Alternative managers led in terms of AUM growth in the year ended June 30.
BrightSphere reported $234.3 billion in assets under management as of June 30, down 2.4% for the quarter and down 9.5% from a year ago.
OM Asset Management reported $235.9 billion in assets under management as of Sept. 30, down 8.8% from June 30 and up 0.7% from Sept. 30, 2016.
OM Asset Management reported $258.8 billion in assets under management as of June 30, an increase of 3.6% from March 31.
Peter L. Bain leaving OM Asset Management as CEO surprised many, although slow growth and high costs may have led to the leadership shakeup.
Alan Purser joined real estate manager Stockbridge Capital Group on Monday as a managing director, leading the firm's client relations team.
Chuck Fiedler joined Deutsche Asset & Wealth Management as a managing director and head of strategy and business development.
Heitman, a real estate money manager that has experienced change many times since its start as an originator of mortgage loans, isn't afraid of transformation.
Jerry W. Ehlinger is rejoining Heitman as managing director and senior portfolio manager for the real estate investment firm's North America public real estate securities portfolio.
As Chicago girds for the first NATO summit held in an American city outside of Washington, investment executives in the city are setting plans in place to minimize disruptions and expect it to be “business as usual.”
David R. Maki joined global real estate investment firm Heitman as senior vice president, North American capital markets.