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Co-portfolio manager of growth equities to leave Boston Co. Asset Management
B. Randall Watts Jr. will leave The Boston Co. Asset Management at the end of this year.
CFA Institute conference in Singapore weighs retirement challenges
The CFA Institute's annual conference, held in Singapore for the first time this year, highlighted the near-term challenges and opportunities retirement plans are facing in a volatile, low-yield market environment as demographic pressures build.
EU's draft money manager pay rules will backfire, lawmaker says
European Union proposals to limit fund manager bonuses are “crude” and would drive up fixed salaries if implemented, said Syed Kamall, a London-based member of the European Parliament.
Bentall Kennedy adds SVP for CalPERS' core U.S. industrial property portfolio
Steve Lekki was named senior vice president, portfolio management, at Bentall Kennedy.
Eaton Vance's rising star: Parametric
While investors flee Eaton Vance's traditional strategies, Parametric's quant strategies are gaining inflows.
MEMBERS Capital Advisors gets alts investment director from Illinois Teachers
Zachary A. Doehla joined MEMBERS Capital Advisors, the investment management unit of CUNA Mutual Group, as director of alternative investments.
Eaton Vance's assets climb 5% in quarter
Eaton Vance Corp. on Wednesday reported assets under management for its money management affiliates of $260.3 billion as of March 31, up 5% from the prior quarter and up 32% from the year before.
Legg Mason Capital Management value portfolio manager departs
Mary Chris Gay, who was a portfolio manager on the Legg Mason Capital Management Value Fund, has left the firm.
Harbor Capital Advisors picks Baillie Gifford as subadviser
Harbor Capital Advisors hired Baillie Gifford Overseas as subadviser to its Harbor International Growth Fund.
T. Rowe Price names new international fixed-income leader
Arif Husain will join T. Rowe Price as head of international fixed income effective Aug. 30.
Morgan Creek buys Signet Capital's alternative funds-of-funds business
Morgan Creek Capital Management will acquire fixed-income manager Signet Capital Management's $700 million alternative funds-of-funds business.
Returns fail to boost hedge fund inflows — eVestment
Despite solid investment returns, net inflows into hedge funds year-to-date April 30 have been flat at 0.2%.
Johnson Associates: Incentive compensation for money managers expected to rise 10% to 15%
Incentive compensation in the money management industry is expected to increase 10% to 15% in 2013, sparked by gains in assets under management and positive net flows.
San Francisco City & County adds board interview to hiring process
Money managers that are finalists to manage investments for the $17.19 billion San Francisco City & County Employees' Retirement System will have to jump through one additional hoop before they can close the deal: an interview with the seven-member board.
Providence Equity taps global head of business development
Renee Beaumont joined Providence Equity Partners as managing director and global head of business development.