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Robeco's assets under management climb 20% in 2014 to record high
trueRobeco Groep reported assets under management of €246 billion ($278.7 billion), a nearly 20% increase and an all-time high for the money manager, for the year ended Dec. 31.
Clearbrook appoints head of hedged index strategies
trueManit Rye was named managing director and head of hedged index strategies at Clearbrook Global Advisors.
Invesco's AUM flat from prior quarter, up 2% for year
trueInvesco on Thursday reported $792.4 billion in assets under management of as of Dec. 31, flat from the end of the previous quarter and up 2% from a year earlier.
Pension Insurance Corp. taps CIO as CEO successor
trueTracy Blackwell was appointed deputy CEO at Pension Insurance Corp.
T. Rowe Price's assets up 2% in quarter despite $5.1 billion in net outflows
trueT. Rowe Price Group on Wednesday reported $746.8 billion in assets under management as of Dec. 31, up 2% from three months earlier and up 8% from a year earlier.
Parametric expands consultant relations team
trueWilliam A. Busch Jr. was named associate director of consultant relations at Parametric Portfolio Associates, said James Barrett, managing director of institutional sales and client service, in an e-mail.
Sun Life to acquire Ryan Labs Asset Management
trueSun Life Financial, parent company of Sun Life Investment Management, agreed to acquire Ryan Labs Asset Management.
Alcentra hires head of Americas
trueJack Yang was named head of the Americas at Alcentra, a BNY Mellon investment boutique that specializes in subinvestment-grade corporate credit.
Eaton Vance adds non-U.S. high-yield bond portfolio manager
trueJeffrey D. Mueller was appointed vice president, portfolio manager and global high-yield analyst at Eaton Vance Management International.
AIMA: Hedge funds earn $1.5 trillion in past 10 years
trueInvestors in hedge funds have earned a combined $1.5 trillion after fees in the last 10 years, despite $306 billion of performance losses related to the 2008 financial crisis.
NCREIF Property index up 11.82% in 2014, surpassing prior year's returns
trueReal estate investments’ fourth-quarter return of 3.04% was the highest quarterly return in 2014, the National Council of Real Estate Investment Fiduciaries’ NCREIF Property index shows.
Franklin Templeton Investments bolsters institutional, DCIO sales staff
trueElizabeth Murphy was named senior vice president, institutional sales at Franklin Templeton Investments.
CFA Level 1 exam pass rate climbs to 44% for December test
trueA higher percentage of hopefuls for the chartered financial analyst designation passed the first level of their three-part exam in December.
Harrison Street closes fifth opportunistic real estate fund with $1 billion in commitments
trueHarrison Street Real Estate Capital raised about $1 billion in its fifth opportunistic real estate fund and co-investment vehicle.
RBC Global Asset Management adds institutional portfolio manager to London team
trueNicole Vettise joined RBC Global Asset Management as institutional portfolio manager in the firm’s London-based business development team.