Most money managers reported an increase in total assets under management to end the year but analysts see reasons to be watchful.
The largest U.S. retirement funds saw a 6.6% asset increase over the year ended Sept. 30.
Large Canadian pension funds are rethinking asset allocation with the onset of the COVID-19 pandemic and plan to move more assets in-house.
Asset management deals slowed in 2020 compared to 2019, but transactions are expected to rise in year ahead.
Wells Fargo is considering a sale of its asset management unit, which has pushed a shortlist of rival firms as potential buyers.
CPPIB is being urged to disclose a long-term strategy for exiting fossil-fuel investments.
Edwin Cass was named chief investment officer at Canada Pension Plan Investment Board, making him the fund's first-ever dedicated CIO.
Ontario Teachers' Pension Plan reported assets of C$207.4 billion for the first half the year, a 0.4% loss.
Increased volatility and concerns about portfolio risk might push U.S. pension funds to take over their risk management process.
Money managers should remain watchful of phishing emails targeting employees as they adjust to remote working.
As of Aug. 5, all publicly traded money managers tracked by their assets rise saw gains in the second quarter.
Vincent Delisle has been named head of liquid markets at Caisse de Depot et Placement du Quebec, replacing Macky Tall.
Non-profit health-care investors in the U.S., faced with revenue shortfalls, are eying increased allocations to alternatives.
There are investment opportunities in sectors taking the lead in pandemic-related innovation as well as parts of the real estate market.
Public Sector Pension Investment Board cited market declines caused by the COVID-19 outbreak as a reason for the negative return.
Black executives share their personal fears and experiences of racist violence amid worldwide protests over George Floyd's killing.
Institutional AUM at the largest money managers grew 14.4% for the year ended Dec. 31, but the trajectory has changed for most this year.
CEO pay increased in 2019 at 8 out of 11 money managers and banks tracked by P&I.
A sharp and unprecedented decline in U.S. oil prices last month, triggered by the coronavirus pandemic, will have a domino effect on Canada.
Macky Tall was named head of real assets and private equity at Caisse de Depot et Placement du Quebec.
PGIM Inc. will serve as a multiyear sponsor for the annual CFA Institute Research Challenge.
Invesco Mortgage Capital will not be able to fund margin calls because of coronavirus-related turmoil in the financial markets.
An analysis of the largest money manager combinations shows that institutional assets, as a percentage of firmwide AUM, is steadily shrinking.
OPTrust achieved an investment return of a net 11.2% for the total fund in 2019.
Ontario Municipal Employees' Retirement System reported a net return of 11.9% in 2019, outperforming its custom benchmark's 7.5%.