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Timberland posts highest annual return since 2007
trueThe NCREIF Timberland index returned 10.48% in 2014 -- its highest return since 2007. Last year's return consisted of 7.46% price appreciation and 2.86% income return.
Cambridge Retirement System seeks emerging markets, international equity managers
trueCambridge (Mass.) Retirement System is searching for an emerging markets equity manager to run about $100 million and a high alpha, concentrated international equity manager to run about $30 million.
Analytic Investors: Seahawks will win
trueThe Seattle Seahawks should beat the spread and win Super Bowl XLIX on Feb. 1 in Glendale, Ariz., if Analytic Investors LLC has anything to say about it.
Nikko's Shibata: Goal of becoming global asset manager in sight
trueA number of industry observers see Tokyo-based Nikko Asset Management as the region's leading example of a firm making big strides in moving beyond its home market in recent years.
Coming investment boom not just for Asian managers
trueLocal money managers in Asia will benefit as Asian investors come to account for an ever-larger slice of the global wealth pie, but big U.S. and European players could be poised to gain even more.
Harvest Global CEO: Chinese managers must use “window of opportunity” to set stage for long-term growth
truePeng Wah Choy, the vice chairman and CEO of Hong Kong-based Harvest Global Investments Ltd., has high hopes that his parent company, Beijing-based Harvest Fund Management Co. Ltd., will emerge from the rapid ongoing opening of China’s capital markets as one of the local Chinese managers best ...
Value Partners looking to link up with AMG to gain entry to U.S.
trueValue Partners Group Ltd., an independent, Hong Kong-listed money management firm that established an extensive footprint in Greater China in recent years, is looking to plant its flag next in the U.S.
U.S. oil and natural gas rigs down 8.1% from a year ago
trueThe number of oil and natural gas rigs operating in the U.S. is down 8.1% from a year ago, according to weekly data released by Baker Hughes Inc. As of Friday, 1,633 rigs were operating in the U.S., down from 1,777 a year ago.
Northern Trust: Managers overwhelmingly predict higher global market volatility
trueMoney managers remain positive on U.S. economic and corporate growth but predict higher global market volatility in the first half of 2015, Northern Trust Corp.'s quarterly investment manager survey shows.
Quincy Contributory Retirement seeks emerging markets equity manager
trueQuincy (Mass.) Contributory Retirement System is looking for a manager to run a $35 million emerging markets equity portfolio.
CEOs remain upbeat on revenue growth, less optimistic about global economic expansion
trueConfidence among CEOs in their firms’ ability to increase revenue in 2015 was unchanged from a year ago, according to PricewaterhouseCoopers’ 18th Annual Global CEO Survey. Thirty-nine percent of CEOs said they were confident revenues will grow over the next 12 months -- unchanged from last year -- ...
Managers surprised by scope of ECB's bond-buying program
trueThe European Central Bank announced it will begin €60 billion ($69.4 billion) of public and private debt purchases per month as part of a quantitative easing strategy, in what money managers said was a surprise move in terms of size and one that is expected to further weaken the euro and spark ...
Canada cuts key rate as oil shock clobbers inflation outlook
trueThe Bank of Canada became the first central bank in the Group of Seven to cut interest rates in response to plummeting oil prices, saying the shock will weigh on everything from inflation to business spending.
S&P settles with SEC, 2 states over CMBS ratings
trueStandard & Poor's Ratings Services agreed to pay a total of $77 million to settle federal securities law violations involving its ratings of commercial mortgage-backed securities to the SEC, and to the offices of the New York and Massachusetts attorneys general.
Money manager group unveils dark pool for stock trades
trueA group of nine fund managers has teamed up to start a dark pool dedicated to large stock trades that will open later this year.