Global equity hires led Q3 2013 activity

More than $52 billion was at stake in hires for the third quarter, up more than 29% from the previous quarter and an increase of 38% from the third quarter of 2012. The two main drivers of the increase were the South Carolina Retirement Systems' $6.4 billion passive global equity mandate, which was split evenly between BlackRock Inc. and State Street Global Advisors, and Delta Air Lines Inc.'s $8.2 billion outsourced CIO hire of Wurts & Associates for Delta's defined benefit plan.

Click here for a searches and hires overview report.

Recommended for You
Where have all the active core managers gone?
Where have all the active core managers gone?
Delta, I come in praise of your contributions
Delta, I come in praise of your contributions
Large corporate defined benefit plans in Canada are fully funded
Large corporate defined benefit plans in Canada are fully funded

Reader Poll

June 6, 2022
SEE MORE POLLS >