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New Bedford Contributory seeks emerging markets equity manager
trueNew Bedford (Mass.) Contributory Retirement System is searching for an emerging markets equity manager to run about $20 million.
Fidelity triples its China QFII quota, becoming first money manager to top $1 billion
trueFidelity Investments Management (Hong Kong) got an additional $800 million in quotas for investment in China's capital markets Thursday, lifting its total quota under that country's qualified foreign institutional investor program to $1.2 billion.
Old Mutual Global Investors brings on emerging markets debt head
trueJohn Peta joined Old Mutual Global Investors as head of emerging markets debt, a spokeswoman said.
CFA Society of the U.K. members see developed markets equities as overvalued
trueDeveloped markets equities are overvalued, say a net 52% of U.K. respondents to a survey by the CFA Society.
San Jose Police & Fire collars Dimensional for emerging markets equity
trueSan Jose (Calif.) Police & Fire Department Retirement Plan hired Dimensional Fund Advisors to manage $50 million in active emerging markets value equities, said Ron Kumar, investment officer.
Managers lower U.S. equity, emerging markets holdings — survey
trueMoney managers are reducing U.S. equity holdings amid expectations of a U.S. rate hike, said Bank of America Merrill Lynch's monthly fund manager survey.
CalPERS looking at stricter governance policy for emerging markets
trueA new global governance policy expected to be approved by the investment committee of the $296.6 billion California Public Employees’ Retirement System will subject CalPERS investments in emerging markets to tougher standards.
Washington State Investment Board taps 2 for emerging markets equity
trueWashington State Investment Board hired Brandes Investment Partners to manage up to $300 million and AQR Capital Management to run up to $500 million in emerging markets equity.
Investors sticking with emerging markets debt
trueInstitutional investors are still turning to emerging markets debt for higher yields, despite downgrades on Russian sovereign and corporate bonds that forced some indexes to remove certain bonds.
Asset managers' optimism on India gets boost from budget, rate cut
trueMoney managers' bullishness on India got a boost from the strong focus on developing infrastructure and other factors announced in the government's proposed budget, and a second rate cut last week have reaffirmed their overweight positions on the country.
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.
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.
New Mexico PERA scouting for emerging markets equity manager
trueNew Mexico Public Employees Retirement Association launched an RFI for an emerging markets equity manager to run $210 million.
Why now is the time for Asian private equity
trueInvestor interest in Asia, particularly in Asian private equity, appears to have waned in recent years, with many developed markets globally trading at or around all-time market highs while various Asia-Pacific markets continue to languish.