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Milwaukee employees pension fund picks 6 finalists for absolute return
trueCity of Milwaukee Employes’ Retirement System named as finalists Allianz Global Investors, BlackRock, GMO, Morgan Stanley Investment Management, Newton Capital Management and Standard Life Investments to manage $50 million to $100 million in an absolute-return/diversified strategy.
Morgan Stanley reports 4% rise in AUM for quarter
trueMorgan Stanley Investment Management reported $373 billion in assets under management as of Dec. 31, up 4% from Sept. 30 and a 10% increase from a year earlier, according to parent company Morgan Stanley's earnings release on Friday.
MSIM assets up 3.75% to $360 billion in 3rd quarter
trueMorgan Stanley Investment Management reported $360 billion in assets under management in the third quarter, up 3.75% from the previous quarter and an 8.76% increase from the year before.
Morgan Stanley promotes two to global distribution leadership positions
truePaul Price was named head of the long-only global distribution team, and Fred McMullen was named head of the liquidity global distribution team at Morgan Stanley Investment Management.
Third Avenue Management adds business development leader
trueTom Levy joined Third Avenue Management as senior managing director, head of business development and counterparty relationship management.
June swoon dents Q2 manager AUM
trueJune changed everything.
MSIM assets rise 1.8% in quarter to $347 billion
trueMorgan Stanley Investment Management reported $347 billion in assets under management in the second quarter, up 1.8% over the previous quarter and an 11.6% increase from the year before, according to parent company Morgan Stanley's earnings release on Thursday.
MSIM assets edge up for quarter, rise 12.1% for year
trueMorgan Stanley Investment Management reported $341 billion in assets under management, a 0.8% increase over the previous quarter and up 12.1% from the year before.
AUM at Morgan Stanley up 2.1% in quarter, 18% in 2012
trueMorgan Stanley Investment Management had $338 billion in assets under management in the fourth quarter, up 2.1% from the prior quarter and 18% above the year before.
ABP sues Morgan Stanley over firm's residential mortgage-backed securities
trueStichting Pensioenfonds ABP filed a fraud suit against Morgan Stanley, claiming the firm made “false and misleading” statements about its residential mortgage-backed securities.
Some offices still unusable after superstorm Sandy slams East
trueTwo weeks after Hurricane Sandy ravaged swaths of New York, New Jersey and Connecticut, a number of money management firms still are waiting for their offices to be reopened.
Morgan Stanley AUM up 6.4%; revenue jumps
trueMorgan Stanley Investment Management had $331 billion in assets under management as of Sept. 30, up 6.4% from the previous quarter and up 23.5% from the year before, while net revenue for MSIM totaled $631 million for the quarter, up 38.4% from the previous quarter and 208% above the previous year.
Morgan Stanley looks to build on international unit's turnaround
trueMorgan Stanley Investment Management's international business chief has his sights set on doubling the assets under management of the unit in five years, building on a turnaround from the loss of assets and key staff.
Company stock fading from 401(k) plans, but still used by participants
trueDespite the continuing decline of company stock in 401(k) plans, Morgan Stanley still offers it and employees seem to like it, because they don't get out of the stock entirely even when share values tank.
U.K. Pension Protection Fund picks 10 bond managers for preapproved list
truePension Protection Fund, London, named 10 fixed-income managers to a preapproved panel to run a variety of strategies, confirmed Richard Hunt, spokesman for the £12 billion ($18.8 billion) fund.