MONEY MANAGEMENT
Meg McClellan was named managing director and head of private credit at J.P. Morgan Asset Management.
Virtually all fees that institutional investors paid in 2018 went to active managers, a study by Callan shows.
PIMCO's CIO for asset allocation and real assets, Mihir Worah, plans to retire in March and will not be replaced.
Activist investor Carl Icahn announced layoffs as he prepares to move his operation to Miami from New York in 2020.
Brian Woolfolk was named head of Pacific Life Insurance Co.'s institutional division, which includes its pension risk transfer business.
1251 Capital Group has agreed to acquire a majority stake in Ziegler Capital Management from Stifel Financial Corp.
First Eagle Investment Management will acquire alternative credit manager THL Credit Advisors from parent company Thomas H. Lee Partners.
An IMDDA survey has found that just 26% of institutional investors ask money managers about their records on sexual harassment.
Apollo Global names managing director with Bain Capital to lead its private equity business in Japan.
A majority of senior executives in fund management industry have an average to poor understanding of blockchain technology, a survey finds.