GLOBAL - T. Rowe Price International has appointed Chris Alderson as president and chief executive officer, following the retirement of David Warren.
Following the volatility in currency markets, investors have returned to hedging and are looking at ways of reducing risk, as Raquel Pichardo-Allison reports
GLOBAL- Mergers and acquisition activity has slowed in 2009, despite banks and insurers shedding their asset management units to raise cash, a study by Jefferies Putnam Lovell reveals.
SLOVAKIA - Over 11,000 workers left private pension schemes and opted to return to the state system last year as unease over the global financial crisis grew.
GLOBAL - ETF Securities is to launch 'ETF Exchange,' the first multi sponsor ETF issuance consortium, which comprises financial institutions and banks around the world.
GLOBAL - HSBC Global Asset Management is launching a Global Currency Fund aimed at institutional investors.
EUROPE/ MIDDLE EAST- Pyramis Global Advisors aims to tap directly into the UK, European and sovereign wealth market through the heavy marketing of a suite of long/short equity strategies the firm is rolling out.
GLOBAL- Despite the talk about the increased need for risk management in light of the financial turmoil, most asset managers have not done enough to increase their risk management capabilities, a recent study found.
GLOBAL - Forty percent of pension funds with no exposure to emerging markets private equity (EM PE) are planning to invest in this class over the next one to five years, a survey by Coller Capital and the Emerging Markets Private Equity Association reveals....
Including: US - CalSTRS re-elects Dillon; AUSTRALIA - Qantas boosts Super pot; UK - OSPARA teams up with PGD;