The use of technology in institutional portfolios is expected to grow, revolving on efficient data analysis, customization and digitization.
Anup Agarwal was named deputy chief investment officer at Global Atlantic Financial Group.
A group of money managers, broker-dealers, market-makers and others plan to launch an equity exchange to compete with the NYSE and Nasdaq.
Competition for investment management talent could hurt margins at money managers.
Quebec pension manager puts its money behind budding journalists.
Canadian public and corporate pension plans' median funding levels plunged in the fourth quarter, hurt by a decline in equity investments.
If institutional money managers had a tough time being profitable in 2018, this year could be even harder.
Voya Investment Management CEO sees 'an exciting time' ahead in building the firm's business.
Artificial intelligence seen as possibly soothing the savagely volatile equity markets.
Fiera Capital agreed to acquire an 80% stake in U.K.-focused real estate investment manager Palmer Capital Partners.
The SEC approved implementing a transaction fee pilot program to measure the effects of maker-taker rebates on equity trade execution.
Backstop Solutions Group announced it has acquired alternative investment data and index provider BarclayHedge
Illinois Municipal OK'd up to $250 million in alternatives commitments, including a joint venture with retired NBA star "Magic" Johnson.
Thomas Hirschmann was named managing director head of distribution at Hotchkis & Wiley Capital Management.
Assets under management for 18 publicly traded money management firms analyzed by SS&C Technologies Holdings rose 2.4% in the third quarter.
Illinois State Board of Investment plans to issue an RFP on Dec. 24 for an investment consultant for the state's deferred compensation plan.
Minnesota State Board of Investment approved a total of $1 billion in alternatives commitments, pending successful contract negotiations.
A point of pride at TCW is the "good mix" of relatively new hires and long-term employees.
Northern Trust announced it acquired foreign exchange software provider BEx
Nasdaq acquired alternative financial data provider Toronto-based Quandl for an undisclosed sum.
Timothy Atwill and Thomas Lee were named co-chief investment officers at Parametric Portfolio Associates, effective Nov. 1, 2019.
Employer payroll, not retirement benefits, could be hit by expansion of Canada, Quebec pension plans.
Illinois Municipal Retirement Fund approved a total of up to $325 million in commitments to real estate and private equity.
Canada Pension Plan Investment Board's shareholder-votes to include female directors on Canadian company boards have been successful.
Institutional investors should be looking ahead to 2019 as consolidation audit trail implementation begins.