Markets
UBS Global AM
Fixed Income
By Funds Society, MadridMarkets
Debt markets
Fitch: the U.S. high yield default rate will remain in a range of 1.5%-2% in 2014
By Alicia MiguelAppointments
Will be based in London
AXA IM Appoints John Porter as Global Head of Fixed Income
By Fórmate a FondoBusiness
Avoca has $8bn in AUM
KKR Acquires the European Credit Investment Manager Avoca Capital
Appointments
Peter Marber, from HSBC AM
Loomis Sayles Welcomes New Head of Emerging Markets
ETF
Survey by Cogent Research
Traditional Managers Poised to Ride the Next Wave of ETFs
Alternatives
Terms not disclosed
Grosvenor Capital Management Acquires CFIG from Credit Suisse
Business
Allocations to Equity Rise
Investors Still Confident In Global Growth Despite China Doubts
ETF
End of H1 2013
Globally ETFs and ETPs had outflows of US$3.98 billion in June 2013, their first net outflows in over two years
Style
