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MassMutual announces series of retirement services division changes
trueThe retirement services and worksite insurance division of Massachusetts Mutual Life Insurance Co. has made a series of promotions and changes among senior managers.
Deutsche Asset & Wealth taps BlackRock vet to head exchange-traded product strategy
trueDodd Kittsley was named managing director and head of exchange-traded product strategy in the Americas for Deutsche Asset & Wealth Management.
Pomona Capital closes 8th secondary private equity fund at $1.75 billion
truePomona Capital closed its eighth private equity fund that will invest on the secondary market, hitting its $1.75 billion hard cap.
Northern Trust AUM rises 3.5% in quarter, 13% for year
trueNorthern Trust Corp. reported assets under management of $915.4 billion as of March 31, up 3.5% from three months earlier and up 13% from a year ago.
FLAG Capital Management appoints co-head of Asian business
truestrong>Myron Zhu joined FLAG Capital Management as a partner and co-leader of FLAG Squadron Asia, the private markets investment firm's Asia-Pacific operations.
BofA: Money managers remain optimistic on global economic growth
trueFund managers' confidence in global economic growth remains high in April despite expectations of higher short-term interest rates, according to Bank of America Merrill Lynch's monthly fund manager survey.
BNY Mellon chooses North American distribution head
trueKimberly Mustin was named head of North American distribution at BNY Mellon Investment Management.
Neuberger Berman expands European high-yield team
trueAndrew Wilmont was appointed European high-yield portfolio manager at Neuberger Berman Group in London.
Aviva Investors names client solutions director
truestrong>Mark Versey joined Aviva Investors as director of client solutions.
Ossiam to help China index leader develop minimum variance index
trueOssiam, a Paris-based quantitative money manager, announced Tuesday it had signed an agreement to help China's largest index provider, China Securities Index Co., develop a minimum variance index based on that firm's CSI 300 benchmark.
BlackRock garners RQFII license from China's regulators
trueBlackRock announced it had gotten a renminbi qualified foreign institutional investor license from the China Securities Regulatory Commission.
Old Mutual Global Investors adds senior sales manager in Hong Kong
trueIris Tsui joined Old Mutual Global Investors in Hong Kong on April 1 as a senior sales manager.
Deloitte, Penbridge Advisors form pension risk transfer alliance
trueDeloitte and Penbridge Advisors announced on Tuesday a strategic alliance to provide pension risk transfer services for corporate defined benefit pension plans.
Real estate searches led Q1 2014 activity
trueSearch activity for the first quarter of 2014 increased more than 40% from the prior quarter and first quarter of 2013. The number of equity searches jumped to 37 from 15 in the prior quarter; the number of fixed-income searches also increased significantly. More than $3 billion of non-U.S. ...
Analytic Investors hires director in business development
trueRon Auer was named director in business development at quantitative equity manager Analytic Investors.