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Amundi’s index business includes its $307bn ETF division, which is Europe’s second-largest provider of the products

Asset Management Correspondent

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Amundi, Europe’s largest fund management group, has hired former L&G index specialist Michael Stewart after the UK-listed insurance and investment group merged two of its key businesses and 

Stewart, who joined L&G in 2019 as a product principal, was promoted to head of index investment specialists at the £1.1tn asset manager in March.

Amundi recruits former L&G index specialist

Michael Stewart joins Paris-headquartered asset manager following recent departure from fund arm of UK-listed insurance group

David Ricketts

Investing

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UK investors flock to Europe as appetite for US funds slides

https://images.fnlondon.com/im-642426?size=1.29

Emily Shepperd is leaving the regulator after a four-year stint, Financial News learns

JPMorgan international consumer banking boss Viswanathan leaves for FactSet

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The former chief administrative officer of its investment bank is departing after 15 years

Newton’s sustainable investment head exits

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Therese Niklasson is leaving the fund house after just over three years in the role

The consulting giant terminated North American employees involved in an aid effort marked by violence and disorder.

BCG Fires Two Partners Over Gaza Aid Work

Arian Eghbali, who founded a company called Goldman Sachs Capital LLC that is unaffiliated with the investment bank, has popped up in bankruptcy cases as a trustee and creditor representative.

Businessman Using Goldman Name Secures Lucrative Bankruptcy Assignments

The new deal means Boeing avoids a trial that was scheduled to start June 23 in connection with the two crashes, which left 346 people dead.

Boeing Agrees to Pay $1.1 Billion to Avoid Prosecution for 737 MAX Crashes

The world’s largest asset manager can now do business with Texas. Here’s where it stands in other states.

BlackRock Is Off Texas’ Blacklist. Where the ESG Battle Stands Now.

UniCredit said the EU wouldn’t launch an in-depth investigation into its bid for its smaller rival, effectively clearing the takeover.

UniCredit’s $10 Billion-Plus Bid for Banco BPM Gets EU Clearance

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