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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.