Money management

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  1. Federated Investors reports slight AUM gain in quarter

    trueFederated Investors reported $352.3 billion in assets under management as of Sept. 30, a 0.2% increase from the previous quarter but down 3.9% from the previous year.

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  1. AllianceBernstein reports 1.5% AUM drop in quarter despite institutional inflows

    trueAllianceBernstein reported $473 billion in assets under management as of Sept. 30, a 1.5% decrease from the previous quarter but a 6.2% increase from a year earlier.

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  2. T. Rowe Price's AUM dips 1% in last 3 months

    trueT. Rowe Price Group on Thursday reported $731.2 billion in assets under management as of Sept. 30, down 1% from three months earlier but up 13% from a year earlier.

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  3. KKR's assets drop 1.9% in quarter, up 6.5% for year

    trueKKR & Co.'s assets under management totaled $96.1 billion as of Sept. 30, a 1.9% drop from three months earlier but a 6.5% increase from a year earlier.

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  4. Amundi Smith Breeden going global after merger

    trueAmundi Smith Breeden LLC has been in growth mode in the year since its creation from the acquisition by Paris-based Amundi of U.S. fixed-income specialist Smith Breeden Associates.

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  5. Allstate Investments outlines real estate strategy at ULI conference

    trueAllstate Investments has altered its real estate investing strategies while also becoming net sellers of properties, bringing the size of its real estate portfolio down to $3.5 billion from $4 billion, said Edgar B. Alvarado, group head, real estate equity for the manager’s $85 billion insurance ...

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  6. Andrew Carter, father of active bond management, dies at 74

    trueAndrew M. Carter — the father of active bond management who also created the first bond index fund and was considered “one of the finest math guys” in fixed income — built a clientele of some of the biggest corporate pension funds and worked at leading fixed-income investment advisory companies as ...

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  7. Fifth Street backs off IPO plans

    trueFifth Street Asset Management announced on Wednesday it plans to withdraw an initial public offering that was intended to raise $200 million.

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  8. Towers Watson launches non-profit think tank to improve investment industry

    trueTowers Watson is launching a global, non-profit think tank comprising asset owners, investment managers and other services providers that will focus on improving the investment industry for end savers.

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  9. SEC rejects applications for non-transparent ETFs

    trueThe Securities and Exchange Commission has declined an appeal by active fund managers to allow ETFs to trade without disclosing their underlying holdings.

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  10. SSgA appoints chief portfolio strategist

    trueLori Heinel was named chief portfolio strategist at State Street Global Advisors.

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  11. BNP Paribas hires equities director for institutional business

    trueGuy Davies joined BNP Paribas Investment Partners as director-equities in its institutional business unit.

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  12. Northern Trust AUM dips for quarter, rises 9.1% for year

    trueNorthern Trust Corp. reported total assets under management of $923.3 billion as of Sept. 30, a 0.1% decrease from three months earlier but up 9.1% from a year earlier, said its third-quarter earnings release Wednesday.

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  13. Compass iTech files suit against eVestment for 'campaign' against the firm

    trueCompass iTech filed a lawsuit against eVestment for allegedly leading a “disruptive and destructive campaign” against the company and its data entry tool, ProFusion, following failed acquisition talks, said J.P. Hervis, Compass spokesman, in an e-mail.

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