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Wilmington Trust appoints CIO
trueAnthony Roth was named chief investment officer of Wilmington Trust.
Legg Mason's AUM inches up in quarter, rises 8% for year
trueLegg Mason reported $707.8 billion in assets under management as of Sept. 30, up 0.5% from the end of the previous quarter and up 8% from a year earlier.
BlackRock names new DC chief; Castille to be chief retirement strategist
trueAnne Ackerley was named head of BlackRock’s U.S. and Canada defined contribution business, replacing Chip Castille who has been appointed to the new position of chief retirement strategist.
Fifth Street chooses business development managing director
trueRenee Noto was named managing director, business development, at Fifth Street Asset Management.
Afore Banamex picks Pioneer Investments for international equities
trueAfore Banamex, Mexico City, hired Pioneer Investments to run about $400 million in active international equities.
Kames Capital adds institutional client director
trueFiona Hope was appointed institutional client director at Kames Capital.
Two Sigma gathers $3.3 billion for model-driven macro fund
trueTwo Sigma raised $3.3 billion for a macro hedge fund in one the largest new pools of such capital raised since the 2008 financial crisis.
Oaktree Capital posts 2.3% AUM gain in quarter
trueOaktree Capital Group’s assets under management rose to $93.2 billion for the quarter ended Sept. 30, up 2.3% from the second quarter of 2014 and up 16.8% from Sept. 30, 2013, said Oaktree’s quarterly report released Thursday.
Invesco's AUM down 1.6% in quarter, up 5.9% for year
truevesco on Thursday reported assets under management of $789.6 billion as of Sept. 30, down 1.6% from the end of the previous quarter but up 5.9% from a year earlier.
Apollo Global assets up 45.4% for year; income drops significantly
trueApollo Global Management reported assets under management of $163.9 billion as of Sept. 30, up 45.4% from a year earlier. The increase was attributed to the growth in Apollo's credit and private equity business.
Fortress Investment sees 14% rise in AUM for year ended Sept. 30
trueFortress Investment Group's assets under management rose to $66 billion as of Sept. 30, up 3.4% from three months earlier and up 14% from a year earlier.
Carlyle AUM dips in quarter, but up 10% for 12 months
trueThe Carlyle Group's assets under management totaled $202.6 billion as of Sept. 30, down 0.5% from three months earlier but up 10% from a year earlier, said the alternative investment firm's third-quarter earnings report released Wednesday.
PIMCO brings back portfolio manager, consultant
truePacific Investment Management Co. rehired a former executive and a former consultant.
Sanditon Asset Management hires former Schroders portfolio manager
trueJulie Dean will join Sanditon Asset Management as a fund manager.
Prudential replaces PIMCO as subadviser on 2 strategies
truePrudential Financial's advanced series trust division terminated Pacific Investment Management Co. as subadviser of two portfolios and hired BlackRock and Loomis Sayles & Co. as replacement managers for one portfolio.