IMF investment chief joins Nigerian firm
Gary Steinberg, the chief investment officer of the International Monetary Fund, is joining Nigerian private equity firm CBO Investment Management, according to a CBO release Monday.
View ArticleU.S., European markets steady in first trading day after Paris attacks
U.S. stocks advanced and gold erased gains as the impact from the Paris attacks on global financial markets faded Monday, with investors refocusing attention on the prospects for growth worldwide amid...
View ArticleDutch money managers' AUM falls 4.5% in quarter
Assets managed by Dutch investment firms fell 4.5% over the three months ended Sept. 30 to €737 billion ($794 billion), with the value of investments in equity strategies alone dropping 11.6%.
View ArticleDeutsche money management unit adds co-head of alternatives coverage
Matthew Lamb joined Deutsche Asset & Wealth Management as co-head of alternatives coverage in the global client group, said a spokesman.
View ArticleCanadian pension funds in 'climate denial' — report
The 20 largest provincial pension funds in Canada are exposed to a “wide range of risks” associated with their fossil-fuel holdings, said a report Tuesday by the Canadian Center for Policy Alternatives.
View ArticleDutch pension fund PFZW to halve investments in 'most polluting' companies
Dutch pension fund PFZW announced Tuesday it intends to cut in half its holdings in companies that produce the largest carbon dioxide footprint by 2020.
View ArticleHamilton Lane names head of new Seoul office
Sungji “Steve” An, a vice president on Hamilton Lane's business development team, was named official representative of the private markets investment firm's new office in Seoul.
View ArticleMartin Currie acquires Japan long/short fund; manager to lead hedge fund...
Martin Currie Investment Management will acquire the $167 million RIT PK Japan long/short hedge fund as well as the services of its veteran London-based manager, Paul Kirkby, who will lead a combined...
View ArticleSun Life Investment Management chooses new CIO
Randy Brown was named chief investment officer at Sun Life Financial, effective Jan. 11.
View ArticleAustralia's Future Super claims first climate-neutral pension fund
Future Super, a Canberra-based superannuation fund launched in 2014 for Australians looking to use their retirement savings to promote environmental sustainability, is offering what it claims to be the...
View ArticleEconomic disappointment in Japan should not worry equity investors
Japan’s GDP for the third calendar quarter of 2015 showed weakness, much like the consensus expectation, but once again, this kind of negative result should not cause much concern at all for equity...
View ArticleAIMCo to work with clients to address new provincial climate change policy
Alberta Investment Management Corp. plans to work with its constituent funds to determine the implications on its C$83.9 billion ($63 billion) in assets of new provincial climate change goals to move...
View ArticleQIC hires Telstra Super CIO as global multiasset managing director
Jim Christensen was named managing director, global multiasset, at QIC, the Brisbane, Australia-based money manager announced Tuesday.
View ArticleOntario Teachers, proxy firms take opposing sides on BT Investment Management...
BT Investment Management Ltd. faces opposition to its remuneration of its CEO and other top executives from Ontario Teachers’ Pension Plan, while Institutional Shareholder Services and Glass Lewis...
View ArticleCambodia's central bank hires BNY Mellon as custodian for foreign reserves
The National Bank of Cambodia, Phnom Penh, hired BNY Mellon as custodian for the central bank’s foreign reserves.
View ArticleQuebec manager takes ride on the rails with Bombardier stake
Caisse de Depot et Placement du Quebec, Montreal, on Nov. 19 agreed to acquired a 30% stake in Bombardier Transportation U.K. Ltd., a newly created holding company for the rail unit of Canadian...
View ArticleJapan Post Bank gearing up for change
Japan Post Bank, the country's biggest institutional investor with more than ¥200 trillion ($1.67 trillion) in assets, has lived in the shadow of the ¥141 trillion Government Pension Investment Fund's...
View ArticleJapan's GPIF reports 5.6% decline for latest quarter
Japan’s Government Pension Investment Fund, Tokyo, on Monday reported a 5.6% drop for its fiscal second quarter ended Sept. 30, leaving its investment portfolio valued at 135.1 trillion yen ($1.1...
View ArticleBTG shares decline as firm separates from jailed founder; asset sales mulled
Grupo BTG Pactual stock plunged Monday after Brazilian billionaire Andre Esteves was jailed indefinitely and resigned all of his posts at the firm he helped build. The bank's leaders spent the weekend...
View ArticleJapan's GPIF reports 5.6% decline for latest quarter
Japan's Government Pension Investment Fund, Tokyo, on Monday reported a 5.6% drop for its fiscal second quarter ended Sept. 30, leaving its investment portfolio valued at 135.1 trillion yen ($1.1...
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