Europe-domiciled funds saw €44bn inflows in July amid €32.3bn inflows in fixed income funds
Active fixed income strategies attracted €32.7 billion, driven by a robust interest in Asian local currency bonds