Joseph A. Sullivan will take over as CEO of Allspring Global Investments, the new name for Wells Fargo Asset Management.
The working lives of money managers in the U.K. might look very different now that COVID-19 restrictions have been lifted.
U.K. defined contribution plan sponsors are reviewing multiemployer plan providers in an effort to improve value for participants.
AssetCo agreed to acquire a majority stake in exchange-traded funds platform Rize ETF for a cash payment of $22.9 million.
Olivier Mariee was named CEO of Amundi subsidiary CPR Asset Management, effective Sept. 6.
AP1 reported a net return of 10.9% in the six months ended June 30, with assets increasing nearly 10% to $51 billion.
Fidelity International is helping to accelerate growth of the U.K. fintech sector as the first manager to sign up to the fintech pledge.
Swiss Life Asset Managers agreed to acquire the real estate business of Oslo-based investment firm Ness, Risan & Partners.
The PLSA has warned against the U.K. government's proposal to introduce a universal charging structure within DC plans.
Cecile Cabanis was named deputy CEO at alternatives manager Tikehau Capital, a new position.
Abrdn CIO Rod Paris is retiring and plans to leave the renamed Aberdeen Standard Life at the end of the year.
Daniel Caplan was named CEO at alternative investment manager Sand Grove Capital Management, a new position.
Dan Kemp was named global CIO of Morningstar's investment management group, taking over for Daniel Needham.
Money manager CEOs consider cyberattacks as the greatest threat to future growth prospects, ahead of the pandemic or regulation.
Varma Mutual Pension Insurance Co. named Sampsa Ratia as director of real estate investments, effective Aug. 16.
Emerging markets have become a victim of China's success in 2020, with investors underweight as recoveries trail developed markets.
Commonwealth Bank of Australia (UK) Staff Benefits Scheme insured $582.9 million in liabilities with Legal & General.
Erin Leonard was appointed global head of sustainability at HSBC Asset Management, leading its new London-based sustainability office.
A review by the U.K. Financial Conduct Authority found that some money managers have fallen short on their fee assessments.
Wim Koeleman was named managing director for the new pension system at APG Asset Management.
The smallest U.K. corporate pension funds on average pay 4 basis points more for investment management than the largest plans.
Steven Billiet was named head of global client group at BNP Paribas Asset Management.
Lionel Pernias was named head of fixed-income solutions at AXA Investment Managers, effective immediately.