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New Jersey chooses 12 managers for emerging markets, international small-cap equity
trueNew Jersey Division of Investment plans to hire nine emerging markets equity and three international small-cap equity managers.
Illinois State Universities hires 4 emerging markets debt managers
trueIllinois State Universities Retirement System hired BlueBay Asset Management, Prudential Fixed Income, Colchester Global Investors and Progress Investment Management to manage a total of $520 million in emerging markets debt.
Moody's downgrades Chicago's credit rating on pension liability concerns
trueMoody's Investors Service downgraded Chicago's credit rating to Baa2 on Friday, citing concerns over the city's “highly elevated” unfunded pension liabilities.
KKR: Chinese economy has finally reached a tipping point toward services
trueKKR is predicting slower economic growth in China but says there is potential for short-term gains for stocks in 2015. The main driver of this potential is the growth of the services sector - which has overtaken manufacturing and construction as the largest component of the country's GDP (48.2% vs. ...
Wider implications of oil prices
trueWith the rapid decline and ongoing volatility in oil prices, investors will already have a sense of how the parts of their portfolios directly exposed to energy have responded, but it is also important to consider the broader investment repercussions for parts of the portfolio that are indirectly ...
Active investing in an indexed world
trueWhile active management still plays a critical role in portfolios of all sizes and sophistication levels, it’s hard to ignore the reams of headlines and research notes making the case for passive.
Incoming CEO of BATS looks to expand firm through FX forwards
trueChris Concannon will be taking the reins at BATS Global Markets Inc. with an eye toward expanding the firm's trading in foreign-exchange forward contracts and possibly in precious metals.
Sustainable investing strategy AUM soars 61% in 2 years — report
trueAssets under management incorporating sustainability investment strategies reached $21.1 trillion globally as of the beginning of 2014, up 61% from the onset of 2012, said the “Global Sustainable Investment Review,” released Tuesday by the Global Sustainable Investment Alliance.
BATS Global Markets taps president as new CEO
trueChris Concannon on Tuesday was named CEO of BATS Global Markets, effective March 31.
State Street Investor Confidence index falls 1.3% in February
trueState Street's Investor Confidence index dipped 1.3% in February to 105.2, its lowest level since December 2013.
Why have bond yields rebounded?
trueThe 10-year U.S. Treasury bond yield is up to 2.13% on Feb. 20 from this year's low of 1.68% on Feb. 2. It started the year at 2.17%. What happened to trigger such a fast and nasty reversal? Here is a partial list:
State private retirement programs get help from president
truePrivate-sector retirement solutions programs at the state level are getting a boost from the White House.
Corporate pension funds weigh derisking vs. re-risking
trueCorporate plan sponsors on both sides of the Atlantic are pushing back against the ramifications of lower interest rates, tipping a balance to re-risking from a derisking glidepath, say money managers, consultants and strategists.
Luminex offers a wake-up call for dark-pool operators
trueTo U.S. dark-pool operators, the development of an exclusive managers-only trading venue, Luminex Trading & Analytics LLC, is a splash of cold water on the face of an industry that some managers believe has taken institutional investors for granted.
Systematic quant uncovers EM small-cap opportunity
trueThe potential investment opportunity represented by small-cap stocks within the emerging markets space — both in terms of returns and low correlation to traditional markets — is clear to many investors.