JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.

JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.
Natixis Asset Management, which will be rebranded as Ostrum Asset Management on 3 April, aims to expand its AUM coming from the private and retail banking segments in Asia, according to Fabrice Chemouny, Hong Kong-based head of Asia-Pacific of the firm’s holding company, Natixis Investment Managers.
By moving back-office functions onto blockchain, Natixis expects to improve transparency and reduce the cost of its funds.
Natixis GAM will need to grow in China to reach its AUM target, but the firm’s China strategy is still under consideration.
Mirae Asset launches an Asia bond fund; Natixis names new head of Asian equities; Franklin Templeton creates multi-asset role; NB appoints Jonathan Bailey as head of ESG; Old Mutual becomes title sponsor of the Hong Kong rugby league; and others…
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