Tag: Investment Managers

Teachers Insurance and Annuity Association of America (TIAA) has acquired a controlling interest in Westchester Group, Inc., an independent agricultural asset manager.

The September issue of The Cerulli Edge: U.S. Asset Management Edition addresses how asset managers are utilizing new techniques to increase access to advisers.

 J.P. Morgan Asset Management has announced the appointment of Nick Gartside to its fixed income investment team as International CIO of Fixed Income.

Goldman Sachs Asset Management (GSAM) has turned to Jim O’Neill to be its next chairman.

J.P. Morgan Funds has launched a new equities mutual fund, the JP Morgan Research Equity Long/Short Fund.

The U.S. retail unit of Deutsche Bank’s global Asset Management division announced Michael Hughes has been named Director and Senior Account Manager, responsible for National Accounts.  

Transamerica Asset Management Group says it will offer the Transamerica AllianceBernstein Dynamic Allocation VP fund. 

Bank of America Corp. (BofA) may be divesting itself of its 34% share of BlackRock Inc., according to published reports.  

HighMark Capital Management, Inc. has announced the addition of its family of mutual funds to UBS’s financial services, retail brokerage and advisory platforms. 

With the ink not yet dry on its merger nuptials with Aon, Hewitt Associates has announced a new acquisition.

A new spin-off from a familiar name is bringing an investment analytics tool to market.

The DWS International Value Opportunities Fund will be rebranded, and the fund’s directors and shareholders have approved a new fund sub-adviser.

Investors’ belief in global economic growth and the ability of corporations to improve profits has significantly eroded, according to a recent survey of fund managers.

State Street Global Advisors (SSgA) has appointed Steve Coyle as head of the U.S. Sub-Advisory business within its Intermediary Business Group.

Manning & Napier Advisors has tapped Patrick Cunningham as chief executive officer and Jeff Coons as president, the Fairport, New York firm announced.

OppenheimerFunds Retirement Services announced new tools to help plan sponsors and financial advisers "navigate the changing regulatory landscape."

Russell Investments has posted its official lists of companies that are set to join or leave the broad-market Russell 3000 Index when its U.S. equity indexes are reconstituted...

State Street Global Advisors (SSgA) has tapped Alistair "Ali" Lowe as global equities chief investment officer.

AllianceBernstein has renewed its contract to provide program management and investment management services to CollegeBoundfund, Rhode Island’s adviser-sold 529 college savings plan.

MFC Global Investment Management (MFC GIM), the asset management arm of Manulife Financial Corporation, announced two new hires to its Boston-based teams.