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BlueBay Asset names macro alternatives strategy director
trueWike Groenenberg was named alternatives strategy director, macro, at BlueBay Asset Management.
SEC settles with BlackRock, others over trading infractions
trueBlackRock Institutional Trust and RA Capital Management were among 19 firms and an individual trader that settled with the SEC over charges they illegally participated in stock offerings less than five days after short selling the stock.
CIBC promotes asset management chief
trueSteve Geist, president and CEO of CIBC Asset Management, was named senior executive vice president and group head, wealth management, at parent Canadian Imperial Bank of Commerce.
GTIS Partners selects head of international capital markets
trueDietrich Heidtmann was named managing director and head of international capital markets at GTIS Partners.
Carlyle Group chooses president for debt investments unit
trueMichael Hart joined a Carlyle Group business development company, Carlyle GMS Finance, as president and managing director.
Marathon Asset Management taps co-head of emerging markets
trueDiego Gradowczyk was named senior managing director and co-head of emerging markets at alternative investment manager Marathon Asset Management.
Advent Capital picks head of European business development
trueRobert Gourlay was named managing director and head of European business development at fixed-income alternative investment specialist Advent Capital Management.
Amundi Smith Breeden appoints leader for global high yield
trueKenneth J. Monaghan was named managing director and head of global high yield at Amundi Smith Breeden.
Putnam hires head of global institutional management
trueJeffrey L. Gould was named head of global institutional management at Putnam Investments.
Schroders chooses chief for Europe product and manager solutions
trueHenriette Bergh joined Schroders as head of Europe product and manager solutions, ex-U.K., a spokeswoman said.
Thornburg's international equity assets drop
trueA portfolio manager realignment at Thornburg Investment Management to shore up performance in the firm's international value equity institutional strategy and mutual fund has fueled a substantial client exodus.
Move to passive likely to build still more steam
trueActive money managers could become victims of their own success at identifying mispriced securities.
Uncertainty reigning prior to Scottish vote
trueMoney managers, consultants and investors are for the first time being forced to take seriously the potential for a breakup of the United Kingdom.
Bahl & Gaynor executive played major role in institutional push
trueMatthew D. McCormick, vice president, principal and portfolio manager at Bahl & Gaynor Investment Counsel Inc., played a big part in projecting the firm to institutional investors nationwide.
Smart beta might not live up to its promises
trueSmart beta strategies can fail to live up to their promised outcomes in performance, diversification and stability, according to some in the investment management industry, challenging perceptions to an increasingly popular alternative to passive market-capitalization-weighted indexes.