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  1. Marc Faber heavy on gloom and doom at CFA seminar

    trueMarc Faber, publisher of the “Gloom, Doom and Boom” newsletter warned against lofty asset valuations, excessive debt and investor complacency as he discussed his views on the market at a CFA Institute financial analysts seminar in Chicago Thursday.

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  1. 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.

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  2. 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.

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  3. Navigating the fixed-income market: The calm before the storm

    trueThere are no safe harbors at present in fixed-income investing.

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  4. 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.

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  5. 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.

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  6. 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.

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  7. 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.

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  8. 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.

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  9. 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 ...

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  10. 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.

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  11. 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.

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  12. 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.

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  13. 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

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