BT Investment Management CEO Gonzalez: no plans to cut jobs

There are no plans by BT Investment Management Ltd. to cut jobs, says chief executive Emilio Gonzalez.

“We have no plans in place on head count reduction,” says Gonzalez. “Different organisations will respond differently.”

BT Investment Management recognises that more investors are seeking income-generating investments, he says.

“We have one or two products for the retail market we are looking to launch,” says Gonzalez.

The $314 million acquisition of J O Hambro Capital Management is proceeding smoothly, he says, and just awaits approval from the U.S. Federal Reserve Board before the transaction can be closed.

“We expect approval to come through in the near future,” says Gonzalez.

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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