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Nikko's Shibata: Goal of becoming global asset manager in sight
trueA number of industry observers see Tokyo-based Nikko Asset Management as the region's leading example of a firm making big strides in moving beyond its home market in recent years.
AMP Capital taps strategic partners for targeted growth in Asia
trueIn a region where big financial conglomerates control distribution and — directly or through affiliates — the vast bulk of managed assets, Sydney-based AMP Capital has made strategic partnerships with such financial powerhouses the building blocks of its growth strategy.
For Vanguard, these are the best of times
trueVanguard Group Inc. on Jan. 20 surpassed State Street Global Advisors as the second-largest exchange-traded fund provider, a new milestone following a year that was filled with them.
Harvest Global CEO: Chinese managers must use “window of opportunity” to set stage for long-term growth
truePeng Wah Choy, the vice chairman and CEO of Hong Kong-based Harvest Global Investments Ltd., has high hopes that his parent company, Beijing-based Harvest Fund Management Co. Ltd., will emerge from the rapid ongoing opening of China’s capital markets as one of the local Chinese managers best ...
Value Partners looking to link up with AMG to gain entry to U.S.
trueValue Partners Group Ltd., an independent, Hong Kong-listed money management firm that established an extensive footprint in Greater China in recent years, is looking to plant its flag next in the U.S.
SSgA's assets inch up 1.1% in quarter, climb 4.4% for year
trueState Street Global Advisors reported $2.448 trillion in assets under management as of Dec. 31, up 1.1% from three months earlier and up 4.4% from a year ago, said parent company State Street Corp.'s earnings announcement Friday.
Ruble, ruble, oil and trouble
trueIt's natural to wonder if, like the three witches in Macbeth, the year's events are harbingers for additional strife and trouble. However, if one were to heed the negative headlines and "pack it in" for 2015, one is likely to miss the opportunities that currently present themselves as fear ...
Vanguard overtakes SSgA as second-largest ETF manager
trueVanguard Group surpassed State Street Global Advisors as the No. 2 exchange-traded fund provider, in terms of assets under management and overall market share.
Northern Trust reports 1.2% AUM increase in fourth quarter
trueNorthern Trust Corp. reported $934.1 billion in total assets under management as of Dec. 31, a 1.2% jump from three months earlier and up 5.6% from a year earlier, the company announced in its fourth-quarter earnings release Wednesday.
Principal Global Investors creates position to oversee international business
trueKirk West has been named executive director-head of international offices with Principal Global Investors, a new position.
Taiwan's BLF seeks global equity, credit managers to run $4.35 billion
trueTaiwan's Bureau of Labor Funds is searching for global equity index and global credit managers to run a total of approximately $4.35 billion.
SSgA taps Telstra Super vet to bolster institutional sales team in Melbourne
trueChris Artis joined State Street Global Advisors in Melbourne as a vice president of sales and distribution on the firm’s institutional sales team.
Morgan Stanley Investment Management hires global fixed-income managing director
trueGreg Finck was named managing director, portfolio manager and head of the securitized team for global fixed income at Morgan Stanley Investment Management.
Citadel's head of global equities leaves firm
trueBrandon Haley, head of global equities at Ken Griffin's Citadel, left after nine years at the hedge fund firm.
PIMCO adds global equity portfolio manager
trueGiles Money joined PIMCO as a senior vice president and portfolio manager focused on global growth equity strategies.