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TPG to acquire Cirque du Soleil; Quebec's Caisse taking minority stake

TPG to acquire Cirque du Soleil; Quebec's Caisse taking minority stake

TPG is acquiring a majority stake in Cirque du Soleil from its founder, Guy Laliberte, with Caisse de Depot et Placement du Quebec, Montreal, among those taking a minority stake in the entertainment...

April 20, 2015 | 03:12 pm

Norway’s sovereign wealth fund, Prologis acquire $5.9 billion U.S. real estate portfolio

Norges Bank Investment Management, the in-house manager of Norwegian sovereign wealth fund Government Pension Fund Global, Oslo, will acquire a 45% stake in a U.S. industrial real estate portfolio.

April 20, 2015 | 03:05 pm
NZ Super posts 5.9% gain in first quarter, up 18.85% over past 12 months

NZ Super posts 5.9% gain in first quarter, up 18.85% over past 12 months

The New Zealand Superannuation Fund posted a 5.91% return for the quarter ended March 31, lifting the value of the Auckland-based fund's investment portfolio to NZ$28.97 billion ($22.3 billion).

April 20, 2015 | 03:38 am
BlackRock's Fink top earner, proxies show

BlackRock's Fink top earner, proxies show

BlackRock Inc. Chairman and CEO Laurence D. Fink earned $23.9 million last year, the highest-paid executive among publicly traded money management firms that have so far disclosed 2014 compensation...

April 20, 2015

New leaders chart expansion for RBC GAM

The duo soon to be at the helm of global money manager Royal Bank of Canada Global Asset Management Inc. will draw further on past acquisitions as they look to increase the firm’s footprint...

April 20, 2015
Institutional use of ETFs due to grow next year

Institutional use of ETFs due to grow next year

Some 34% of officials at defined benefit plans, foundations and endowments say they use ETFs or ETNs, and of those, one-quarter plan to increase their usage, a new Pensions & Investments...

April 20, 2015
Many find fault with paper critical of consultants

Many find fault with paper critical of consultants

Investment consultants and asset owners disagree with an award-winning paper that questions the value consultants offer their clients.

April 20, 2015
DOL's proposed fiduciary rule on advice gets a thumbs-up

DOL's proposed fiduciary rule on advice gets a thumbs-up

Defined contribution industry executives are optimistic that after nearly four years of work and intense debate, the Department of Labor's proposal for updating a 40-year fiduciary standard for...

April 20, 2015
DC plans playing catch-up on education for roll-ins

DC plans playing catch-up on education for roll-ins

Defined contribution plans are allowing employees to roll in disparate retirement account balances from previous employers and individual retirement accounts, trying to help reduce the burden of...

April 20, 2015
Money managers are easing U.K. allocations

Money managers are easing U.K. allocations

Executives at global money managers and pension funds are adjusting their exposure to U.K. assets and to sterling, as election fever and the uncertainty it brings begin to take hold.

April 20, 2015
Chinese mutual funds buy up Hong Kong stocks

Chinese mutual funds buy up Hong Kong stocks

Chinese mutual funds in April became the marginal buyer of Hong Kong stocks owned by institutional investors around the world, a mix that could leave Hong Kong's market on a more volatile path.

April 20, 2015
Transition managers answer call for sophistication

Transition managers answer call for sophistication

Transition managers are adding new capabilities to transfer assets in complex derivatives, futures and options, along with traditional transfers of securities.

April 20, 2015
Corporate pension funding ratios fall in 1st quarter, reports say

Corporate pension funding ratios fall in 1st quarter, reports say

Funding ratios of U.S. corporate defined benefit plans fell further in the first quarter of 2015, three new reports state, as liabilities rose faster than assets.

April 20, 2015

J.P. Morgan Asset Management adds client portfolio manager

Gilles Drukier was appointed client portfolio manager for European fixed-income insurance solutions at J.P. Morgan Asset Management, a spokeswoman said.

April 19, 2015 | 07:00 pm

UPS absolute-return portfolio manager to join Penso Advisors

Leo R. Svoboda will join tail-risk specialist hedge fund manager Penso Advisors in mid-May as a macro analyst, said Max Hilton, a Penso spokesman, in an e-mail.

April 17, 2015 | 03:54 pm