Asset owners aren't changing their long-term investment plans in reaction to GameStop, Archegos and other market anomalies.
CI Financial launches Axia Real Assets, a global real estate and infrastructure joint venture, retaining a 50% ownership stake.
Hedge fund managers are optimistic about 2021 given market opportunities and nascent investor interest in hedge funds as a bond substitute.
Christina Iacoucci was promoted to Canadian CIO at BentallGreenOak and will continue running strategies for parent Sun Life's general account.
Institutionally oriented money managers are looking for ways to gain retail market share.
Pension investment teams relied on strict rebalancing and opportunistic investing in 2020 to rebuild and grow portfolios.
Retail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
State Street Corp. and Northern Trust Corp. both announced moves earlier this month to lay off hundreds of employees.
SPAC launches continue at a hefty pace but most institutional investors remain on the sidelines when it comes to investing directly in them.
Following a year when it stressed there would be no job cuts, State Street said it plans to lay off 1,200 of its workers in 2021.
Money managers face lingering impacts from the COVID-19 fallout and myriad challenges requiring transformation of their business models.
Industry players put lessons learned from COVID-19 to work in 2021 along with a strong focus on DEI and ESG.