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.
BlackRock recruited Paul Bodnar, a clean-energy advocate and former Obama climate aide, as global head of its sustainable investing group.
CI Financial is on an acquisition spree, having scooped up 16 U.S. wealth managers in little more than a year with more to come.
Asset owners are staying on the sideline for now, awaiting the outcome of a discrimination lawsuit filed against PIMCO by female employees.
PIMCO denied all claims leveled in a lawsuit by five current and former female employees claiming discrimination and other employment issues.
Goldman Sachs launched a $10 billion investment initiative to improve racial equity and economic opportunities for Black women in the U.S.
Arena hired three new managing directors for global marketing to boost growth in the firm's special situation private credit strategies.
Mellody Hobson's strategic plan for Ariel Investments puts a bold spin on private equity that seeks to address racial economic inequality.
PIMCO named Kimberley Stafford the new global head of its product strategy group and picked a new leader for Asia-Pacific to replace her.
Institutionally oriented money managers are looking for ways to gain retail market share.
After a review, Janus Henderson is closing four of seven Perkins value strategies and rebranding the equity fund lineup.
Retail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
SPAC launches continue at a hefty pace but most institutional investors remain on the sidelines when it comes to investing directly in them.
Holly Framsted will join Capital Group in March in the new position of head of ETFs, leading development and launch of its first ETFs.
BlackRock vice chairwoman Barbara Novick will retire Feb. 1 but remain a senior adviser to world's largest money manager.
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.
Meketa has hired Tammy Wood to lead its marketing and business development efforts in a newly created role.
Brookfield plans to buy back units of Brookfield Property Partners for $5.9 billion in a bid to take the real estate company private.
State Street is exploring merger and acquisition to expand SSGA's investment capabilities, sources said.