CDPQ's chief executive hopes that building a light-rail system is an idea that can be exported.
Anup Agarwal was named deputy chief investment officer at Global Atlantic Financial Group.
Competition for investment management talent could hurt margins at money managers.
If institutional money managers had a tough time being profitable in 2018, this year could be even harder.
Index investing is passive in name only, a University of Toronto professor argues.
Voya Investment Management CEO sees 'an exciting time' ahead in building the firm's business.
Artificial intelligence seen as possibly soothing the savagely volatile equity markets.
Fiera Capital agreed to acquire an 80% stake in U.K.-focused real estate investment manager Palmer Capital Partners.
UBS will pay $68 million to settle claims by 39 states and the District of Columbia that the firm manipulated the London interbank offered rate.
Sun Life Financial announced it had agreed to acquire a majority stake in real estate investment management firm GreenOak Real Estate.
Backstop Solutions Group announced it has acquired alternative investment data and index provider BarclayHedge
Illinois Municipal OK'd up to $250 million in alternatives commitments, including a joint venture with retired NBA star "Magic" Johnson.
Thomas Hirschmann was named managing director head of distribution at Hotchkis & Wiley Capital Management.
Assets under management for 18 publicly traded money management firms analyzed by SS&C Technologies Holdings rose 2.4% in the third quarter.
Raymond Yin was named managing director, head of China onshore, at UBS Asset Management.
Minnesota State Board of Investment approved a total of $1 billion in alternatives commitments, pending successful contract negotiations.
A point of pride at TCW is the "good mix" of relatively new hires and long-term employees.
More than half of money managers surveyed by Liquidnet and Plato Partnership have enacted a global unbundling policy as a result of MiFID II.
Franklin Resources and a former participant in the company's 401(k) plan settled a lawsuit that claimed the plan violated ERISA rules.
Nasdaq acquired alternative financial data provider Toronto-based Quandl for an undisclosed sum.
Northern Trust announced it acquired foreign exchange software provider BEx
Nicole Musicco was named senior managing director, private markets, at Investment Management Corp. of Ontario, effective Jan. 7.
Illinois Municipal Retirement Fund approved a total of up to $325 million in commitments to real estate and private equity.
Overall assets under management for North American money managers rose 11% to $88.5 trillion in 2017.
Sandy Sinor was named senior vice president and director of public funds and Taft-Hartley plans at Northern Trust Asset Management.