Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
The joint venture of the German and the Indian asset managers will focus on India alts.
The country is a ‘stockpicker’s paradise’ due to its massive breadth of 5,500+ listed entities and high liquidity, writes Alquity’s Dan Billis.
It will be helped by a re-opening IPO window and broader use of GP-led solutions.
Prateek Jhawar will join the firm in January 2026 to lead origination and investment strategies in the country.
This week FSA provides a quick comparison of two India equity funds: Invesco India Equity and Nomura India Equity.
Rising geopolitical tensions and a recession are also top concerns, according to a Natixis survey.
The two firms will join forces to build an alternative investment fund unit to target the India market.
Passive strategies continue to grow as active assets shrink, with the exception of alts, according to a Thinking Ahead Institute study.
The JP Morgan veteran has been hired to drive global growth.
Asia’s investors are turning uncertainty into opportunity, according to UBS GWM’s head of fund investment solutions Apac.
Investors should seek bottom-up alpha in emerging markets, says William Blair’s Vivian Lin Thurston.
Apac investors can find opportunities for diversification, improved returns, and capital inflows into high-growth markets.
European investors are looking to add Asia equity exposure while Asian investors want to diversify DM allocations, says Xavier Baraton.
The asset manager finds opportunities in high quality US growth companies, dividend-payers and EM Asia.
UBS has formed a collaboration with 360 ONE WAM on wealth management in India and international markets.