The winnings: $1.5 billion. The investment mandate: Whatever you want.
PIMCO’s parent company has agreed to buy London-based Rogge Global Partners.
Jane Western and Carol Anne Lindsey have joined the $5 billion non-profit fund, and the recruiting continues.
Adriaan Ryder is leaving the $57 billion Australian fund manager after seven years at the helm.
The co-founders of the UK-based consultancy are stepping down from one of their leadership roles.
Paul Klauder will take over the firm’s institutional group following Edward Loughlin’s retirement.
Two roles have been created as the C$154 billion fund sets up its new-look senior staff.
Defined contribution assets are growing at twice the rate of defined benefit pensions, according to Willis Towers Watson.
Gary Dokes is to depart after 13 years for a $760 million Arizona charity fund.
Following a similar move by BlackRock, the asset manager is scrapping subsidiaries for a standalone real assets business.