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APG taps former Belgacom CEO as senior adviser
truePhilip Neyt was appointed senior adviser, public affairs, for money manager and pensions provider APG’s strategy and policy team, a spokesman said.
Avida signs former BP Pension CEO
trueSally Bridgeland was appointed senior adviser for Avida International's U.K. team, said Bart Heenk, U.K. managing director.
Turner Investments head of distribution and client service resigns
trueCarolyn Patton resigned as executive managing director and principal, head of distribution and client service at Turner Investments.
Money manager M&A deals down, but value up in first half — report
trueMoney manager mergers and acquisitions totaled 66 in the first six months of 2014, down 12% from the first half of 2013, said a quarterly Sandler O'Neill + Partners report issued Tuesday.
IFM Investors names global head of capital markets
trueAlec Montgomery was named global head of capital markets at IFM Investors.
Zell slams Pershing Square CEO over Herbalife action
trueSam Zell ripped into William Ackman, CEO of Pershing Square Capital Management, for seeking to run down Herbalife Ltd. to bolster the hedge fund’s short position.
Hedge funds, banks come under fire for basket options
trueRenaissance Technologies, Barclays Bank PLC, and Deutsche Bank AG were criticized for misusing structured financial products to avoid taxes and banking leverage limits.
Napier Park returns hedge fund assets to Citigroup
trueSpecialist credit manager Napier Park Global Capital has returned assets invested in its hedge funds to its former parent company, Citigroup.
Niagara County seeking provider for 457 plans
trueNiagara County, Lockport, N.Y., is searching for a bundled provider for two 457 plans.
APG taps new CIO
trueEduard van Gelderen was appointed chief investment officer at APG Asset Management.
SSgA records 4.2% hike in AUM for quarter
trueState Street Global Advisors had $2.48 trillion in assets under management as of June 30, up 4.2% from three months earlier and 15.6% higher than a year ago, said parent company State Street Corp.'s earnings announcement Tuesday.
Artisan Partners assets rise 4.3% in second quarter
trueArtisan Partners Asset Management reported $112 billion in assets under management as of June 30, according to its second-quarter earnings release Monday.
New York State Common Retirement Fund drops Cap Guardian for emerging markets equity
trueNew York State Common Retirement Fund, Albany, terminated Capital Guardian as manager of a $430 million emerging markets equity portfolio, said information on the website of state Comptroller Thomas DiNapoli, sole trustee of the $176.2 billion pension fund.
Lazard adds exec for new small-cap growth strategies
trueFrank Sustersic was named a director and portfolio manager at Lazard Asset Management, said a Lazard news release.
World Asset Management taps institutional sales chief
trueRobert L. Hudon was named vice president and director of institutional sales of World Asset Management, said Kathleen Pitton, spokeswoman for the firm’s parent, Comerica Bank.