Mercer acquired Tokyo-based hedge fund multimanager BFC Asset Management Co. in a move its global wealth management chief predicts will accelerate the nascent growth of Mercer's delegated investments business in Japan.
Allows institutional investors to add an initial increment of China A shares exposure to their emerging markets benchmarks.
The 25 defined-contribution money managers with the most mutual fund assets reported a combined total of $1.606 trillion as of Dec. 31, up 17% from a year earlier, according to sister publication Pensions & Investments' annual survey
Asset managers reported mixed success in attracting inflows for the second quarter as a pickup in market volatility weighed on investors' appetite for riskier assets.
Once-highflying 130/30 strategies might be down, but they aren't out, money managers contend.
Assets of the 500 biggest managers of U.S. institutional tax-exempt money jumped 11.2% in 2010, just half a percentage point off the pace of the prior year's rebound from the global financial crisis, according to sister publication Pensions & Investments' latest annual money manager survey.
Amped-up alpa approach suddenly gaining traction among money managers; not a fad
UniCredit Group's decision to keep its Pioneer Investments money management arm could mark the end of a spate of recent divestments and the start of a period in which banks are focused instead on building their asset management affiliates.
When Christopher C. Davis talks about money management, the one-time theology student sounds as if he is discussing a calling, employing words that reflect cultural choices
