Table of Contents
Issue Date: Monday, October 13, 2014
The departure of William H. Gross from Pacific Investment Management Co. might end up cutting deeper into his personal reputation than into the $1.87 trillion in assets under management at the firm he was synonymous with for 40 years.
Janus Capital Group's hiring of bond guru William H. Gross is expected to bring the Denver firm its first overall net inflows in 4½ years and boost its $177.7 billion in assets under management by up to 25% over the next several years, analysts say.
Money managers, consultants and economists are growing increasingly positive on the case for European equities, citing relatively cheap valuations and further expected moves by the European Central Bank to boost the economy.
Years of low bond yields got real asset managers talking to asset owners looking for an alternative income source, but William H. Gross' departure from Pacific Management Investment Co. LLC has supercharged the conversations.
Creators of electronic trading venues for fixed-income securities are hoping that, by matching buyers and sellers, more choices in trading will result in more liquidity in the secondary market.
The smallest of the U.S. universities that have so far reported fiscal year returns for their endowments — University of Minnesota — notched up the biggest return at 20.4%.
Defined contribution plan executives are flexing their muscles in negotiations with record keepers, continuing to cut plan costs, a survey by investment consultant NEPC LLC, Boston, shows.
The rise in investor demand for multiasset-class solutions and outsourced CIOs is contributing to a spike in executives from investment consulting firms joining money managers.
The Supreme Court's new term includes cases challenging investors' burden of proof in securities litigation and whether 401(k) plan fiduciaries can be sued for investment choices made years earlier.
A federal limit on political contributions by money managers doing business with public pension funds is working so well that some political groups are continuing to challenge it in court.
Some global growth-at-a-reasonable price money managers are coping with client losses stemming from underperforming Europe, Australasia and Far East strategies.
The Securities and Exchange Commission is scheduled to make key decisions this month and next that could help expand the marketplace for active ETFs, paving the way for new offerings and expanding the number of money management firms offering products.
The rapid growth of the U.S. strategic beta exchange-traded product market is outlined in a recent report by Morningstar.
The deadline for the annual Eddy Awards, sponsored by Pensions & Investments, is only days away. The deadline for the annual Eddy Awards, sponsored by Pensions & Investments, is only days away.
Yi Du has joined Pensions & Investments as digital producer in the New York office.
Since 2009, assets in active ETFs have grown 62.4%. Now, the industry awaits SEC rulings that could help propel active ETFs even higher.
The departure of William H. Gross from Pacific Investment Management Co. LLC leaves money management companies and institutional fiduciary clients alike wondering whether they should encourage the star system or a team approach to managing money.
With ERISA entering its 41st year, commentators highlighting the landmark legislation's successes and failures have paid little attention to the newfound focus on fiduciary responsibility resulting from an increase in litigation from alleged fiduciary breaches, particularly in 401(k) defined contribution plans.
The investment community is developing a strong aversion to risk at the institutional levels - with serious consequences.
Frontier markets typically are underdeveloped, with strong prospects for growth and capital market expansion.