The manager is expanding outside its fixed-income base by buying an equities boutique and adding passive offerings, including smart beta.
Europe reels as Nice attack kills more than 80; China economic data stronger than anticipated; Line trade up in public debut..
CIO Salwa Boussoukaya-Nasr responds to low yields by moving into private credit and giving bond managers more flexibility over duration.
The former head of France’s PAI Partners brings family ties and business savvy to his bid for president of Benin in February’s election.
US third-quarter GDP slightly weaker than estimated; West Texas Intermediate crude briefly trades at a premium to Brent.
Politicians are fanning fears about refugees and economic migrants, but new blood can inject new energy into sluggish economies.
Election results in France and Venezuela deal a blow to ruling parties; Chinese FX reserves decline; SEC to probe CDS Market.
Employment data in the U.S. and euro zone inflation keep monetary policy in focus; final September PMI in China on the way; a white night for Paris.
S&P cuts Brazil’s debt-rating to junk; Puerto Rico asks bondholders to accept a haircut; Chinese Premier rules out easing.
Athens has yet to demonstrate that it can fulfill its reform promises, while France and Germany continue to skirt the ambiguity at the heart of monetary union.