Northern Trust promoted from within for roles leading asset servicing for Hong Kong, Macau and Taiwan, and separately for China.
Northern Trust tapped its country head for Australia to lead its asset-servicing business in the Asia-Pacific region.
Nicholas Smith and Rodney Hutter have joined Angelo Gordon & Co. as managing directors on the firm's structured credit team.
New Mexico State Investment Council is redeeming investments from two non-core fixed-income separate accounts.
The Federal Reserve has bought trillions of dollars in Treasuries just to fix the bond market. But the economy may need much more help.
Angelo, Gordon & Co. raised more than $1.5 billion in commitments for its latest European real estate fund, exceeding its target.
J.P. Morgan Asset Management has appointed four people to its global sustainable investing team.
Putri Pascualy joined Angelo Gordon & Co. as a managing director and credit product specialist on the firm's investor relations team.
Private credit may not turn out to be safer than equity investments in the wake of the COVID-19 crisis.
Managers and investors are excited but wary about potential returns from investments in securitized products from the Fed's TALF program.
Angelo, Gordon & Co. closed its first distressed debt and corporate special situations fund at $1.8 billion, exceeding a $1 billion target.