US - The Teachers Retirement System of Texas' (TRS) strategic partnership programme, which allows managers to provide proprietary research to the scheme alongside running broad asset management mandates, has returned 7.3% since its implementation a year...
US - Morgan Stanley has hired former Merrill Lynch veteran Gregory Fleming as president of its investment management unit.
Tom Selby says the UK will have a governance crisis unless defined contribution schemes up their game
BlackRock has completed its merger with Barclays Global Investors.
US - BlackRock has laid off 89 employees in San Francisco as a result of its merger with Barclays Global Investors (BGI), which the firm completed yesterday.
GLOBAL - Pension industry experts predict the fiduciary management model will spread deeper into Europe and other parts of the world, and expand its reach beyond DB plans to the likes of insurance companies and DC plans.
UK - BlackRock Investment Management will transfer two real estate funds of funds worth £54.8m (US$90.4m) and €62.6m (US$93m) to Aviva Investors Global Services after the fund manager left the firm for Aviva.
JAPAN - Mizuho Trust & Banking has broken into the top three largest asset managers in Japan, displacing State Street Global Advisors Japan (SSgA), a quarterly report by the Japan Pensions Industry Database showed.
Fixed income covers an umbrella of investments and funds have been increasing their weighting towards it, as Sebastian Cheek reports
With many managers looking to the corporate bond market as a source of income, Sebastian Cheek asks if credit has become the new equity?