11/01/2018
J.P. Morgan Asset Management Launches Intermediate Municipal ETF
Fund seeks to provide a high level of income exempt from federal taxes--
Alternative Investments
11/01/2018
Northern Trust to Provide Discretionary Investment Management Services to Parker Ranch Foundation Trust
“The Northern Trust team fully appreciated our goal of developing an integrated approach to managing the Ranch’s assets including our operating business, landholdings, and investment portfolio.”
11/01/2018
Lazard Asset Management Launches International Equity Value Portfolio
The Fund is benchmark-agnostic, investing in companies listed outside of the US across all market capitalizations.
10/31/2018
MFS and Invesco expand Chile AFP fund offering
The CCR also approved three Amundi Ucits ETFs: the Euro STOXX 50, the MSCI EMU and the MSCI Japan.
10/31/2018
Gross withdraws shares from Janus Henderson fund
His personal stake fell to about $566 million at end of September, from $775 million a year earlier
10/31/2018
CAIS Teams with Mercer to Offer Independent Advisors Mercer Investment Services
Advisors on CAIS platform can engage with Mercer for a range of customized investment services
10/31/2018
Canadian Pension Funds Post Negative Q3 Asset Returns
Funded ratio still rises as declining liabilities offset losses.
10/30/2018
State Street Global Advisors launches SPDR Bond Compass
State Street Global Advisors, the asset management arm of State Street Corporation, has launched the SPDR Bond Compass.
10/26/2018
Bill Ackman’s Pershing Square buys Hilton stake
The hedgie’s reasons for getting back into the stock weren’t clear, nor was his timing. Investors were told in a press release that they would get more details during Pershing Square’s investor call next month.
10/25/2018
State Street Battling For Low Cost ETF Ground
Composite index and are pleased to continue our collaboration with State Street Global Advisors,” said John van Moyland, head of Financial Products for Kensho.
10/23/2018
RBC to provide custody for digital asset trading firm's ETFs
This new relationship with Coin Capital Investment strongly reflects RBC I&TS’ focus to provide our clients with the knowledge and expertise needed to move their evolving business forward.
10/23/2018
Titanic treasure can be sold to hedge fund, US court rules
Titanic is perhaps the most iconic ship in history. On its maiden voyage to America in April 1912, it hit an iceberg and sank, killing more than 1,500 passengers and crew.
10/23/2018
Sanctioned Russian assets attracting investment from biggest US pension funds
Apart from Russia’s state debt, the fund that controls pensions of California’s firefighters and police officers, reportedly holds $872 million in share depositary receipts of Russian firms – $658 billion of which are from companies subj
10/22/2018
Compass group to launch first Brazil office
The group plans to offer both mutual funds and liquid alternative strategies to investors in Brazil.
10/19/2018
Nordea to take Cowart’s US fund in-house for ESG revamp
The fund will also be able to use derivative instruments where necessary.
10/19/2018
T. Rowe hands expanded role to US and multi-asset CIO
The company said Giroux had been involved in several such projects in recent years, and the new position formalises this work.
10/18/2018
Lyxor expands operations in the LatAm market
In the Andes, Lyxor already offers ETFs to pension funds and has a partnership with LarrainVial for the group to distribute its strategies in Chile, Peru and Colombia. It is now looking to offer liquid alternatives in Chile.
10/18/2018
GWL Realty Advisors announces agreement to acquire Guggenheim Real Estate private equity platform and related funds
GRE will combine with EverWest Real Estate Investors (EverWest), a Denver based real estate investment management and operating business acquired by GWLRA U.S. in February 2018.
10/18/2018
Seven Banks Join Forces to Transform Trade Finance
The “Trade Information Network” aims to establish an inclusive industry standard in multi-bank trade finance
10/17/2018
$366bn pension earmarks gender diversity as priority
The Canada Pension Plan Investment Board, which manages pensions for 20 million people, says it will target companies with poor gender diversity in the year ahead.