Citadel has dismissed several portfolio managers and analysts in a shakeup at its Surveyor Capital unit.
PGIM Investments agreed to acquire Green Harvest Asset Management, a separately managed account platform that serves high-net-worth investors.
SSGA's AUM was down 0.9% in the three months ended Sept. 30 with lower inflows into ETFs but was up 22.7% for the year.
June Wong joined Value Partners Group as new president of the $11.5 billion Hong Kong-listed money manager.
Jordan Robinson was named managing director and head of investor solutions within the asset management business of ORIX Corp. USA.
Jess Yawitz, co-founder and chairman of NISA Investment Advisors, will retire at the end of the year.
Ares Management could soon provide loans for as much as $5 billion to a single borrower.
Credit Suisse's offices in Zurich were raided amid a probe into whether it misled investors in funds it ran with Greensill Capital.
Missouri LAGERS CIO Brian K. Collett said stakes in firms like AJOVista are equity investments, even if the payoff is expected in alpha.
OneDigital Investment Advisors has acquired retirement plan consulting firm Praxis Consulting.
Kieran Farrelly was named head of global solutions for real estate at Schroders Capital.
September was a busy month as money managers scooped up several alternative investing firms.
Jamie Damon was named senior director at money manager First Sentier Investors.
Kudu Investment Management is acquiring a stake in Douglass Winthrop Advisors, which runs mostly high-net-worth assets.
David Hagee was promoted to CIO of Commerce Trust Co. to replace long-tenured predecessor Landers Carnal.
IM Global Partner expanded its U.S. footprint with a 42% non-controlling stake in Asset Preservation Advisors.
Victory Capital Management will acquire New Energy Capital Partners, the company's first purchase of an alternative investment manager.
Dave Wiederecht, executive vice president and global head of global fiduciary solutions at State Street Global Advisors, retired Sept. 1.
Monetary authorities in China, Hong Kong and Macau give investors cross-border access to wealth management products.
Kudu Investment Management is taking a minority stake in Third Eye Capital.
Strong market appreciation contributed significantly to public asset managers in North America and Europe seeing continued record growth.
BlackRock's Shanghai subsidiary became the first foreign fund manager to offer a mutual fund to local Chinese investors.
The multiaffiliate segment of the investment industry is under pressure with the future likely to bring smaller firms with fewer affiliates.
John Flint was appointed CEO of the new U.K. Infrastructure Bank.
Six members of GoldPoint Partners' seven-person executive team including CEO Tom Haubenstricker resigned.