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London Borough of Camden signs Harris for unconstrained global equity
trueLondon Borough of Camden Pension Fund hired Harris Associates to run an unconstrained global equity allocation.
Consultant Kirstein calls on Standard Life for $200 million global equity allocation
trueDanish consultant Kirstein hired Standard Life Investments to run a $200 million global equity allocation on behalf of one of its clients.
SSgA's assets down 2.4% in quarter, up 8% for year
trueState Street Global Advisors had $2.421 trillion in assets under management as of Sept. 30, down 2.4% from three months earlier but up 8% from a year ago, said parent company State Street Corp.'s earnings announcement Friday.
Amundi Smith Breeden going global after merger
trueAmundi Smith Breeden LLC has been in growth mode in the year since its creation from the acquisition by Paris-based Amundi of U.S. fixed-income specialist Smith Breeden Associates.
SSgA appoints chief portfolio strategist
trueLori Heinel was named chief portfolio strategist at State Street Global Advisors.
Northern Trust AUM dips for quarter, rises 9.1% for year
trueNorthern Trust Corp. reported total assets under management of $923.3 billion as of Sept. 30, a 0.1% decrease from three months earlier but up 9.1% from a year earlier, said its third-quarter earnings release Wednesday.
Global, diversified managers in best position moving forward — report
trueImprovements in technology and regulatory reform have made geographical constraints even less of an issue in terms of capital management, resulting in the asset management industry becoming more global, a recent report by Goldman Sachs said.
UBS Global names U.S. senior asset allocation strategist from Mesirow
trueNathan Shetty was named U.S. senior asset allocation strategist at UBS Global Asset Management, an internal memo to employees obtained by Pensions & Investments said.
GARP managers hold firm on EAFE portfolios despite losses
trueSome global growth-at-a-reasonable price money managers are coping with client losses stemming from underperforming Europe, Australasia and Far East strategies.
UBS hires global chief for development
trueKevin Lecocq was appointed global head of products at UBS Global Asset Management, a spokesman said.
BlackRock appoints head of multiasset strategies for Asia Pacific
trueEdward Bang joined BlackRock on Tuesday as head of multiasset strategies Asia Pacific. Also, Andrew Landman, Sydney-based head of institutional client businesses, has taken on the added role of head of the firm's alternatives investment strategy group for the Asia-Pacific region.
Old Mutual Global Investors adds fund manager
trueIan Ormiston joined Old Mutual Global Investors as a fund manager in the U.K. and European equities team, a spokeswoman said.
Investors lack understanding of factor exposures — report
trueMany institutional investors lack a clear understanding of the factor exposures across their equity portfolios, a new report says.
Nevada PERS looking to SSgA for passive international equities
trueNevada Public Employees' Retirement System, Carson City, will interview State Street Global Advisors in October, potentially to run about $1.5 billion in passive international equities.
Pensions Trust taps Ownership Capital for global equity
trueThe Pensions Trust, Leeds, England, hired Ownership Capital to run £130 million ($211 million) in active global equities.