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QIC, AGL forge strategic tie-up to build greenfield renewable energy projects

QIC, a leading Brisbane-based investment manager, and AGL Energy Ltd., an integrated, Sydney-based energy company, announced a strategic partnership Wednesday to develop large-scale renewable energy...

July 27, 2016 | 05:29 am
PIMCO long/short manager to retire

PIMCO long/short manager to retire

Geoffrey Johnson, the manager of PIMCO's only remaining internally managed active equity strategy, the $849 million EqS Long/Short Fund, is retiring Aug. 1.

July 26, 2016 | 06:00 pm

Faith-based health systems ask Supreme Court to take cases over pension plans

Two faith-based health systems want the U.S. Supreme Court to weigh in on whether their pension plans should be exempt from certain federal protections for workers — an issue that has spurred...

July 26, 2016 | 04:58 pm
Janus Capital's AUM up 1.8% in quarter on muted flows

Janus Capital's AUM up 1.8% in quarter on muted flows

Janus Capital Group's assets under management totaled $194.7 billion as of June 30, up 1.8% from three months earlier and 1.1% for the year.

July 26, 2016 | 03:59 pm

Ministry overseeing Japan’s GPIF considers allowing limited partner investments

The pension bureau of Japan’s Ministry of Health, Labor and Welfare on Monday met to consider a proposal to allow the country’s Government Pension Investment Fund to engage in alternative ...

July 26, 2016 | 10:38 am

UBS recruits AllianceBernstein exec to head Asia-Pacific fixed income

Hayden Briscoe was named head of fixed income, Asia-Pacific at UBS Asset Management.

July 26, 2016 | 04:53 pm
Securities class-action lawsuits soar in first half of 2016 — report

Securities class-action lawsuits soar in first half of 2016 — report

Federal securities fraud class-action lawsuits filed in the first half of this year totaled 119, the highest semiannual filings since the 126 in the first half of 1999, said a report released Tuesday ...

July 26, 2016 | 03:48 pm

North Dakota OKs shift in allocation

North Dakota State Investment Board approved target asset allocation changes for the North Dakota Public Employees Retirement System's main defined benefit plan and highway patrolmen's plan, with an...

July 26, 2016 | 03:37 pm
BNP Paribas Investment Partners adds deputy head of emerging markets fixed income

BNP Paribas Investment Partners adds deputy head of emerging markets fixed income

Jean-Charles Sambor was named deputy head of emerging markets fixed income at BNP Paribas Investment Partners.

July 26, 2016 | 03:33 pm
KKR reports 14% gain in AUM for the year

KKR reports 14% gain in AUM for the year

KKR & Co's assets under management totaled $131 billion as of June 30, up 3.6% from the end of the first quarter and up 14% year-over-year, said the alternative investment firm's second-quarter...

July 26, 2016 | 11:53 am

Foundations, endowments with more private investments consistently outperform — report

Top-performing endowments are widening the gap between their returns and the overall median return thanks primarily to greater allocations to private investments, said a new report from Cambridge...

July 26, 2016 | 03:16 pm
Stanford University launches invitation-only consultant search for DC, DB plans

Stanford University launches invitation-only consultant search for DC, DB plans

Stanford University launched an invitation-only search for an investment consultant for its $5.8 billion 403(b) plan, $268 million defined benefit plan and $214 million retiree health plan.

July 26, 2016 | 02:49 pm
Artisan Partners AUM down 13% in past 12 months

Artisan Partners AUM down 13% in past 12 months

Artisan Partners Asset Management reported assets under management of $95 billion as of June 30, down 2.1% from the three months earlier and down 13% year-over-year as market volatility and investors ...

July 26, 2016 | 02:11 pm
T. Rowe Price assets up 1.6% in quarter despite net outflows

T. Rowe Price assets up 1.6% in quarter despite net outflows

T. Rowe Price Group reported $776.6 billion in assets under management as of June 30, up 1.6% from three months earlier but flat from a year earlier.

July 26, 2016 | 12:22 pm

Man Group assets decline 3% but manager reports net inflows in first half of 2016

Man Group’s assets under management totaled $76.4 billion as of June 30, down 2.8% from the previous quarter and down 3% from the year before.

July 26, 2016 | 11:17 am