Grateful Dead fans are sure to remember Dear Jerry, the all-star tribute to Jerry Garcia that featured all members of the Dead’s surviving Core Four and pretty much everyone else from the jam scene as well. The creators of Dear Jerry recently announced an official audio/video release for fans everywhere, and celebrated that announcement with a video of “Touch Of Grey” from the performance.Today, the Dear Jerry folks have returned with a new video. Ahead of the October 14th release is a new video of “Friend Of The Devil,” featuring Bob Weir and Grace Potter singing the Garcia & Hunter classic. Thanks to Entertainment Weekly, we can watch the emotional performance in the stream below.Says Potter of the performance, “The skeletal body of that song will never change, and the way that it makes you feel will never change, but you can play it a million different ways… We’re going to tweak it out a little bit, get a little weird.”For more on the new Dear Jerry release, head here. The full tracklisting can be seen below.Tracks:“The Wheel” / “Uncle John’s Band,” Phil Lesh & Communion“Shady Grove,” David Grisman“(I’m A) Road Runner,” Peter Frampton“Deal,” Buddy Miller“Sugaree,” Jorma Kaukonen“The Harder They Come,” Jimmy Cliff, Mickey Hart, Bill Kreutzmann“Fire On The Mountain,” Jimmy Cliff, Bob Weir, Mickey Hart, Bill Kreutzmann“Help On The Way” /” Slipknot” / “Franklin’s Tower,” Bill Kreutzmann’s Billy & The Kids“Scarlet Begonias” / “I Know You Rider,” The Disco Biscuits, Bill Kreutzmann’s Billy & The Kids“Loser,” moe.“St. Stephen,” O.A.R.“Bertha,” Los Lobos & Bob Weir“Brown-Eyed Women,” Trampled By Turtles“Shakedown Street,” Yonder Mountain String Band“Friend Of The Devil,” Bob Weir & Grace Potter“Tennessee Jed,” Eric Church“Morning Dew,” Widespread Panic“Touch of Grey,” Bob Weir, Mickey Hart, Bill Kreutzmann“Ripple,” Full Ensemble
Naïm Abou-Jaoude, chief executive at Candriam, told IPE the brand change was necessary, would reinvigorate the business and give it a positive momentum among clients and staff.He said now the transformation was complete, the business would focus on its third-party distribution and its institutional business – which accounts for around two-thirds of the manager’s assets.“With our new brand offering a fresh start, coupled with the stability of the management,” Abou-Jaoude said, “we can fully enhance the business, and in particular our relationships with the consultants, who are likely to be more open to having new discussions with us on what we can offer to their clients.”Candriam, within the next nine months, wants to grow institutional business in Switzerland and Germany while increasing third-party distribution exposure in the UK.Abou-Jaoude said institutional business in the UK was an ambition but would be more realistic in 18 months’ time.With regard to offerings, the chief executive said Candriam was looking to build on its previous products and provide more suitable solutions to institutional clients.“We want to go in two directions,” he said. “One is offering a flexible multi-asset fund, and a multi-asset income fund, which will capture the spreads from different asset class.“The second is short high-yield offering, using a combination of long-short strategies.”The firm is also working on equity products for its insurance clients that will utilise the benefits of derivatives, mitigating the downside of equity investing, and reducing the capital requirements under Solvency II.In terms of the asset manager’s new partnership with NYLIM, the firm said its expansion would not include the US, given its complementary offering to its parent’s other boutiques.“We cover some other products NYLIM does not have, so the idea is to complement the offering and see how we can develop synergies on both sides,” Abou-Jaoude said.Yie-Hsin Hung, co-president of NYLIM and chair of Candriam, told IPE the boutique owner would also continue its expansion after its foray in the European market with the Dexia acquisition.“We continue to want to grow our business,” she said.“Our aspiration would be to grow in areas we don’t have a presence today, but our immediate focus is that Candriam is successful and can leverage all the resources available from NYLIM.” Candriam, the new trading name for Dexia Asset Management, will look to expand its offering in three new territories following its rebrand and completed takeover by New York Life Investment Management (NYLIM).The manager, which was plagued by uncertainty for more than two years as it was subject to takeover talks, saw business deteriorate as clients awaited confirmation of the firm’s future.However, in December 2013, US-based NYLIM, the asset management arm of insurer New York Life, completed its rumoured takeover of the European manager, adding it to its multi-boutique operation.The following February, it was announced the firm would shed its Dexia brand, moving forward from the turmoil under the name Candriam.