Global

Fidelity maintains volume; Vanguard is top banana
Fidelity Investments remains the second-largest target-date fund provider, despite experiencing a total of $20 billion in outflows between the start of 2012 and the end of February.

Searches and Hires

Searches and Hires

University of Dayton overhauled its investment options lineup after consolidating both it 403(b) plans to TIAA-CREF as its single record keeper.
Canadian firms continue manager acquisition spree

MONEY MANAGEMENT

MONEY MANAGEMENT

Canadian banks and money managers are looking for acquisitions outside the country to expand their investment strategies and client base.
HarbourVest Partners collects $1.7 billion for latest international fund

PRIVATE EQUITY

PRIVATE EQUITY

HarbourVest Partners closed its eighth global private equity fund, the $1.7 billion HarbourVest International Private Equity Partners VIII.
Megacaps pay up in 2017 as greener pastures lie ahead
Among the 10 largest U.S. companies, seven saw their 2017 income tax expense increase by at least 78%.
U.S. ESG funds struggle to keep pace with global peers
Environmental, social and governance-focused funds investing outside the U.S. have fared significantly better than their U.S. counterparts.
Macquarie to acquire global, Japanese equity manager ValueInvest

Money Management

Money Management

Macquarie Investment Management announced it agreed to acquire ValueInvest Asset Management, a global and Japanese value equity manager.

Money Management

Money Management

Invesco appointed three senior executives to its global solutions team.

Money Management

Money Management

Alan Isenberg was named head of product strategy and marketing at Neuberger Berman.
iShare’s Core EAFE ETF
Across BlackRock’s four largest exchange-traded funds, the manager’s MSCI EAFE tracking ETF has experienced two days so far in 2018 of outsized trading volume.

MONEY MANAGEMENT

MONEY MANAGEMENT

Gerald "Gerry" Cosgrove​ was named head of global consultant relations at BNY Mellon Asset Management North America.

Searches and Hires

Searches and Hires

LGPS Central is searching for global active equity managers to run about 2.5 billion ($3.5 billion) in assets.