ACP joins AllianzGI

Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) have announced that they will join forces. From 1 January 2018, ACP will become a discrete entity under the umbrella of AllianzGI. ACP and AllianzGI will jointly develop an investment offering for external clients. ACP will continue to provide their offering to Allianz Group companies and their clients. Jürgen Gerke, CEO of ACP, will report to Andreas Utermann, CEO of AllianzGI.

Mediobanca acquires 69% interest in RAM AI

Mediobanca SpA and RAM Active Investments SA have announced that they have agreed the terms of a strategic partnership in which Mediobanca will acquire a 69% interest in RAM AI.

Founded in 2007, based in Geneva, RAM AI is a systematic investment manager offering a range of actively managed and alternative systematic fundamental equity and tactical fixed-income funds. As of 31 October 2017, RAM AI had AUM of CHF4.9bn across 14 funds.

Linedata acquires Hong Kong provider QRMO

Linedata has signed an agreement to acquire Quality Risk Management & Operations (QRMO), a provider of outsourced middle-office, shadow accounting and risk monitoring services to the asset management and securities industries.
The acquisition of QRMO, a Hong Kong-based company with 30 employees, allows Linedata to expand its outsourcing business and enhance its presence across Asia. QRMO will expand its range of outsourced services by integrating Linedata’s range of technology solutions.

Prestige Expands AIFM Malta Operations

Prestige Capital Management Limited (‘PCM’), the AIFMD-licensed Malta arm of the Prestige group of companies, is continuing to expand its Malta-based operation with the appointment of Dario Inclimona as junior portfolio manager to its growing team. Dario will be working alongside Jonathan Scott, who joined PCM as Chief Operations Officer in November 2016, and will be looking after day to day fund investment portfolio operations.

This is part of PCM’s increasing role as the day to day operations and reporting centre for the range of Prestige Funds.

SG CIB completes execution services integration

Societe Generale Corporate & Investment Banking (SG CIB) has announced the completion of a programme to combine its execution teams, adapting to increasing demand for fully integrated electronic and high-touch trading services across asset classes. In the final stage of this integration, the investment bank’s high-touch cash equity team has moved to join the Global Execution Services (GES) team within Societe Generale Prime Services.


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