International

U.K. conference highlights a variety of certainties

U.K. conference highlights a variety of certainties

A number of certainties were clear at this year's Pensions and Lifetime Savings Association investment conference: that climate change is a very real risk; that growth is and will remain hard to come ...

March 18, 2016 | 11:23 am

Partners Group closes latest secondary fund at $2.8 billion

Partners Group closed its latest private equity secondary investment fund at €2.5 billion ($2.8 billion) after reaching its hard cap.

March 17, 2016 | 04:04 pm

Japan’s Pension Fund Association hires Hermes EOS to run stewardship program

Japan’s Pension Fund Association hired Hermes EOS, the stewardship division of Hermes Investment Management, to develop and implement the ¥12.7 trillion ($111.6 billion)...

March 17, 2016 | 01:40 pm
Global asset owner behemoths team up for A$12 billion bid for Asciano

Global asset owner behemoths team up for A$12 billion bid for Asciano

Canada Pension Plan Investment Board, Toronto, and British Columbia Investment Management Corp., Victoria, are part of a group that has offered to buy Asciano Ltd., valuing the Australian port and...

March 17, 2016 | 01:35 pm
Norwegian central bank cuts rates to record low

Norwegian central bank cuts rates to record low

The Norwegian central bank cut its main interest rate by 25 basis points to 0.5%, a record low.

March 17, 2016 | 01:17 pm

Principal Financial, China Construction Bank announce strategic agreement

Principal Financial Group and China Construction Bank, partners since 2005 in a Beijing asset management joint venture, Thursday announced a strategic cooperation agreement and memorandum of...

March 17, 2016 | 08:27 am

Fullerton Fund Management hires head of multiasset strategies

Pranay Gupta joined Singapore-based Fullerton Fund Management as head of multi-asset strategies.

March 17, 2016 | 08:35 am
OECD countries facing $78 trillion in pension liabilities — Citi report

OECD countries facing $78 trillion in pension liabilities — Citi report

High unfunded liabilities combined with demographic changes are putting pressure on public and private pension funds globally, said a new Citigroup report.

March 16, 2016 | 03:48 pm
U.K. chancellor introduces Lifetime ISA initiative to spur retirement savings

U.K. chancellor introduces Lifetime ISA initiative to spur retirement savings

The U.K. government will consult on whether a new initiative — a “Lifetime ISA” — should be akin to the U.S.’s 401(k) plans.

March 16, 2016 | 02:23 pm

BMO Global taps Australasia, ASEAN institutional sales chief

Jonathan Goll joined BMO Global Asset Management (Asia Pacific) in Sydney as director of institutional business for Australia, New Zealand and Southeast Asia.

March 16, 2016 | 11:25 am
Mobius: Trump impact on U.S. trade policy bears watching

Mobius: Trump impact on U.S. trade policy bears watching

Mark Mobius, Singapore-based executive chairman of Templeton Emerging Markets Group, on Wednesday dismissed Donald Trump's pledge to build a wall between the U.S. and Mexico as a “joke,”...

March 16, 2016 | 11:15 am
Canadian pension funds urge Trudeau to think big on infrastructure

Canadian pension funds urge Trudeau to think big on infrastructure

Canada’s largest pension funds have advice for Justin Trudeau’s government as it prepares to double its infrastructure investments over the next decade: follow the Australian model and...

March 16, 2016 | 10:19 am

AP7 picks 3 to manage passive global equity

AP7, Stockholm, hired BlackRock, State Street Global Advisors and Northern Trust Asset Management to run 230 billion Swedish kronor ($27.1 billion) in passive global ...

March 15, 2016 | 01:48 pm
Legal & General Investment Management AUM rises 7.6% in year on strong inflows

Legal & General Investment Management AUM rises 7.6% in year on strong inflows

Legal & General Investment Management reported assets under management of £746.1 billion ($1.11 trillion) as of Dec. 31, a 4.1% increase for the quarter and up 7.6% for the year.

March 15, 2016 | 01:18 pm

Natixis Asset Management gets new CEO

Matthieu Duncan was named CEO of Natixis Asset Management, effective April 4.

March 14, 2016 | 03:52 pm