MONEY MANAGEMENT
Bryan Wallace was named head of international fixed-income insurance and pensions at J.P. Morgan Asset Management.
Maple-Brown Abbott, a Sydney-based manager of equities, listed infrastructure and multiasset strategies, appoints global distribution head.
was named European and U.K. CIO at HSBC Global Asset Management, effective immediately.
UTIMCO's assets under management are down 12% year-to-date, but the staff will seek investment bargains in the coming months.
Stephen C. Owen was named CEO of money manager The London Co., replacing founder Steve Goddard.
David Walker named new head of research to oversee credit analyst team at CIFC.
The spread of COVID-19 has led to a negative outlook for money managers by ratings agency Moody's.
Stuart Whitewas named global head of strategy and U.K. and international CEO at HSBC Global Asset Management.
An analysis of the largest money manager combinations shows that institutional assets, as a percentage of firmwide AUM, is steadily shrinking.
U.S. stocks plunged into a bear market this month, marking a period of volatility in markets that may spark more unions between money managers.
