Between bonuses and base salary, pay packets have shrunk by nearly half.
A pre-crisis level wave of assets hit fund managers in the
first half of the year. Headlines
$1.9 trillion is invested in passive strategies tracking the US’s leading stock index, according to research.Headlines
The bank has agreed to pay more than $9 billion in a cash penalty and $7 billion in aid to homeowners for selling flawed mortgage securities prior to the crisis.Headlines
Segregated mandates are no longer required to transfer
The international nuclear science centre is advertising for a new CEO to lead its pension fund.Headlines
Columbia Management’s Ty Schoback gives a verdict on the effects of Detroit’s Chapter 9 bankruptcy on bond investors.Headlines
Better performance has not lured investors back to macro strategies, and credit hedge funds are suffering too.
The world’s largest SWF has shaken up—and doubled—its senior investment team
Two UK-based firms are growing their institutional teams in an effort to raise their profiles in this sector.