Money management

  1. All
  2. Articles

Watch breaking news videos and read news updates about Money Management on pionline.com

  1. KKR pays nearly $29 million to settle charges with SEC over broken deal fees

    trueKKR has settled SEC charges that the alternatives investment firm had from 2006 to 2011 charged investors in its private equity funds for deals it pursued but did not consummate, the SEC order issued Monday shows.

    Articles

  2. Illinois State Board puts 2 Wellington strategies on watch for performance

    trueIllinois State Board of Investment placed Wellington Management on watch for underperformance for fixed-income and equity portfolios totaling $531 million in assets.

    Articles

  3. Schroders hires global head of research for multiasset business

    trueAshley Lester was appointed global head of research within Schroders' multiasset investments and portfolio solutions business.

    Articles

  4. PIMCO executives say they've adapted to life after Bill Gross

    trueFrom asset outflows and restructuring of the investment committee to the evolving role of regulators in attempting to protect investors, PIMCO's top-level executives shared the inside scoop on their money management firm Friday morning in Chicago at the Morningstar annual investment conference.

    Articles

  5. OneAmerica to acquire BMO's record-keeping business

    trueOneAmerica Financial Partners Inc. announced Friday it had agreed to acquire the U.S. defined contribution record-keeping business of BMO Financial Group.

    Articles

  6. Manulife Asset Management bolsters consultant relations team

    trueYana Turner was named managing director, consultant relations, and Casey Satterlee was named director on the global consultant relations team at Manulife Asset Management.

    Articles

  7. Neuberger Berman to acquire Merrill Lynch private equity funds of funds

    trueNeuberger Berman is buying the management rights to about $1 billion in private equity funds of funds managed by Merrill Lynch Alternative Investments

    Articles

  8. Lawmakers propose bill to end carried interest

    truePrivate equity and other private fund managers would pay regular tax rates under a legislative proposal introduced Thursday that would end carried interest.

    Articles

  9. Intermediate Capital Group appoints global head of consultant relations

    trueChris Austin was named global head of consultant relations at Intermediate Capital Group.

    Articles

  10. J.P. Morgan chief global strategist says focus should be on alpha generation

    trueJ.P. Morgan Asset Management's David Kelly reiterated the need for investors to remain invested in diversified portfolios, despite “marginally high” valuations in the equity markets.

    Articles

  11. Majority of managers not confident in accuracy of their investment performance stats — survey

    trueMore than half, or 53%, of money managers surveyed by SimCorp said they are not confident that investment performance figures they report are accurate.

    Articles

  12. Marble Falls, Texas, taps ICMA-RC as provider for new 457 plan

    trueMarble Falls, Texas, hired ICMA-RC as a bundled provider for the city’s new 457 plan.

    Articles

  13. Berenberg names new CIO to take over Jan. 1

    trueManfred Schlumberger was appointed chief investment officer at Berenberg.

    Articles

  14. Strategic Investment Group recruits global business development head

    trueNikki Kraus was named global head of business development at Strategic Investment Group.

    Articles