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Iowa Municipal Fire & Police chooses 4 finalists in GTAA search
trueIowa Municipal Fire & Police Retirement System, West Des Moines, named Pacific Investment Management Co., Schroder Investment Management, William Blair & Co. and Wellington Management as finalists in a search for a manager to run $100 million in a global tactical asset allocation strategy.
Phoenix City Employees names finalists for global equity assignment
truePhoenix City Employees’ Retirement System named Artisan Partners and Harding Loevner as finalists in its invitation-only search for a manager to run about $125 million in active global growth equities.
Northern Trust hires for Malaysian office
trueAriani Rustam joined Northern Trust as chief representative of its new office in Malaysia.
Partnerships and acquisitions pay off south of the border for Principal
truePrincipal Financial Group Inc. claimed 18% of its operating profit from money management operations in Latin America in 2013, the result of a series of bold moves in a treacherous market where few other global managers have found success.
London Borough of Camden on hunt for unconstrained global equity
trueLondon Borough of Camden Pension Fund is looking for one or more managers to run a £100 million ($166.4 million) to £150 million unconstrained global equity allocation.
UBS Global adds pension risk management head
trueRobert Guzman was named managing director and head of pension risk management at UBS Global Asset Management.
Ireland's NPRF terminates SSgA from passive equities after transition management fine
trueNational Pensions Reserve Fund, Dublin, has terminated State Street Global Advisors Ireland from a passive equity allocation, a week after an affiliated part of the State Street group was fined for overcharging in its transitions management business.
UBS Global assets steady in 2013
trueUBS Global Asset Management reported 583 billion Swiss francs ($644.1 billion) in assets under management as of Dec. 31, up 1% from the end of the previous quarter and flat compared with a year earlier.
UBS Global Asset Management taps Lazard veteran to lead Tokyo office
trueKeiichi Miki joined UBS Global Asset Management in Tokyo as representative director and president of UBS Global Asset Management Japan.
SSgA's AUM up 4.6% for the quarter, 12.4% for the year
trueState Street Global Advisors reported $2.35 trillion in assets under management as of Dec. 31, up 4.6% from Sept. 30 and up 12.4% from a year earlier.
CalSTRS looking for director of global equity
trueCalifornia State Teachers' Retirement System, West Sacramento, is searching for a director of global equity.
Northern Trust AUM rises 4.5% in quarter, 16.6% in year
trueNorthern Trust Corp. reported assets under management of $884.5 billion as of Dec. 31, up 4.5% from three months earlier and up 16.6% from the previous year.
Arizona Public Safety makes investments, commitments totaling $280 million
trueArizona Public Safety Personnel Retirement System, Phoenix, announced new commitments and investments totaling up to $280 million, confirmed Jared Smout, deputy administrator.
RBC Global lifts global equity team from First State
trueRBC Global Asset Management is adding a London-based global equity team, led by Habib Subjally, senior portfolio manager and head of global equities.
SSgA partners with MFS to run 3 ETFs
trueState Street Global Advisors and MFS Investment Management teamed up to create three actively managed exchange-traded funds.