Table of Contents
Issue Date: Monday, March 17, 2014
In less than two months, PIMCO has experienced a dramatic fall from grace that removed the firm from the recommended list of some investment consultants and put it on the watchlist of some asset owners.
Legg Mason Inc.'s acquisition of QS Investors LLC spells the end of Batterymarch Financial Management Inc., the 45-year-old Boston-based quantitative equity manager that many saw as a pioneer in its field.
A concerted effort in Washington to get more employers to offer retirement plans has raised the profile of multiple employer plans, a largely untapped market for institutional money managers and other service providers.
The American Federation of Teachers added three firms to its list of money managers and others that the union claims are assisting or supporting the elimination of defined benefit plans despite accepting billions of dollars of business from them.
Institutional investor demand for dynamic currency hedging strategies is growing, and U.S. investors — perennial wallflowers at the global hedging ball — might finally be ready to join the party, money managers say.
Just as institutional investors are viewing emerging markets as a mainstream, must-have part of an investment portfolio, the chairman and CEO of the world's largest money manager thinks the term will soon cease to be relevant.
Private equity fund administrators are seeing more business from midsize institutional firms.
Institutional investors are not huge fans of bitcoin, but some have exposure to the digital currency without necessarily knowing it.
Russell Investments' parent, Northwestern Mutual Life Insurance Co., has rejected more than 100 potential bidders for Russell, the Seattle based money manager and consultant, sources say.
Some institutional investors have learned a lesson from the shocks to which a broad emerging markets allocation can expose them.
A menagerie of animal imagery, a string of sports themes and a warehouse full of brand-name products played significant roles among winning entries in the 20th annual Eddy Awards.
The federal government's appetite for more revenue to feed an expanding federal budget threatens to jeopardize retirement income security.