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Clearbrook appoints head of hedged index strategies

Manit Rye was named managing director and head of hedged index strategies at Clearbrook Global Advisors.

January 29, 2015 | 11:55 am
Invesco's AUM flat from prior quarter, up 2% for year

Invesco's AUM flat from prior quarter, up 2% for year

Invesco on Thursday reported $792.4 billion in assets under management of as of Dec. 31, flat from the end of the previous quarter and up 2% from a year earlier.

January 29, 2015 | 11:38 am

Pension Insurance Corp. taps CIO as CEO successor

Tracy Blackwell was appointed deputy CEO at Pension Insurance Corp.

January 29, 2015 | 10:17 am
AIMA: Hedge funds earn $1.5 trillion in past 10 years

AIMA: Hedge funds earn $1.5 trillion in past 10 years

Investors in hedge funds have earned a combined $1.5 trillion after fees in the last 10 years, despite $306 billion of performance losses related to the 2008 financial crisis.

January 28, 2015 | 11:10 am

BATS Global Markets buys foreign exchange ECN

BATS Global Markets agreed to acquire institutional spot foreign exchange network Hotspot FX from KCG Holdings for $365 million in cash.

January 28, 2015 | 03:48 pm
T. Rowe Price's assets up 2% in quarter despite $5.1 billion in net outflows

T. Rowe Price's assets up 2% in quarter despite $5.1 billion in net outflows

T. Rowe Price Group on Wednesday reported $746.8 billion in assets under management as of Dec. 31, up 2% from three months earlier and up 8% from a year earlier.

January 28, 2015 | 03:35 pm

General Dynamics, American Electric Power chart 2015 pension contributions

General Dynamics Corp. plans to contribute $185 million to its defined benefit plans in 2015, while American Electric Power Co. announced that it will contribute $87 million to its pension funds also ...

January 28, 2015 | 03:43 pm

University of Maine System divesting from coal companies

University of Maine System is divesting all direct holdings of coal companies in its various investment pools.

January 28, 2015 | 03:32 pm

Federal funds rate likely to stay low ‘for some time’

The Federal Open Market Committee repeated Wednesday that “it can be patient in beginning to normalize” monetary policy, but members declined to predict when they might be ready to raise...

January 28, 2015 | 03:29 pm

2 professors win Markowitz prize for paper on sovereign wealth risk management

Zvi Bodie and Marie Briere were named winners of the $10,000 Harry M. Markowitz Award prize.

January 28, 2015 | 03:24 pm
New Zealand Super posts 13.89% return in 2014 on equity gains, lower NZ dollar

New Zealand Super posts 13.89% return in 2014 on equity gains, lower NZ dollar

New Zealand Superannuation Fund returned 13.89% in 2014, exceeding its benchmark by 147 basis points and bringing the value of its portfolio to NZ$27.54 billion (US$20.53).

January 28, 2015 | 02:07 pm
'Minimal' Boeing pension contributions expected this year despite 64% liability increase

'Minimal' Boeing pension contributions expected this year despite 64% liability increase

Boeing Co.'s unfunded defined benefit plan liabilities jumped 64% to $17.1 billion as of Dec. 31, compared with $10.4 billion a year earlier, the Chicago-based company reported in a filing Wednesday...

January 28, 2015 | 03:11 pm
Parametric expands consultant relations team

Parametric expands consultant relations team

William A. Busch Jr. was named associate director of consultant relations at Parametric Portfolio Associates, said James Barrett, managing director of institutional sales and client...

January 28, 2015 | 01:12 pm

Sun Life to acquire Ryan Labs Asset Management

Sun Life Financial, parent company of Sun Life Investment Management, agreed to acquire Ryan Labs Asset Management.

January 28, 2015 | 01:07 pm

Eaton Vance adds non-U.S. high-yield bond portfolio manager

Jeffrey D. Mueller was appointed vice president, portfolio manager and global high-yield analyst at Eaton Vance Management International.

January 28, 2015 | 11:15 am