Money management
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Manulife recruits 2 emerging markets debt specialists from Federated
Roberto Sanchez-Dahl and Paolo H. Valle were named managing directors and senior portfolio managers of the $2.35 billion John Hancock Emerging Markets Debt strategy, at Manulife Asset Management.
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AXA Investment Managers names institutional development and relations directorLawrence Remstedt was named director of institutional development and relations at AXA Investment Managers.
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Equities: Energy strategies give some firms the edge in quarterEnergy strategies made up the largest portion of the top equity performers for the year ended March 31 as investment performance as a whole vastly improved, according to Morningstar Inc.'s separate account/collective investment trust database.
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Fixed income: High-yield bonds still dominate, but sector loses some groundHigh-yield bonds led the way in the top 10 overall fixed-income rankings for the year ended March 31, but not with the domination they displayed in prior quarters, according to Morningstar Inc.'s separate account/collective investment trust database.
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Legal & General expanding its market focusLegal & General Investment Management has been expanding through what might be dubbed as a grave-to-cradle approach to pension funds.
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Equity market jump helps bottom lines of money managersRising equity markets helped large publicly traded money managers such as Invesco Ltd., Affiliated Managers Group Inc. and Franklin Resources Inc. gain higher-fee inflows in the first quarter of 2013, but it's far from clear whether that could signal a groundswell toward stocks and away from ...
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5 managers get a thumbs-up for social media useVanguard Group Inc., BlackRock Inc.'s iShares ETF business, Putnam Investments, Franklin Templeton Investments and Sun Life Financial ranked highest in using social media for interacting with their institutional and retail clients, according to a kasina LLC report.
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Bullies and DB plansThe American Federation of Teachers has generated a lot of heat but not much light in naming investment managers purportedly opposed to defined benefit plans.
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Firms go extra mile to help marathon bombing victimsMoney managers in Boston stepped up to the plate to contribute to One Fund Boston, created by the city of Boston and the state of Massachusetts to assist families of the three people killed in the April 15 Boston Marathon bombings and the scores who were severely injured.
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SEC's Champ is very comfortable with changeNorm Champ moved around a lot before landing at his current job as the SEC's director of the investment management division, and that's good thing.
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EMEA is a driving force in BlackRock's growthBlackRock Inc. is revving its overseas growth engine, powered to a large extent by the company's institutional business in Europe, the Middle East and Africa.
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Changes at value shop Heartland Advisors
Robert Sharpe on May 1 was named co-portfolio manager of the Heartland International Value Fund, managed by Heartland Advisors. Bill Nasgovitz, Heartland chairman and chief investment officer, is the fund's other portfolio manager.
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BNP Paribas picks up securities lending team
A seven-person securities lending team from Wells Fargo led by Lance Wargo has joined BNP Paribas Securities Services.
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Carlyle Group AUM rises 3.6% for quarter, nearly 11% from year agoThe Carlyle Group LP reported assets under management of $176.3 billion as of March 31, up 3.6% from the prior quarter and up 10.7% from a year ago.
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BNY Mellon adds performance analytics chief
Bruce Feibel was named head of performance analytics at BNY Mellon Investment Management.
