Mixed economic growth forecasts and shifting monetary policies are testing investors’ ability to generate sufficient returns to meet their long-term liabilities,” commented Mark McCombe, senior managing director and global head of BlackRock’s institutional client business.
BlackRock study: Institutional investors should consider profound shifts in investments
Citi Survey: Hedge fund profits off 30% due to poor performance in 2014
Citi’s report, formerly known as the Hedge Fund Business Expense Benchmark Survey, is based on proprietary analysis and detailed responses from 149 hedge fund firms that collectively represent USD 581 billion in industry AUM, or 19.8% of total industry assets.
State Street Global Advisors lowers fees on 41 SPDR ETFs
State Street Global Advisor announced that it has lowered the management fees on 41 SPDR exchange-traded funds (ETFs), including those investing in a wide range of international and domestic asset classes, effective immediately.
Marcello Pasquatti, 17-year veteran at MFS in Brazil, joins Pimco in Miami
Pasquatti, who began working for MFS in 1997 on the international sales desk, will be reporting to Alec Kersman, executive vice-president, head of Latin America & the Caribbean.
Morgan Stanley: High-net-worth investors predict positive 2015 on strength of US economy, tech and biotech stocks
Morgan Stanley Wealth Management’s semi-annual Investor Pulse Poll found that the wealthy see their best opportunities coming from the US, in technology stocks, and in equities in general.
March Gestión hires Lorenzo Parages as head of business development
March Gestión seeks to expand its business in Germany, Austria, Spain, Italy, Luxembourg and the UK in Europe as well as in Latin America.
Threadneedle to be rebranded as Columbia Threadneedle Investments
The change, due to come into effect in the first half of 2015, is designed to reflect the increased crossover between Columbia Management and Threadneedle, both of which are owned by Ameriprise Financial.
iShares captured 31% of global ETF industry flows in 2014
Driven by its US and European product lines, the firm captured 31% of the total USD 331 billon in global exchange-traded-fund (ETF) market flows in 2014.
Nuveen’s Bob Doll releases his much-watched10 predictions 2015
Doll’s Ten Predictions have long served as thoughtful guides to issues investors should consider as they work with their financial advisors to build strong portfolios.