Heitman Capital Management began notifying clients it was canceling its roll-up of its commingled funds May 14, one day before United Asset Management held its board meeting. Pensions & Investments incorrectly reported when Heitman's clients were notified in the May 26 issue.
Frank Russell Co.'s new lifestyle funds were identified incorrectly in the May 12 At Deadline column. They are the LifePoints Funds.
The following firms were omitted from various tables in the May 12 money manager directory or had incorrect data in their profiles due to editing errors:
Analytic/TSA Global Asset Management was omitted from the list of managers using overlay programs. Analytic/TSA had $782 million under management in various overlay strategies, with none of the underlying assets managed internally.
Pacific Mutual Life Insurance Co. was omitted from the chart of the 25 largest GIC providers. Pacific Mutual, with $4.206 billion in total GICs, would have ranked eighth. The new top 25 total should be $105.396 billion.
Boston Partners Asset Management L.P. as of Dec. 31, had $4.116 billion in equity portfolios and $572 million in fixed income.
Oechsle International Advisers has no parent company.
The parent company of Montgomery Asset Management should have been listed as Montgomery Securities.