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Wednesday, March 7, 2012

Fundsters Heed London's Call

News summary by MFWire's editors

Fundsters interested in setting up shop in London would find an article in Financial News of interest.

The pub talked to U.S.-based asset managers that recently launched offices in London -- including Loomis Sayles [profile] and Calamos Investments [profile] -- about the appeal of London and the difference between doing business in Europe and doing business in the U.S.

"We feel that there's definitely a different decision making-process in Europe: it's a more sophisticated sale. In the US, much of retail business is done through brokerage firms," said Dan McNamara, head of international sales at Calamos Investments.

Other executives quoted in the article are Loomis Sayles CEO Robert Blanding and Artisan Partners CEO Eric Colson.  

Edited by: Armie Margaret Lee

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