PwC: Asset Management to Surpass $100 Trillion by 2020
The industry's AUM is projected to nearly double, with North America still dominating at $49 trillion.
Newsmakers
Top Bank Strategist Joins Danish Pension
The growing Industriens Pension has secured the services of one of the region’s top analysts.
Korea’s $400B Pension Looks to Hire to Foreign Investment Staff
The fund, which has satellite offices in New York and London, plans to double its investment team.
Federated Builds Out Active Equity Team
The fund manager is looking to do for equities products what liability-driven investing did for fixed income.
Lazard, Russell, Redington Take Top Honours at aiCIO European Innovation Awards
Who else has picked up a prize for pushing the boundaries at this year’s European awards?
Are You a Data Laggard or a Leader?
State Street has found asset owners who invest in data management can improve their tactical investment strategies.
Cardano, LGT, BlackRock Named as Finalists for aiCIO European Innovation Awards
Amundi, Principal Global Investors, and JP Morgan have been noted by European asset owners as bringing something new to the table.
ATP, Royal Mail, PGGM, vie for aiCIO’s European Innovation Awards
Some of the most sophisticated institutional investors in Europe have been shortlisted for aiCIO’s annual event honouring innovation.
Offshoot of SAC Capital to Close
Hedge fund Exis
Capital, run by former SAC Capital trader Adam Sender, is said to close with
less than $1 billion in assets under management.
Insurer Snaps Up Asset Management Arm of Troubled Lender
Amid ongoing sale rumors about Russell Investments, a $513 million acquisition deal has closed between New York Life Investments and Dexia Asset Management.
GIC Sues Merck Over Fraudulent Share Prices
One of Singapore’s sovereign wealth fund has claimed the drugs company made misleading statements on two anti-cholesterol drugs, artificially inflating the share price.
AMP Capital’s International Chief Executive on All-Access Partnerships
Strategic relationships between asset owners and managers aren’t the only kind of alliances shaking up the global investment game.
How to Build the Best DC Plan (the JP Morgan Way)
JP Morgan Asset Management’s Paul Sweeting has taken experiences from around the world and come up with the ultimate defined contribution plan blueprint.
CIO Profile: Hedge Fund Hopes and Governance Goals
Ian McKnight, CIO of the leaner Royal Mail pension fund, on hedge fund investing and getting the best from advisers.
Vervoer CIO to Take Up Northern Trust Role
Patrick Groenendijk will become a practice leader in fiduciary management at the company’s Chicago office.