Headlines
What BlackRock’s traders prize in new recruits…
CalPERS sets up direct P/E arm
Managers design Qs to ascertain companies’ purpose
FIS doubles AUM with Piedmont acquisition
J.P. Morgan’s tripartite strategy in China
Operations chiefs cut costs via automation, consolidation
Moves: Artemis & LGIM America hire distribution heads

Headlines
PIMCO partners with fintech for quant models
Santander pioneers blockchain for shareholder voting
Jupiter shareholders approve CEO’s pay
7IM to acquire TCAM
LGIM develops gender diversity fund, index
Pay gap reporting could intensify
Why bankers aspire to join Google
Moves: Chancellor appoints regional fintech envoys

Headlines
FRR throws post-Brexit lifeline to UK boutiques
Reposition or retreat, BCG tells managers
BlackRock, Schroders back fintechs
Managers step up Brexit preparations
RobecoSAM creates trends group, changes management
Moves: BlackRock analysts launch blockchain VC

Headlines
Digital deep dive
PIMCO plans Austin tech hub
Finance enters the space age
DWS ramps up digital fund platform
Managers experience tech growing pains

NN IP forms alliance with Chinese manager
UBS, J.P. Morgan lead the way in China
Moves: Franklin Templeton star managers join Mobius’ boutique

Headlines
BlackRock expands credit business with TCP acquisition
MFS unveils council for succession planning, investment culture
AllianzGI wagers fees on outperformance
Hedge funds of the future embrace AI, ESG
M&G launches first-of-its-kind impact debt fund
Moves: Cerberus appoints President; Mercer names UK CIO

Headlines
Federated to acquire majority stake in Hermes
Fidelity proposes discounts for loyal clients
BlackRock’s Fink sees China as critical priority
Deutsche appoints retail banker as CEO
Investment 20/20 joins forces with Investment Association
First Trust launches pioneering blockchain ETF
Rathbones, Permira circle Speirs & Jeffrey
Moves: LSE appoints CEO; Lazard adds AI hedge fund manager

Headlines
FCA orders managers to justify value
M&G CEO proposes ESG scorecard for funds
Consultants steer trustees to own fiduciary services, CMA alleges
UBS expects active managers to thrive as volatility surges
Moves: Railpen names CIO; Thain to resurface at Deutsche

Headlines
Schroders launches in-residence fintech programme
World’s largest pension will only pay for alpha
StanChart, NASA apply quantum computing to portfolios
BoE extends passporting for transition period
Morgan Creek buys blockchain VC specialist
Moves: Man GLG adds Credit CIO BNY Mellon adds investment strategy chief

Headlines
Aberdeen Standard & Virgin ink JV
CMA disputes consultants’ ability to pick managers
Chancellor unveils UK’s Fintech strategy
Managers will need to retrain almost half their workforce in tech
Diversity Project offers CV coaching for returners
Moves: PIMCO hires UN PRI co-founder; Aviva CEO joins BlackRock

Headlines
M&G Prudential to demerge from insurer parent
Tikehau, Nippon Life to buy stakes in DWS
BlackRock carves out Client Portfolio Solutions unit
Man Group launches workforce diversity campaign
UK gov commissions impact investing taskforce
Macquarie acquires ValueInvest
Moves: Solomon becomes Blankfein’s heir apparent at Goldman Sachs