With markets having already experienced an ‘unsynchronised recession’, the asset manager expects a re-acceleration of big tech in the coming quarters and suggests the worst is behind us.

Blackwattle Investment Partners has selected Equity Trustees as the responsible entity for its first range of Australian equity funds.

Since closing the Pendal deal earlier this year, Perpetual AUM has grown by $1.7 billion while it saw $5.1 billion net outflows, mainly in global equities strategies and fixed income.

Franklin Templeton has hired a senior alternatives specialist from sovereign wealth fund, Future Fund.

Two bids have been made for asset manager Pacific Current, one from GQG Partners and the other from alternatives investment manager Regal Partners.

The world’s largest asset manager has announced a new 50-50 joint venture with Jio Financial Services to introduce a new player to the Indian asset management industry.