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Viewing stories published on November, 10, 2017. Click here to view latest.

Allianz sees money management units' AUM rise 0.5% for quarter, 6.5% for year

Money Management

Money Management

Allianz SE's third-party assets under management for its money management units hit €1.4 trillion ($1.7 trillion) as of Sept. 30.

SEARCHES AND HIRES

SEARCHES AND HIRES

Japan's Government Pension Investment Fund is searching for a transition manager for the pension fund's overseas bond allocations.

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

Steve Charlton was named defined contribution managing director for Europe, Middle East and Africa and Asia for SEI's institutional business.
Higher education institutions turning more to 401(k) plans, auto features — report

Defined Contribution

Defined Contribution

Higher education institutions are embracing 401(k) plans to the point where they are more popular than 403(b) plans.
London Stock Exchange to hold meeting for votes to keep CEO on board, remove chairman

Governance

Governance

The London Stock Exchange Group will hold a general meeting of shareholders to consider resolutions related to its chairman and CEO.
NBIM urges improvements in foreign-exchange markets

Trading

Trading

Norges Bank Investment Management has called for improvements to three areas of the foreign-exchange market.
New York State Common returns 3.67% for quarter; assets push past $200 billion

PENSION FUNDS

PENSION FUNDS

New York State Common Retirement Fund posted a net 3.67% return for the three months ended Sept. 30, pushing assets past $200 billion.
China makes historic move to open market for financial firms

MARKETS

MARKETS

China said it will remove foreign ownership limits on banks while allowing overseas firms to take majority stakes in local securities ventures and fund managers.
Canada Pension Plan posts 0.7% return in third quarter

PENSION FUNDS

PENSION FUNDS

Canada Pension Plan returned a net 0.7% on it investments in the third quarter, bringing its overall assets to C$328.2 billion.
SEC forms advisory committee to look at fixed-income trading

Regulation

Regulation

The SEC announced Thursday that it was creating an industry advisory committee for fixed-income trading.
Value Partners snares private fund management license for China

MONEY MANAGEMENT

MONEY MANAGEMENT

Value Partners Group clears final hurdle to offering onshore investment products to institutional and high-net-worth investors on the mainland.