Pacific Investment Management Co. LLC is planning to build active-equity-management capability, possibly by lifting an existing team from a rival firm, according to sources familiar with the company.
China's economic engine powers on, but some consultants and managers are becoming more cautious about investing in the Asian giant — at least in the short term.
Money managers owned by global investment banks are re-engineering their business models in response to mounting pressure to earn their keep.
Pension fund executives around the world are putting their faith — and assets — into emerging markets to provide more investment bang for the buck.
Money managers are adding more arrows to their emerging-markets quiver as they anticipate institutional investor demand for such strategies to escalate.
