Table of Contents

Issue Date: Monday, March 17, 2014

News

Drama, poor  performance haunt PIMCO

Drama, poor performance haunt PIMCO

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.

Batterymarch's demise marks the end of an era

Batterymarch's demise marks the end of an era

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.

Multiple employer plans grabbing more attention

Multiple employer plans grabbing more attention

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.

Teachers union adds three firms to list of DB busters

Teachers union adds three firms to list of DB busters

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.

More funds eyeing active currency hedging

More funds eyeing active currency hedging

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.

Investors are shifting their approach to emerging markets

Investors are shifting their approach to emerging markets

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 firms embrace outsourcing

Private equity fund administrators are seeing more business from midsize institutional firms.

Surprise! You invested in bitcoin

Surprise! You invested in bitcoin

Institutional investors are not huge fans of bitcoin, but some have exposure to the digital currency without necessarily knowing it.

Parent playing hard to get with Russell suitors

Parent playing hard to get with Russell suitors

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 investors prefer a more individual approach

Some investors prefer a more individual approach

Some institutional investors have learned a lesson from the shocks to which a broad emerging markets allocation can expose them.

Special Report

Eddy Award winners 2014

Eddy Award winners 2014

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.

Online

Corrections

Frontlines

Editorial

Misguided search for revenue

Misguided search for revenue

The federal government's appetite for more revenue to feed an expanding federal budget threatens to jeopardize retirement income security.

People Moves