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AXA Investment Managers bolsters emerging markets fixed-income team
trueOlga Fedotova and Sailesh Lad were appointed to AXA Investment Managers’ newly merged global emerging markets fixed-income team.
Equities in favor with global investors, survey finds
trueGlobal investors favor equities, although they are taking a very pragmatic approach to taking on more risk, according to a survey from CREATE-Research sponsored by Principal Global Investors.
SSgA appoints global COO as president
trueGreg Ehret was named president of State Street Global Advisors, said company spokesman Brendan Paul.
SEC files Wells notice against State Street
trueThe Securities and Exchange Commission is recommending that action be taken against State Street Corp., said an 8-K filing from State Street on Thursday.
Firms alter bond portfolios as liquidity concerns mount
trueLack of liquidity in the global bond markets has pushed money managers to alter the composition of portfolios, as concerns mount over an impending crunch in the fixed-income market.
Clients view money managers apart from tainted parents
trueBanks' admitted wrongdoing seems to have little to no effect on clients of their asset management businesses.
Volatility fears push nervous investors toward puts
trueInvestors increasingly are hedging downside risk through put options as a way to stay in attractive equity markets while dealing with their fears of increased volatility and market shocks.
SSgA appoints alternatives CIO
trueMichael Ho, a senior managing director at State Street Global Advisors, was named chief investment officer of alternatives at SSgA.
Dallas Employees chooses first global low-volatility equity managers
trueDallas Employees’ Retirement Fund hired Acadian Asset Management and BlackRock as global low-volatility equity managers.
Kansas City Public School plan calls on Brandywine for global bonds
trueKansas City (Mo.) Public School Retirement System hired Brandywine Global Investment Management to run a $30 million global fixed-income portfolio.
Northern Trust adds to endowments and foundations team
trueBei Saville was named senior vice president and senior client investment officer for endowments and foundations within Northern Trust Asset Management’s multimanager solutions group.
Iowa Municipal Fire & Police boosts Schroder GTAA portfolio
trueIowa Municipal Fire & Police Retirement System, West Des Moines, raised Schroder Investment Management’s global tactical asset allocation portfolio by $100 million, taking funding from two other GTAA managers, said Terry Slattery, executive director.
New Hampshire Retirement System sticks with Walter Scott
trueNew Hampshire Retirement System, Concord, renewed the contract of active global equity manager Walter Scott & Partners
Northern Trust creates alternatives subsidiary
true50 South Capital Advisors on Monday was spun out of Northern Trust Corp. into a separate investment boutique to manage private equity and hedge funds of funds.
Dallas Employees puts Aberdeen on watch, conducting shortlist consultant search
trueDallas Employees' Retirement Fund put Aberdeen Asset Management on watch for performance, said recently released board meeting minutes.