Product Innovation and Customer Targeting in Asset Management, Q2 2007

Table of Contents

• Table of Contents
• The Roundup
  • Much recent product innovation centers around alternative and sustainable assets
  • The shift towards defined contribution pensions is impacting pension asset management
  • Technology continues to play a major role in product development
• The Developments
  • Allianz
    • Citibank and Allianz partner to bring new mutual funds to the Hungarian market (Product Innovation) - May 2007
  • Amvescap
    • High Income Municipal Fund to be re-opened by Amvescap (Product Innovation) - April 2007
    • Amvescap reorganizes AIM-branded funds (Refreshed product) - April 2007
  • Aviva
    • Aviva company Norwich Union International enhances its offshore bond offering (Refreshed product) - May 2007
    • Navigator, an Aviva company, announces new funds in its retirement and personal investment plans (Refreshed product) - April 2007.
  • Bank of America
    • Bank of America' s investment management division alters conditions of Acorn Select fund (Refreshed product) - June 2007
  • BBVA
    • BBVA launches venture capital fund of funds with €10 minimum investment (Product Innovation) - June 2007
    • BBVA and Schroders joint venture introduces a hedge fund of funds (Product Innovation) - April 2007
  • Black Rock
    • BlackRock raises $2 billion from International Growth and Income Trust IPO (Product Innovation)- May 2007
    • BlackRock launches portfolios designed for defined-contribution pension plans (Product Innovation) - June 2007
  • BNP Paribas
    • Rebranding for BNP Paribas asset management activities (Refreshed product) - May 2007
  • Citigroup
    • Citibank Greece offers ' basket of water' investment product (Product Innovation)- May 2007
    • Citibank launches Citi Infrastructure Investors (Product Innovation) - May 2007
    • Citibank and Allianz partner to bring new mutual funds to the Hungarian market (Customer targeting) - May 2007
    • Citibank introduces DWS Investment' s Shari' ah-compliant funds to Bahrain (Customer targeting) - May 2007
    • Citibank introduces new Birla Sun Life India-based fund (Product Innovation) - May 2007
    • BlackRock offshore funds launched by Citibank Hungary (New product / customer targeting) - May 2007
  • Credit Agricole
    • Crédit Agricole Asset Management reaffirms Italian strategy (Customer targeting) - June 2007
  • Credit Suisse
    • Credit Suisse PL100 - World Water Trust closes prior to listing on Australian Stock Exchange (Product Innovation) - June 2007
    • Advanced Prime platform for hedge funds launched by Credit Suisse (Customer targeting) - June 2007
    • New Credit Suisse product allows investment in bond funds (Product Innovation) - May 2007
  • Deutsche Bank
    • Deutsche Bank announces a range of Exchange Traded Funds (Product Innovation) - June 2007
    • Deutsche Bank widens scope of aXess structured equity products to include GCC markets (Refreshed product) - April 2007
    • Hedge fund product offered to retail investors in Australia by Deutsche Bank New product / customer targeting) - April 2007
  • Franklin Templeton
    • Franklin Templeton Investments introduces the Franklin All Cap Value Fund (Product Innovation) - June 2007
  • Goldman Sachs
    • Goldman Sachs Asset Management launches two new fund-of-funds (Product Innovation) - April 2007
  • HBOS
    • Bank of Scotland International launches new investment account (Product Innovation) - May 2007
  • Henderson Global Investors
    • Henderson Global Investors introduce Asian dividend income fund in Singapore (Customer targeting) - April 2007
    • Henderson Global Investors to launch new investment company (Product Innovation) - June 2007
  • HSBC
    • Hang Seng China-B Share Focus Fund made available to retail customers (Customer targeting) - June 2007
  • Intesa Sanpaolo
    • Intesa Sanpaolo launches new ten-year benchmark Eurobond (Product Innovation) - May 2007
  • JP Morgan Chase
    • JP Morgan launches new investment tools (Product Innovation) - April 2007
  • Julius Baer
    • Julius Baer launches new regional emerging market fund (Product Innovation) - April 2007
  • Mellon Financial Corp.
    • Boston Company Asset Management launches 130/30 strategy (Product innovation) - April 2007
    • Mellon Launches Australian Equity Long/Short Trust (Product innovation) - May 2007
  • Merrill Lynch
    • Merrill introduces the ML LifeStyle Index (Product innovation) - April 2007
    • Merill Lynch to launch CFXO product (Product innovation) - May 2007
    • Merrill Lynch introduces Alpha Surprise Model Index - May 2007
  • Morgan Stanley
    • Morgan Stanley to offer olectronic trading access via Bloomberg Tradebook (Product innovation) - April 2007
    • Morgan Stanley Investment Management launches Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (Product innovation) - April 2007
  • Old Mutual
    • Skandia unites UK Business units to simplify product offering (Product Innovation) - April 07
  • Pictet & Cie
    • Pictet & Cie introduce a Clean Energy Fund (Product Innovation) - April 07
• APPENDIX
  • Methodology
  • Further reading
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer