J.P. Morgan Asset Management
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J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business
trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.
AutoNation adds 3 investment options, target-date funds
trueAutoNation Inc., Fort Lauderdale, Fla., is adding three investment options and a new target-date fund lineup, and removing four investment options and its company stock fund in its 401(k) plan following a review by the company’s benefits committee.
BlackRock, TCW, others gaining from PIMCO turmoil
trueBlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc. reported.
Justice Department targets J.P. Morgan Chase forex business in criminal probe
trueJ.P. Morgan Chase & Co.'s foreign exchange trading business is the target of a criminal probe by the U.S. Department of Justice, said a company filing with the SEC Monday.
J.P. Morgan expands EMEA endowments and foundations team
trueKris Jonsson and Sandeep Bhamra were appointed client advisers in J.P. Morgan Asset Management's newly created endowments and foundations team for Europe, the Middle East and Africa.
Ohio Bureau of Workers' Compensation gives $3 billion to 4 bond managers
trueOhio Bureau of Workers' Compensation hired J.P. Morgan Asset Management, Loomis Sayles & Co., Prudential Financial and TCW Group to run about $725 million each in active domestic core-plus fixed income for the $24 billion state insurance fund.
Laredo Firefighters replaces PIMCO with J.P. Morgan
trueLaredo (Texas) Firefighters’ Retirement System hired J.P. Morgan Asset Management to run about $12 million in core-plus fixed income, said Jaime Jasso, pension administrator.
JPMAM: Corporate pension funding falls in 3rd quarter
trueThe average funded status of pension plans of Russell 3000 companies fell slightly to 86.9% at the end of the third quarter,down 150 basis points from the end of 2013, due to “ebbing rates” and “moderate asset returns,” said a new Pension Pulse report from J.P. Morgan Asset Management.
J.P. Morgan Asset Management's AUM flat in quarter despite net inflows
trueJ.P. Morgan Asset Management's assets under management totaled $1.71 trillion as of Sept. 30, flat from June 30 and up 11% from a year earlier, according to parent company J.P. Morgan Chase's second-quarter earnings report issued Tuesday.
$45.4 billion in retirement assets affected by HP split announcement
trueHewlett-Packard Inc.'s plan to split into two companies will affect its $45.4 billion in combined worldwide defined benefit and defined contribution assets.
J.P. Morgan Asset Management names co-heads of global solutions business
trueJed Laskowitz and Michael O'Brien have been named co-heads of J.P. Morgan Asset Management's global investment management solutions business.
J.P. Morgan alternatives unit hires head of EMEA client strategy
trueKarim Leguel was named head of EMEA client strategy for J.P. Morgan Asset Management’s alternatives division.
J.P. Morgan Asset Management adds global market strategist
trueDavid Stubbs joined J.P. Morgan Asset Management as global market strategist.
Voya recruits J.P. Morgan exec to oversee insurance investment management sales
trueJohn D. Simone was named head of insurance investment management sales and solutions at Voya Investment Management.
CalSTRS kicks off infrastructure consortium at White House summit
trueCalifornia State Teachers' Retirement System, West Sacramento, is developing a multibillion-dollar global syndicate for infrastructure investing, Chief Investment Officer Christopher Ailman announced Tuesday at a Washington summit on infrastructure investment.