The European Securities and Markets Authority (ESMA) has today published a consultation paper regarding its draft regulatory and implementing technical standards (RTS/ITS) which will implement the Benchmarks Regulation (BR).
Amundi is launching a single platform bringing together its capabilities in real and alternative assets (AI) in order to become one of the leading alternative asset managers in Europe.
The team will initially have five members and Unigestion plans to grow this further as the firm increases its presence in intermediary markets.
The Fed gave its verdict last week and decided to stay put on the back of inflation remaining below its target. Financial markets found the message to be reassuring. They recovered from recent losses related to fears that it may hike as early as this month.
Given the economic and political headwinds and shocks we have experienced in the first six months of 2016, the summer could easily have been characterised by uncertainty and volatility.