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  1. 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.

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  1. 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.

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  2. 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.

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  3. BATS Global Markets taps president as new CEO

    trueChris Concannon on Tuesday was named CEO of BATS Global Markets, effective March 31.

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  4. 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.

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  5. BofA: Managers grow more positive on Europe following ECB actions

    trueMoney managers' outlook on Europe improved in February on the back of the European Central Bank's announcement that it would launch a program of quantitative easing, said Bank of America Merrill Lynch's monthly fund manager survey.

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  6. Market only driver of money manager AUM growth in '14

    trueAssets under management for most publicly-traded money managers inched up in the fourth quarter after they declined nearly across the board in the third quarter.

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  7. Political risk threatening to offset potential European growth

    truePolitical risk is taking center stage for global money managers as they consider their stance on Europe, offsetting the potentially economy-boosting effects of a new quantitative easing program for the eurozone.

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  8. London Stock Exchange officially puts Russell Investments on the block

    trueLondon Stock Exchange Group will sell the investment management business of Russell Investments “in its entirety,” said a statement from the business.

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  9. BATS Global Markets buys foreign exchange ECN

    trueBATS Global Markets agreed to acquire institutional spot foreign exchange network Hotspot FX from KCG Holdings for $365 million in cash.

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  10. Federal funds rate likely to stay low 'for some time'

    trueThe Federal Open Market Committee repeated Wednesday that “it can be patient in beginning to normalize” monetary policy, but members declined to predict when they might be ready to raise the federal funds rate from the current zero to 0.25% target range, said a statement at the end of a two-day ...

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  11. 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.

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  12. 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.

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  13. 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 ...

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