Buy Side Market Update July 2020

Fund News

• Franklin Templeton has completed the acquisition of Legg Mason with the group having a combined AUM of USD 1.4 trillion
• Nuveen has held the first close of its Global Impact Strategy at USD 150 million, with a long term target of USD 400 million for the strategy
• Partners Capital has appointed Arjun RAGHAVAN, Co-Head of Asia, Singapore, as Chief Executive Officer, following Founder Stan MIRANDA being appointed Chairman of the group
• T. Rowe Price has appointed Oliver BELL, Co-Head of EMEA Equity, London, to the new role of Associate Head of International Equity

On The Move

• Mitchell HANDA, PIMCO, Portfolio Manager, Quantitative Strategies, Newport Beach, and Hozef ARIF, PIMCO, Executive Vice President, Portfolio Manager, Credit, Newport Beach, have both joined Avantis Investors as Senior Portfolio Managers in Los Angeles
• Juliette MENGA, Alternative Investment Group, Director, Investments & Associate Portfolio Manager, has joined Aetos Alternatives Management as a Director, Investments & Chair of the ESG Committee, New York
• Roger LIN, Evenstar Capital, Director, Senior Research Analyst, Greater China TMT, Hong Kong, has joined Point72 as a Research Analyst, Global Semiconductor & Tech Hardware, Hong Kong
• Thomas SLEBIR, BlueCrest Capital Management, Analyst, New York, has joined Azur IM as a Quantitative Analyst, New York