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Ohio PERS taps Aberdeen for $850 million emerging markets debt allocation
trueOhio Public Employees Retirement System hired Aberdeen Asset Management to run about $850 million in active emerging markets debt.
BofA: Money managers remain optimistic on global economic growth
trueFund managers' confidence in global economic growth remains high in April despite expectations of higher short-term interest rates, according to Bank of America Merrill Lynch's monthly fund manager survey.
Texas Permanent seeks emerging markets equity managers
trueTexas Permanent School Fund, Austin, will search for its first emerging markets equity managers to run a total of $888 million.
Pension funds ride stock market roller coaster
trueGains in the U.S. stock market since February have allowed three pension fund executives to take advantage of the returns in a long-running bull market, although recent declines in the technology sector and concerns over early first-quarter earnings reports suggest the market could continue to lose ...
Walking the high-frequency tightrope
trueControversy over high-frequency trading, fomented by Michael Lewis' new book, highlights the conflict many chief investment officers experience over the practice.
Institutional money continues pouring into equity markets
trueWith the bond bull market coming to an end, equities have been seeing growing net inflows from institutional investors, despite stock markets' recent declines.
Better oversight of HFT
trueMichael Lewis shocked the investing public with his charge that the stock market is rigged. He will have done investors a great service if he has also shocked the Securities and Exchange Commission into re-examining high-frequency trading and taking steps to halt it.
House passes Ryan budget with higher federal pension contributions
trueThe House of Representatives approved a fiscal 2015 federal budget Thursday that reduces corporate and personal tax rates and raises federal employees' pension contributions.
Northern Trust: Money managers remain optimistic about U.S. economy, job growth
trueMoney managers still expect significant economic growth in the U.S. in 2014 and do not expect turmoil in emerging markets nations to spread to developed markets, according to a quarterly survey by Northern Trust.
Fed members view 2015 as appropriate time to raise rates
trueMembers of the Federal Open Market Committee consider further tapering of their bond-buying program “likely,” according to minutes of the March meeting released Wednesday.
Outlook for Treasury inflation-protected securities
trueWhile this might seem like a non-intuitive point, after exploring the mechanics of TIPS, it should become clear that the asset class may experience headwinds.
State Super gives Acadian A$90 million for emerging markets equity managed volatility
trueState Super Financial Services hired Acadian Asset Management for a A$90 million (US$84 million) emerging markets equity managed volatility allocation.
Fed governor Stein resigns
trueFederal Reserve Gov. Jeremy Stein on Thursday announced his resignation from the Federal Reserve Board of Governors.
Money managers could threaten financial stability, Bank of England exec warns
trueA Bank of England executive warned FridayApril 4 of the risks the money management industry poses to financial stability, relating in particular to its size.
U.K. report warns of growing economic isolation from Europe
trueFundamental weaknesses remain in the eurozone that make it “vulnerable to future shocks,” warns the House of Lords EU Economic and Financial Affairs Subcommittee in a report on the recent recession.