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Northern Trust, Bank of Taiwan to team up on global custody offering in Taiwan
trueNorthern Trust and Taipei-based Bank of Taiwan will collaborate in offering institutional investors in Taiwan asset servicing and global custody services.
Atlanta General Employees taps emerging markets equity, global bond managers
trueAtlanta General Employees’ Pension Fund hired EARNEST Partners to manage a $37 million active emerging markets equity portfolio and Colchester Global Investments to manage a $74 million global fixed-income portfolio.
Money manager assets increase thanks to rising markets
trueMoney manager assets rose modestly in 2014, due more to market gains than net inflows.
ETFs enhance the options for liquidity management
trueAmong the myriad uses that institutional investors have found for exchange-traded funds, few intersect with the investor's ongoing operating model more than as an overlay for liquidity management.
Greece becomes roadblock for European investment
trueMounting tensions over the situation in Greece and the potential for a default or exit from the eurozone are in part holding back institutions from investing in an otherwise positive story for Europe.
PIMCO's global equity CIO to depart as firm liquidates two equity strategies
trueVirginie Maisonneuve, PIMCO's chief investment officer for global equities, is resigning as the firm closes two equity strategies, the money management firm disclosed in a statement on Thursday.
Mercer: U.S. fixed-income searches on the rise; equities continue decline
trueU.S. fixed income was the most popular asset allocation search by investors across the globe in 2014, while demand for equities managers continued to dwindle, said a new report from Mercer.
Good returns offer foundations breathing room
truePrivate foundations are enjoying several years of good returns for their investment portfolios, allowing them to focus more on the things that other institutions do, such as diversifying their investments and looking at outsourcing.
Northern Trust reports 2.8% AUM gain in quarter
trueNorthern Trust Corp. reported $960.1 billion in total assets under management as of March 31, up 2.8% from three months earlier and 4.9% from a year earlier, said its first-quarter earnings release Tuesday.
Is the dollar peaking?
trueOn balance, there still looks to be more stagnation around the world than either a boom or a bust. So how can we explain the remarkable rebound in oil prices in recent weeks? The nearby futures price of a barrel of Brent crude has risen to $63.45 on Friday from its recent low of $45.59 on Jan. 13.
State Street teams up with 2 universities for research center focused on financial risk
trueState Street Global Exchange announced Wednesday it is collaborating with the University of California Berkeley and Stanford University’s Center for Financial and Risk Analytics in to establish a new research center focused on economic and financial risk.
GMO: Currency hedging may increase tail risk
trueHedging currency exposure increases tail risk in equity portfolios by increasing the notional exposure, “and therefore the magnitude of possible return or loss,” according to a GMO white paper released Monday.
Preqin: Sovereign wealth fund assets rise 17% in 18 months to $6.3 trillion
trueAggregate assets managed by a universe of 73 sovereign wealth funds increased 17% to $6.3 trillion as of March 31, up from $5.4 trillion at the start of October 2013, the last time researcher Preqin reviewed this part of the asset owner industry.
Norway megafund appoints panel to study infrastructure, real estate investments
trueNorway’s Ministry of Finance appointed an expert group to investigate whether the 6.4 trillion Norwegian kroner ($809 billion) Government Pension Fund Global, Oslo, should be permitted to invest in unlisted infrastructure and increase the 5% cap on real estate investments.
St. Louis Firefighters to sign Garcia Hamilton for global bonds
trueSt. Louis Firefighters Retirement Plan hired Garcia Hamilton & Associates to run a $10 million active global fixed-income portfolio, pending contract negotiations, said Janice Fairless, human resources specialist for the pension fund.