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U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA
trueUnited Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global Advisors.
KBW report: Global and institutional managers to benefit most in 2015
truePositive domestic equity market returns in 2014 should lead to traditional money managers seeing modest revenue momentum heading into 2015, said an outlook report on publicly traded money managers released by Keefe, Bruyette & Woods.
More safeguards coming for money managers in 2015, SEC chairwoman says
trueThe SEC will spend 2015 taking a closer look at risks in the money management industry, Chairwoman Mary Jo White said Thursday at an investor conference in New York.
Moody's: Large managers will benefit in 2015 from market conditions
trueThe largest money managers will benefit from benign market conditions in 2015, said an outlook report released Wednesday by Moody’s Investor Service.
Strategic Value Partners closes third special situations fund at $1.56 billion
trueStrategic Value Partners closed its third special situations fund, Strategic Value Special Situations Fund III, with $1.56 billion in raised capital, surpassing its $1 billion target.
CIBC said to mull offer for LSE's Russell Investments
trueCanadian Imperial Bank of Commerce is weighing a bid for Russell Investments,which London Stock Exchange Group is preparing to sell early next year.
OppenheimerFunds recruits consultant relations executive
trueLen Oremland was named senior vice president, consultant relations, at OppenheimerFunds, said company spokeswoman Kaitlyn Downing.
William Blair boosts European consultant relations team
truePeter Gibson was hired at William Blair & Co. to lead consultant relations in Europe, said spokesman Matt Rogers.
RBC Global Asset Management appoints co-CEOs
trueDamon Williams and Alex Khein were named co-CEOs at RBC Global Asset Management, said company spokesman Matthew Gierasimczuk.
AllianzGI promotes director to head new alternative investments global business
trueSpencer Rhodes was promoted to alternative investments global business manager at Allianz Global Investors.
Gross' Janus fund attracts estimated $769 million in November
trueWilliam H. Gross' main bond fund at Janus Capital Group received an estimated $769 million in new money last month, bringing assets above $1 billion.
ETF conference: Passive strategies, alternatives to dominate future asset growth
trueThe asset management industry is coming back from the depths of the recession, but the largest asset growth area for money managers for the rest of the decade will be passive strategies and alternatives, John C. Siciliano, managing director at PricewaterhouseCoopers, told the audience attending the ...
San Mateo staff recommends Voya as new third-party administrator
trueSan Mateo, Calif., staff is recommending hiring Voya Financial as the sole third-party administrator for its $50 million 457 plan and $3 million 3121 Social Security replacement plan.
Commonfund names J.P. Morgan Asset Management executive as next CEO
trueCatherine M. Keating was named CEO of Commonfund, effective Feb. 1.
Harrison Street Real Estate Capital LLC
trueHarrison Street Real Estate Capital LLC's employees say they thrive in the firm's fun, energetic culture in which people genuinely care about each other.