Mellon Global Investments has signed a distribution deal with Banco de Investimento Global (BIG) for its global funds in Portugal, the latest move in Mellon's expansion into Europe.

Mellon has made steady inroads in to Europe since acquiring UK's Newton Investment Management in 1998. It recently signed a distribution deal with Italy's BNL Investimenti and has also won segregated mandates in the country.

Mellon signs distribution deal in Portugal

Pirkko Juntunen

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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