Money management
Calculate added value for clients considering shifting assets to index funds
We are a long-only equity manager investing in U.S. small-cap stocks. While our performance has been above the benchmark over the long term, one of our clients believes they should move their assets...
February 08, 2012 | 01:01 pm
Coherence Capital Partners spins out from Jefferson National Financial
Coherence Capital Partners has been formed from a spinout of the asset management unit of insurer Jefferson National Financial.
February 08, 2012 | 11:23 am
Goldman to acquire Dwight Asset Management
Goldman Sachs Asset Management said Tuesday it will acquire Dwight Asset Management, a stable value money manager, from Old Mutual Asset Management, according to a GSAM news release.
February 07, 2012 | 12:52 pm
BlackRock's general counsel retiring
Robert Connolly, senior managing director and general counsel at BlackRock, is retiring from the firm.
February 07, 2012 | 03:55 pm
UBS mulls shifting stock trading unit to money management division
UBS is considering moving its proprietary stock trading business to UBS Global Asset Management, its money management division.
February 07, 2012 | 02:00 pm
Hedge funds underestimating EU's will to force Greek losses
Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policymakers to impose losses on them, according to investors who say trying to beat the...
February 07, 2012 | 10:42 am
Guggenheim looking at Deutsche money management unit
Guggenheim Partners is among the companies preparing to bid for Deutsche Bank AG’s money management divisions ahead of a deadline this week, said a person with knowledge of the matter.
February 06, 2012 | 04:59 pm
J.P. Morgan Asset Management picks managing director for strategy group
Roberts L. Grava joined J.P. Morgan Asset Management as a managing director with the firm's strategy group, focused on investment policy issues facing sovereign wealth funds, central banks and other...
February 06, 2012 | 04:01 pm
CQS starts and immediately ‘soft closes' new fund
CQS (UK) launched its latest fund, CQS ABS Alpha Fund, with $140 million of assets and immediately “soft closed” the fund to new investors.
February 06, 2012 | 03:54 pm
Mercer picks principal for alternatives manager research boutique
Toby Buscombe was named principal in Mercer's alternatives manager research boutique in London.
February 06, 2012 | 01:47 pm
Finisterre Capital to open long/short equity fund to outside investors
Finisterre Capital, a specialist emerging markets equity and debt hedge fund manager, announced Monday that it will open its first dedicated long/short equity fund to outside investors in the second...
February 06, 2012 | 01:43 pm
Money managers see assets bounce back, but investors still leery of risk
A double-digit rebound for major equity markets in the fourth quarter buoyed money managers' assets under management, but those good tidings were tempered by continued moves by risk-averse...
February 06, 2012
Manulife Asset Management taps new portfolio manager from subadviser
Randy LeClair was named managing director and portfolio manager at Manulife Asset Management.
February 03, 2012 | 03:12 pm
Eager Davis: Manager hiring volume flat; alts and real estate gain
U.S. institutional investment manager hires were down a mere 0.5% in 2011, but total dollars placed increased by 13%, with alternatives and real estate seeing the largest jumps, according to a report ...
February 03, 2012 | 04:01 pm
Lyxor Asset Management picks CEO
Ines de Dinechin was named CEO of Lyxor Asset Management.