PIMCO names CIO of portfolio implementation
June 29, 2022 07:40:00 AMQi Wang was promoted to CIO of portfolio implementation at PIMCO; she also oversees analytics, and data structure and delivery.
Asset managers say they'll pay for travel after Supreme Court abortion ruling
June 27, 2022 04:19:59 PMState Street, PIMCO, Blackstone and other large asset managers said they would pay for employees' travel expenses related to abortion care.
J.P. Morgan Asset Management names senior investment specialist
June 27, 2022 02:53:08 PMDaniel Yem joined J.P. Morgan Asset Management as a senior investment specialist for business and product strategy in the DC business.
Cardano taps new COO from USS
June 27, 2022 01:18:27 PMHoward Brindle was named group chief operating officer of Cardano Group, a U.K. pension adviser and investment manager.
Advisors Asset Management brings on head of institutional and alternatives
June 23, 2022 03:56:10 PMBill Wendel departed BNY Mellon and joined Advisors Asset Management as managing director and head of institutional and alternatives.
Northern Trust appoints global head of digital assets and financial markets group
June 23, 2022 03:41:38 PMJustin Chapman was named global head of Northern Trust's new digital assets and financial markets group, effective immediately.
American Beacon to terminate 3 subadvisers, close midcap value fund
June 23, 2022 12:59:14 PMAmerican Beacon Advisors will close its midcap value fund, terminate the three subadvisers and transfer the assets to a smidcap value fund.
Newton Investment Management appoints head of client solutions
June 21, 2022 03:20:41 PMNewton hired Christopher Nichols as head of client solutions, a new position.
Fidelity building alternatives unit to meet demand for diversification
June 20, 2022 12:00:00 AMFidelity Investments is building out a new diversifying solutions unit to meet client demand for alternative investment strategies.
UBS Asset Management hires head of infrastructure equity
June 15, 2022 02:36:31 PMAndrew Morris was named head of infrastructure equity, a new position at UBS Asset Management.
Partners Capital adds global head of sustainable investing
June 15, 2022 12:42:34 PMMichael Viehs was named senior principal and global head of sustainable investing at outsourced CIO firm Partners Capital Investment Group.
Matthews Asia appoints new CEO
June 14, 2022 12:01:00 PMCooper Abbott was named CEO of Matthews Asia, replacing William J. Hackett, who will retire June 30.
Kudu takes minority stake in Gramercy
June 09, 2022 03:14:53 PMKudu Investment Management acquired a minority interest in emerging markets specialist Gramercy Funds Management.
State Street says it's not seeking a deal with Credit Suisse
June 09, 2022 02:32:41 PMState Street Corp. said it's not pursuing any acquisition or business combination with Credit Suisse Group.
Mackenzie maps out succession plan for Ivy funds
June 09, 2022 02:08:10 PMMackenzie Investments set up a succession plan for the leadership of its Mackenzie Ivy funds group.
Credit Suisse weighs new job cuts after loss warning
June 08, 2022 11:23:19 AMCredit Suisse Group is considering a fresh round of job cuts, part of a renewed push to slash costs after warning of a second-quarter loss.
Credit Suisse appoints head of asset management, Asia-Pacific
June 07, 2022 12:40:21 PMMin Huang was named head of asset management, Asia-Pacific, at Credit Suisse after seven months of being in the role on an interim basis.
BlackRock debuts ad campaign to burnish image as it faces ESG scrutiny
June 06, 2022 03:36:28 PMBlackRock, facing political scrutiny over its stance on ESG investing and its outsize influence, is on a mission to reintroduce itself to Washington.
AllianceBernstein adds global ETF capital markets head
June 03, 2022 02:35:36 PMAnita Rausch was named global head of ETF capital markets at AllianceBernstein, a newly created role at the money manager.
TIAA-CREF signs Loop Capital Markets executive
June 02, 2022 11:19:27 AMKourtney Gibson was named chief institutional client officer at TIAA-CREF, succeeding Doug Chittenden.
Carillon Tower adds Chartwell to multiboutique lineup
June 01, 2022 11:52:36 AMCarillon Tower Advisers acquired Chartwell Investment Partners as parent Raymond James completed the purchase of TriState Holdings.
DWS names new CEO following greenwashing allegations
June 01, 2022 06:43:06 AMStefan Hoops was named DWS Group CEO, replacing Asoka Woehrmann, who is resigning amid allegations of greenwashing.
Churchill adds head of sustainability and ESG integration
May 31, 2022 02:35:59 PMMickey Weatherston was named principal, head of sustainability and ESG integration at Nuveen subsidiary Churchill Asset Management.
MassMutual becomes equity investor in Kudu
May 26, 2022 01:08:45 PMMassachusetts Mutual Life Insurance joined with White Mountains Insurance Group to become an equity investor in Kudu Investment Management.
Westwood to acquire Salient Partners for $35 million
May 26, 2022 12:52:14 PMWestwood Holdings Group will buy alternatives manager Salient Partners for $35 million in a deal that will close by the end of the year.