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BlackRock hires head of EMEA hedge fund strategies
trueLuke Dixon joined BlackRock as head of Europe, Middle East and Africa hedge fund investment strategies.
Allianz reports 144.8 billion euros in net outflows at PIMCO in fourth quarter
trueAssets under management at Allianz's money management arm decreased 3.8% to €1.8 trillion ($2 trillion) in the quarter ended Dec. 31, but were up 1.8% for the year, despite continued outflows following former PIMCO Chief Investment Officer William H. Gross' September departure.
BlackRock adds managing director to European real estate business
trueThomas Muller joined BlackRock as managing director and portfolio manager within its European real estate business.
Money manager group calls for European high-yield market guide revamp
trueA group of 21 global managers believe Europe’s high-yield market needs a revamp, referring to the U.S. for comparison and inspiration.
Sweden's AP4 returns 15.7% in 2014; assets jump 13.5%
trueAP4, Stockholm, reported its assets rose 13.5% to a record 295 billion Swedish kronor ($35.1 billion) for the year ended Dec. 31.
AP1 posts 14.6% return in 2014
trueAP1, Stockholm, reported its assets grew 12.3% to 284 billion Swedish kronor ($33.9 billion) in the year ended Dec. 31, bolstered by a total return of 14.6%.
Man Group to expand equities business with NewSmith acquisition
trueMan Group will acquire NewSmith's investment management unit, adding $1.2 billion of assets to the alternative money manager's business, and adding to its existing equities business under Man GLG.
NZ Super CEO: Bank of Portugal's moves could undermine SWFs role in providing liquidity
trueA decision by Portugal's central bank, which effectively penalizes institutional investors that lent $784 million to a Portuguese bank a month before its collapse in August, could undermine the growing role of sovereign wealth funds in providing liquidity to the global financial system, said Adrian ...
Natixis Global to acquire DNCA Finance
trueNatixis Global Asset Management has entered into exclusive negotiations with TA Associates, Banca Leonardo and the managers of DNCA Finance to acquire their equity interests in Paris-based investment management firm DNCA.
AP2 returns 13.3% in 2014
trueAP2 saw its assets grow to 293.9 billion Swedish kronor ($35 billion) in the year ended Dec. 31, on the strength of a total return of 13.3%, a news release said.
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.
PGGM considering sale of hedge fund platform
trueDutch fiduciary manager PGGM is considering the sale of its internal managed account platform following a decision by its main client to drop its hedge fund investments, said Ruulke Bagijn, chief investment officer of private markets at PGGM.
La Francaise takes stake in Fred Alger Management U.K. subsidiary
trueParis-based money manager La Francaise took a 49.9% interest in Alger Management Ltd., the London-based subsidiary of Fred Alger Management.
Europe ripe for active strategies
trueWhile European ETF funds have seen peak outflows amid economic concerns, the dislocation and ongoing macro unease can be viewed as reintroducing value to the Continent.
Government subsidies are a deal-breaker for clean energy investors
trueOne factor holding back widespread investment in clean technology is the need for government subsidies.