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China Life hirings seen as launch of global manager opportunities
trueA group of global investment managers has garnered the first flurry of mandates from China's largest life insurer since regulators opened the door for offshore investments three years ago.
Federal Thrift plan seeks manager for $140.7 billion C Fund
trueFederal Retirement Thrift Investment Board is searching for a money manager for its C Fund, a stock index fund that tracks the S&P 500 index.
Florida Prepaid board seeks U.S. small-cap equity manager for 529 plans
trueFlorida Prepaid College Board issued an invitation to negotiate in a search for an active U.S. small-cap core equity manager to manage $132 million.
Alger adds small-cap equities portfolio manager
trueAmy Y. Zhang was named senior vice president and portfolio manager at Fred Alger Management.
Fairpointe Capital chooses portfolio manager
trueBrian M. Washkowiak joined Fairpointe Capital as portfolio manager, a new position.
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.
St. Louis Firefighters issues call for domestic smidcap equity managers
trueSt. Louis Firefighters’ Retirement Plan is searching for a domestic smidcap equity manager to run $3 million to $5 million.
Australia superannuation fund taps Ardevora for global equities
trueCommonwealth Bank of Australia Group Superannuation Fund hired Ardevora Asset Management to run A$200 million ($156.2 million) in global equities.
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.
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.
Japan's GPIF taps 4 managers for domestic, international equity allocations
trueGovernment Pension Investment Fund, Tokyo, hired three active domestic equity managers and one active international equity manager, said an announcement on the pension fund’s website.
AP7 puts $28 billion global equity portfolio up for grabs
trueAP7 is searching for managers to run 230 billion Swedish kronor ($27.9 billion) in passive global equities.
New York State Teachers increases investment with Donahue Schriber
trueNew York State Teachers’ Retirement System made an additional investment of $125 million to Donahue Schriber Realty Group.
Chicago Metropolitan Water pension fund wants U.S. large-cap, midcap equity managers
trueChicago Metropolitan Water Reclamation District Retirement Fund is searching for a passive domestic large-cap equity manager and passive domestic midcap manager to run about $95 million and $50 million, respectively.
Tallahassee replaces 2 domestic large-cap equity managers
trueTallahassee (Fla.) Pension Plan hired AJO and T. Rowe Price Group to manage about $100 million each in active domestic large-cap equities.