T. Rowe pushing against passive headwinds

T. Rowe pushing against passive headwinds

T. Rowe Price Group Inc. has suffered heavy outflows and client terminations during the past two years from asset owners reducing their U.S. equity exposure and/or seeking passive strategies.

February 23, 2015

Man Group to expand equities business with NewSmith acquisition

Man Group will acquire NewSmith's investment management unit, adding $1.2 billion of assets to the alternative money manager's business, and adding to its existing equities business under Man GLG.

February 20, 2015 | 01:57 pm
PIMCO chief economist to leave 9 months after rejoining firm

PIMCO chief economist to leave 9 months after rejoining firm

Paul McCulley is leaving PIMCO as chief economist in another key staff change, nine months after he joined at the urging of former Chief Investment Officer William H. Gross, the...

February 20, 2015 | 04:25 pm

Florida SBA takes 2 Pyramis strategies off watch

Florida State Board of Administration, Tallahassee, removed from watch two Pyramis Global Advisors portfolios, totaling $1.5 billion, said Dennis D. MacKee, FSBA director of communications.

February 20, 2015 | 04:11 pm
China Life hirings seen as launch of global manager opportunities

China Life hirings seen as launch of global manager opportunities

A group of global investment managers has garnered the first flurry of mandates from China's largest life insurer since regulators opened the door for offshore investments three years ago.

February 18, 2015 | 11:30 am

University of California student group calls for divestment of U.S., 8 other countries' securities

University of California Student Association board on Sunday called for the school's board of regents to divest its endowment and other funds of securities of the United States government, according...

February 09, 2015 | 03:57 pm

Australia superannuation fund taps Ardevora for global equities

Commonwealth Bank of Australia Group Superannuation Fund hired Ardevora Asset Management to run A$200 million ($156.2 million) in global equities.

February 09, 2015 | 12:26 pm

AP7 puts $28 billion global equity portfolio up for grabs

AP7 is searching for managers to run 230 billion Swedish kronor ($27.9 billion) in passive global equities.

February 04, 2015 | 03:15 pm

Harvest Global CEO: Chinese managers must use “window of opportunity” to set stage for long-term growth

Peng Wah Choy, the vice chairman and CEO of Hong Kong-based Harvest Global Investments Ltd., has high hopes that his parent company, Beijing-based Harvest Fund Management Co. Ltd., will emerge from...

January 26, 2015
Nikko's Shibata: Goal of becoming global asset manager in sight

Nikko's Shibata: Goal of becoming global asset manager in sight

A number of industry observers see Tokyo-based Nikko Asset Management as the region's leading example of a firm making big strides in moving beyond its home market in recent years.

January 26, 2015

AMP Capital taps strategic partners for targeted growth in Asia

In a region where big financial conglomerates control distribution and — directly or through affiliates — the vast bulk of managed assets, Sydney-based AMP Capital has made strategic...

January 26, 2015

Value Partners looking to link up with AMG to gain entry to U.S.

Value Partners Group Ltd., an independent, Hong Kong-listed money management firm that established an extensive footprint in Greater China in recent years, is looking to plant its flag next in the U.S.

January 26, 2015
Ruble, ruble, oil and trouble

Ruble, ruble, oil and trouble

It's natural to wonder if, like the three witches in Macbeth, the year's events are harbingers for additional strife and trouble. However, if one were to heed the negative headlines and "pack it in"...

January 22, 2015 | 01:59 pm

Taiwan's BLF seeks global equity, credit managers to run $4.35 billion

Taiwan's Bureau of Labor Funds is searching for global equity index and global credit managers to run a total of approximately $4.35 billion.

January 13, 2015 | 04:21 pm

Morgan Stanley Investment Management hires global fixed-income managing director

Greg Finck was named managing director, portfolio manager and head of the securitized team for global fixed income at Morgan Stanley Investment Management.

January 12, 2015 | 03:29 pm