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Aviva adds fund manager for emerging markets, Asia-Pacific equities
trueXiaoyu Liu joined Aviva Investors as a fund manager, emerging markets and Asia-Pacific equities.
Money management incentive compensation expected to rise — report
trueWith market appreciation and positive inflows boosting assets under management for traditional money managers and hedge funds thus far in 2014, industrywide incentive compensation is expected to rise, said a new report by Greenwich Associates and Johnson Associates.
J.P. Morgan expands EMEA endowments and foundations team
trueKris Jonsson and Sandeep Bhamra were appointed client advisers in J.P. Morgan Asset Management's newly created endowments and foundations team for Europe, the Middle East and Africa.
BlackRock's new Asia-Pacific chief focusing on growth
trueBlackRock Inc.'s Asia-Pacific operations are poised to make a more significant contribution to the money management giant's overall business in coming years, the firm's new regional head says.
Artisan Partners' AUM drops 5.2% in quarter
trueArtisan Partners Asset Management reported $106.2 billion in assets under management as of Sept. 30. The total, a 5.2% decrease in assets from three months earlier, was due to $645 million in net client cash outflows and market depreciation of $5.1 billion.
Franklin Resources AUM down 2.4% in quarter as profit rises 11%
trueFranklin Resources on Monday reported $898 billion in assets under management as of Sept. 30, down 2.4% from three months earlier but up 6.3% from a year earlier.
'Amazing' problems hit in one week
trueGlobal equity market volatility in mid-October might have left the worst burn marks since 2008 on many hedge funds, but the stress has created performance dispersion that will help investors better distinguish producers of true alpha.
Money managers create firm to cater to Catholic investors
trueSome big names in institutional investing have joined forces to provide Catholic-affiliated pension funds, endowments and other non-profit organizations with money management that follows the tenets of their faith.
Asset owners to push for better alignment, value
trueAsset owners, which have long been relatively passive players in a financial system dominated by banks and money managers, are poised to play a more active role in shaping that system, predicts David Neal, managing director of the A$104.5 billion (US$91.5 billion) Future Fund.
DDR likes to partner with large managers
trueIt's not just funds-of-funds firms that are increasingly combining with REITs and other operating partners to invest in properties.
CEO shift raises Pyramis question
trueAbigail P. Johnson's promotion to CEO of Fidelity Investments - a foregone conclusion to many industry professionals - is prompting questions about what the change will mean for the company and its institutional subsidiary, Pyramis Global Advisors.
Battle for share of PIMCO spoils is getting hotter
trueThe money spigot is expected to keep flowing for PIMCO competitors who are working hard to snare the billions in fixed-income investments in play following September's departure of William H. Gross from the firm he co-founded.
ETP traders not responding to exchange overtures
trueAll too often, exchange-traded products are described as mutual funds that trade like stocks. A closer look reveals that not to be the case. To the surprise of many, ETP traders are comfortable in the dark.
Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs
trueActive fund managers will have to redraw battle plans in their years-long push to bring new products to exchanges after regulators delivered a public rebuke to two proposals for so-called “non-transparent” ETFs.
SSgA's assets down 2.4% in quarter, up 8% for year
trueState Street Global Advisors had $2.421 trillion in assets under management as of Sept. 30, down 2.4% from three months earlier but up 8% from a year ago, said parent company State Street Corp.'s earnings announcement Friday.