Author profile
Investment
US - The asset management fees brought in by State Street Global Advisors (SSgA) were up 17% in the year ended 30 September, despite overall assets under management dropping by 4% in the same period, parent company State Street Corp. said today.
18 October 2011
•
Global
Due to popular demand, we have now extended the nomination deadline for the GP Awards 2012 to 31 October. Have you cast your vote yet?
18 October 2011
•
Global
EUROPE - iShares has launched a Europe-wide initiative to help professional investors identify structural risks and carry out due diligence on ETPs.
17 October 2011
•
Europe
EUROPE - Large European investors have redefined passive investing and moved away from the idea of indices representing a buy-and-hold strategy a new survey shows.
17 October 2011
•
Switzerland
SWITZERLAND - Swiss firm Lombard Odier Investment Managers plans to launch a new fundamentally-weighted developed sovereign debt fund after a Swiss pension fund agreed to invest CHF1bn ($1.1bn) in the strategy.
14 October 2011
•
US
US - The $40bn Alaska Permanent Fund Corp., the sovereign wealth fund known for being among the first institutional investors in the US to use a risk-based asset allocation approach, has hired Jay Willoughby as its new chief investment officer.
14 October 2011
•
Transition Management
State Street has been forced to reimburse a client for a transition management trade after an internal investigation found the client had been double charged on fees.
14 October 2011
•
Ireland
IRELAND - The 30 largest publicly traded companies in Ireland reduced their pension deficits by €2bn ($2.7bn) in 2010 to €24bn after at least half made changes to promised pension benefits but average deficits continue to outpace market capitalisations,...
13 October 2011
•
United Kingdom
UK - State Street was forced to reimburse a client for a transition management trade after an internal investigation, which led to the dismissal and possible dismissal of senior transition managers Ross Mclellan and Edward Pennings, found the client had...
13 October 2011
•
Australia
Jeremy Cooper, author of Australia's Cooper review on superannuation, talks about his vision behind a lower-cost, more efficient pension system. He talks about the failure of traditional drivers of competition to lower prices in the financial services...
12 October 2011
•