Downgrades for Fidelity and Legg Mason, an upgrade for Threadneedle and coverage initiated on Capital Group.
Threadneedle Investments will, in the first half of the year, rebrand its business as Columbia Threadneedle Investments, a name that represents the combined capabilities of the firm and its US-based affiliate Columbia Management.
Threadneedle Investments has set up a representative office in South Korea and has poached Samsung Asset Management’s Chris Lee as Korea chief representative.
Threadneedle Investments has launched a further two Asia-managed funds for the Singapore market.
Threadneedle is to begin offering its asset management services in Malaysia after receiving local regulatory approval.
Eyeing the growing opportunities in the Islamic investment space, Threadneedle Investments today announced its foray in the Malaysian market with plans to offer Shariah-compliant products.
Threadneedle Investments is seeing greater investment potential in emerging market corporate debt than in its developed market counterpart, according to John Peta, head of global emerging markets fixed income strategies at the company.
Threadneedle Investments has appointed Soo Nam Ng as head of Asian equities (Asia), along with four additional prominent hires.