Asset Management Culture
Asset Managers Ponder Investments in AI as Security Risks Compound
A study from Rackspace shows that asset managers are seeking to implement artificial intelligence in their workflow.
Tag: Asset Management
Corporate Moves
Wilshire Completes Acquisition of Lyxor Asset Management
The U.S. arm of the French asset management firm will spur Wilshire’s growth in ‘key area’ of alternatives.
Research
CFA Institute Launches Research and Policy Center
The center will seek to provide new insights into the future of the investment industry.
Asset Management Culture
Tech’s Toughest Cuts Could Draw New Talent to Asset Management
Asset managers are eyeing thousands of workers laid off by the tech industry as asset management firms build out their own capabilities.
Corporate Moves
Storm-Tossed BlackRock Still Eyes Acquisitions
The world's biggest asset manager has expanded in the past when times were tough, its executives say.
News
Former Mellon CIO Launches New Asset Management Firm
BC-GUMPS’ first fund will hold a concentrated portfolio of credit default swap positions.
Research
Incentive Compensation in Financial Services Projected to Drop in 2022
In the financial services sector, base salaries increase 4% to 5% for the second straight year in 2022, while bonuses are set to fall in a difficult year for investors.
Newsmakers
New CEO Joining State Street Global Advisors
Yie-Hsin Hung will join in December and succeed retiring State Street Global Advisors CEO Cyrus Taraporevala.
Research
Simfund Adds Institutional Market Investment Information to Dataset
New module boosts observable assets under management in database to $110 trillion.
Newsmakers
CalPERS to Bring in Consultant Lenox Park to Help Diversity Efforts
The firm is expected to assist with collecting data on emerging managers.
Asset Allocation
Apollo Might Launch $500 Million SPAC Fund
The private equity firm reportedly will use the investment vehicle to buy stakes in IPOs and founders’ shares.
Market Moves
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Corporate Moves
Mark Machin Joins the Board of Singapore VC Firm Serendipity Capital
The former head of CPPIB finished up his final day at the pension fund last week.
Pensions
The Public Sector Pension Investment Board Gains 18.4% in FY2021
An extraordinary recovery in the capital markets netted the Canadian allocator double-digit earnings.
Corporate Moves
Ellen Ellison, University of Illinois Foundation CIO, Steps Down
The allocator shared on social media that she will be leaving to pursue other endowment and investment-related activities.