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Private equity fans prepare for leaner times
truePrivate equity investors and managers are attempting to position their portfolios for a period of lower returns in some sectors and of global economic uncertainty without quantitative easing, if the lively discussions at The Pension Bridge's The Private Equity Exclusive conference in Chicago on ...
IFM Investors expands North American debt team
trueJessica Egan Thompson joined infrastructure money manager IFM Investors as associate director of North American debt investments.
AMG assets up 29% for the year
trueAffiliated Managers Group reported total assets under management of about $606.8 billion as of June 30, up 9% from three months earlier and up 29.2% from a year earlier, the company said in its earning statement released Tuesday.
Fresno County 457 plan switches providers
trueFresno County (Calif.) Deferred Compensation Plan hired Nationwide Financial as bundled provider.
Boca Raton Airport Authority sticks with ICMA-RC
trueBoca Raton (Fla.) Airport Authority will continue to use ICMA-RC as bundled provider for its 401(a) and 457 plans.
AXA Investment Managers adds senior economist
trueDavid Page was appointed senior economist at AXA Investment Managers.
DeAWM names head of active asset management
trueJames Dilworth was appointed managing director and head of active asset management at Deutsche Asset & Wealth Management, said a spokesman.
Aberdeen Asset Management reports 0.6% asset drop in second quarter
trueAberdeen Asset Management reported £322.5 billion ($547.6 billion) in assets under management as of June 30, a 0.6% decrease from three months earlier and an increase of 53.9% compared with a year previous, said a financial statement Monday.
Federated Investors' AUM drops 4%
trueFederated Investors on Thursday reported assets under management of $351.6 billion as of June 30, down 4% from the previous quarter and down 3% from a year earlier.
Morgan Stanley settles RMBS case with SEC
trueMorgan Stanley will pay $275 million to settle charges brought by the Securities and Exchange Commission alleging inadequate investor disclosure in two residential mortgage-backed securities offerings in 2007.
KKR AUM down 4.3% in quarter, up 17.4% for year
trueKKR & Co.'s assets under management totaled $98 billion as of June 30, a 4.3% drop from three months earlier, but a 17.4% increase from a year earlier.
T. Rowe Price's AUM climbs 3.8% in quarter; up 20.3% for year
trueT. Rowe Price Group on Thursday reported $738.4 billion in assets under management as of June 30, up 3.8% from the end of the first quarter and up 20.3% from a year earlier.
OPTrust promotes 2 to private markets co-heads
trueGavin Ingram and Sandra Bosela were promoted to co-heads of private markets at OPTrust.
Boise issues call for 457 plan provider
trueBoise (Idaho) Governmental 457 Deferred Compensation Plan is searching for a bundled provider.
Russell picks East Coast as credit subadviser
trueRussell Investments Canada hired East Coast Fund Management as a subadviser to the Russell Global Unconstrained Bond Pool mutual fund.