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Senate confirms Alexander Acosta as labor secretary

Senate confirms Alexander Acosta as labor secretary

Alexander Acosta was confirmed as secretary of labor by the Senate late Thursday.

April 27, 2017 | 05:55 pm
Artisan AUM rises 7% for quarter, year

Artisan AUM rises 7% for quarter, year

Artisan Partners Asset Management's assets under management totaled $103.8 billion as March 31, up 7.2% from the fourth quarter of 2016 and up 7% year-over-year.

April 27, 2017 | 05:40 pm
Federated Investors' AUM dips 1% in quarter, 2% for year

Federated Investors' AUM dips 1% in quarter, 2% for year

Federated Investors reported $361.7 billion in assets under management as of March 31, down 1% from Dec. 31 and down 2% from a year earlier.

April 27, 2017 | 05:18 pm
Deutsche Asset Management sees AUM rise 2.4% in quarter on €5 billion in net inflows

Deutsche Asset Management sees AUM rise 2.4% in quarter on €5 billion in net inflows

Deutsche Asset Management recorded a 2.4% increase in assets under management to €723 billion ($776 billion) as of March 31, and a 1.7% increase for the year.

April 27, 2017 | 11:10 am
PGIM Real Estate closes European debt fund

PGIM Real Estate closes European debt fund

PGIM Real Estate has closed Pramerica Real Estate Capital VI at 1 billion ($1.25 billion), surpassing its fundraising target of 750 million.

April 27, 2017 | 11:00 am
Invesco's assets up despite outflows

Invesco's assets up despite outflows

Invesco had $834.8 billion in assets under management as of March 31, up 2.7% from Dec. 31 and up 8.2% from a year ago.

April 27, 2017 | 11:38 am
KKR sees jumps in AUM, net income and management fees

KKR sees jumps in AUM, net income and management fees

KKR & Co. reports $137.6 billion in assets under management as of March 31, up 6% from Dec. 31 and up 9% from a year earlier.

April 27, 2017 | 04:16 pm
Oaktree announces flat AUM in quarter, up 3.5% for the year

Oaktree announces flat AUM in quarter, up 3.5% for the year

Oaktree Capital Group's assets under management totaled $100.3 billion as of March 31, relatively flat from Dec. 31 and up 3.5% from a year earlier.

April 27, 2017 | 04:04 pm
Alternative assets under administration soar 14% in 2016 — report

Alternative assets under administration soar 14% in 2016 — report

Alternative assets under administration in 2016 totaled $7.64 trillion, up 14.2% from the prior year, a survey from eVestment says.

April 27, 2017 | 11:27 am
Managers' optimism about U.S. economy dips from previous quarter — survey

Managers' optimism about U.S. economy dips from previous quarter — survey

Money managers remain generally positive about the U.S. economy, although their optimism has tempered from last quarter.

April 27, 2017 | 03:44 pm

CAPTRUST Financial Advisors chooses new CIO

Kevin D. Barry has been named chief investment officer of investment consulting firm CAPTRUST Financial Advisors.

April 27, 2017 | 03:22 pm
Oklahoma Public Employees tweaks equity allocations, lowers assumed rate of return

Oklahoma Public Employees tweaks equity allocations, lowers assumed rate of return

Oklahoma Public Employees Retirement System tweaks its target asset allocation and lowered its assumed rate of return.

April 27, 2017 | 03:16 pm
PSCA: Most employers view HSAs as part of retirement benefits

PSCA: Most employers view HSAs as part of retirement benefits

Three-quarters of employers consider health savings accounts to be part of employees' retirement benefits strategy, a survey shows.

April 27, 2017 | 02:40 pm
Invesco buys ETF provider Source from Warburg Pincus

Invesco buys ETF provider Source from Warburg Pincus

Invesco agrees to buy European exchange-traded funds provider Source from Warburg Pincus for an undisclosed sum.

April 27, 2017 | 11:16 am
ATP returns 7.8% in 'exceptional' quarter

ATP returns 7.8% in 'exceptional' quarter

ATP returned 7.8%, or 7.8 billion Danish kroner ($1.1 billion), on its investment portfolio in the three months ended March 31, in an “outstanding and exceptional quarter.”

April 27, 2017 | 01:49 pm