The U.K. Financial Conduct Authority is seeking industry input on a new type of illiquid fund aimed at defined contribution plans.
Private equity and venture capital fundraising in Europe hit $123.4 billion in 2020.
Daron Pearce left his role as CEO at BNY Mellon's asset-servicing business in Europe, the Middle East and Africa.
Universities Superannuation Scheme intends to reduce the carbon intensity of its portfolio to zero by 2050 by divesting certain holdings.
Delayed by the COVID-19 pandemic until now, new U.K. rules are sparking changes to the corporate culture of money management firms.
Global hedge fund strategies saw net inflows of $17.7 billion in the first quarter, driven by strong performance.
CBRE Global Investors appointed two executives as part of an expansion of its credit platform.
Joanna Tano was named head of research at BMO Real Estate Partners, replacing Sue Bjorkegren, who has retired.
London Pensions Fund Authority committed an additional $69 million to The London Fund, a real estate strategy.
Nigel Aston was appointed defined contribution sales director at SEI.
Lily Burkhart was named global head diversity and inclusion at J.P. Morgan Asset Management, replacing Tia Counts.
European private equity deal value and volume hit a quarterly record in the first quarter, boosted by middle-market and microcap deals.
Changing fee-cap rules will not lead to a material increase in illiquid investments by U.K. defined contribution plans, the PLSA said.
Institutional investors have yet to enter the digital art and collectibles markets amid the boom of non-fungible tokens.
Michael Zerda was named head of debt and special situations at LaSalle Investment Management.
Willis Towers Watson will cut the carbon footprint for at least half of its discretionary delegated portfolios by 2030.
Venture capital firm Cathay Innovation Partners agreed to acquire a minority stake in Spanish venture capital firm Seaya Ventures.
European investors and managers with existing bitcoin exposures plan to increase their investments over the next two years.
Edward Palmer has been appointed CIO at private markets firm Alpha Real Capital, a new position.