Watch breaking news videos and read news updates about Money Management on pionline.com
Newton Investment Management taps U.K. institutional business development manager
trueCatherine Booth was named U.K. institutional business development manager at Newton Investment Management.
U.K.'s Financial Conduct Authority to study money management fees
trueThe U.K.'s financial watchdog will launch a market study on money management next year, looking at the fees paid by investors and what drives those fees.
POLL: How would a SIFI designation impact your allocation to a money manager?
trueIf a money manager is designated a systemically important financial institutions, how would that impact your allocation to such a firm?
Nuveen Investments appoints subadvisory distribution managing director
trueTimothy J. Stegner was named managing director, subadvisory distribution at Nuveen Investments.
HSBC Global Asset Management names head of passive equity
trueJoseph Molloy joined HSBC Global Asset Management as head of passive equity.
Amundi taps head of European equities
trueLaurent Ducoin joined Amundi as head of European equities.
Consolidation of boutiques paying off for Allianz GI
trueMerging Allianz Global Investors' stable of boutique managers into a single unit that can more readily offer multiasset and other investment strategies has moved asset flows that were flat or negative into positive territory.
Strong dollar highlights desire for currency hedging
trueCurrency-hedged ETFs are as hot as the dollar.
Calvert focusing on DC plans in bid to boost institutional business
trueMore emphasis on corporate defined contribution plans is part of the growth strategy of Calvert Investments Inc. under new President and CEO John Streur.
SIFI designation could increase innovation, too
trueWhile the categorization of certain large, global money managers and some investment funds as systemically important financial institutions might increase costs, it also could increase innovation in the industry.
Broader SIFI designation has managers scrambling
trueA number of large, global money managers are at risk of increased costs and competitive disadvantage if current proposals by global regulators to categorize them as systemically important financial institutions come to fruition.
BNY Mellon settles various lawsuits over foreign-exchange practices
trueBank of New York Mellon Corp. reached a series of settlement agreements with the Department of Justice, New York Attorney General, Department of Labor, Securities and Exchange Commission and private customer class actions regarding the custodial bank's foreign-exchange practices.
Preqin: More interest in direct infrastructure investments
trueA growing number of institutional investors are looking to invest directly in infrastructure rather than committing to pooled funds, new survey data from Preqin show.
Perkins CEO/CIO resigns; positions filled internally
trueThomas Perkins, one of the founders of Perkins Investment Management, assumed the role of CEO Thursday following the “unexpected” resignation of Jeff Kautz, CEO and chief investment officer, said a letter to clients obtained by Pensions & Investments.
Campbell & Co. names global head of institutional sales
trueRichard Johnson was named managing director, global head of institutional sales at money manager Campbell & Co.