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SSgA records 4.2% hike in AUM for quarter
trueState Street Global Advisors had $2.48 trillion in assets under management as of June 30, up 4.2% from three months earlier and 15.6% higher than a year ago, said parent company State Street Corp.'s earnings announcement Tuesday.
Hedge fund manager Winton Capital making headway with long-only strategy
trueNorth American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company.
GPIF details active equity tally in year of big changes
trueJapan's ¥126.6 trillion ($1.25 trillion) Government Pension Investment Fund, Tokyo, in an annual report released July 4, provided a snapshot of leading asset gatherers in a year of extensive changes to the pension giant's external manager lineup.
Navigating the fixed-income market: The calm before the storm
trueThere are no safe harbors at present in fixed-income investing.
UBS hires head of liquidity for EMEA
trueJames Finch joined UBS Global Asset Management as head of global liquidity management in Europe, the Middle East and Africa, a spokesman said.
Northern Trust in assets up 1% for quarter, rise 15% for year
trueNorthern Trust Corp reported total assets under management of $924.4 billion for the quarter ending June 30, a 1% increase from the previous quarter but up 15% from a year earlier.
Global AUM reaches record high of $68.7 trillion — Boston Consulting Group
trueGlobal assets under management grew to a record $68.7 trillion as of Dec. 31, up 13% from a year earlier, said a report from Boston Consulting Group.
Northern Trust chooses new president of institutional
trueMichael G. O'Grady was named president of corporate and institutional services at Northern Trust Corp. on Tuesday.
BofA: Managers optimistic on global equities
trueFund managers’ outlook on equity markets improved in July, said Bank of America Merrill Lynch’s monthly fund manager survey.
Eurozone still in recession
trueDuring the second half of the 1990s, the looming introduction of the euro led to a sharp drop in borrowing costs among the peripheral economies of the eurozone. That boosted their economies and the region’s overall economy. The Italian unemployment rate fell to 5.8% in 2007 from its 1998 peak of ...
UBS taps former BlackRock GTAA managing director
truePhilip Brides was named senior portfolio manager for asset allocation and currency in the U.S. at UBS Global Asset Management.
Principal Global adds institutional sales director for Korea
trueHee Jai “Brian” Shin joined Principal Global Investors in Hong Kong as a director and head of institutional sales for the Korean market.
State Street reaches $60 million settlement over shareholder lawsuit
trueState Street Corp. has reached a $60 million settlement on a class-action lawsuit led by the $24 billion Mississippi Public Employees' Retirement System, Jackson, and Union Asset Management Holding AG, regarding its foreign-exchange trading services.
Kansas City Police funds nearing global fixed-income hire
trueKansas City (Mo.) Police Employees' Retirement System will likely hire its first global fixed-income manager next month
Developed equities outside the U.S. see biggest ETP flows through June
trueGlobal exchange-traded product flows through June 30 totaled $123.9 billion, up 24.6% from $99.4 billion through the first six months of 2013, according to BlackRock's monthly ETP Landscape report.