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Showing 111 - 120 of 247 results for "USD"

Challenger director jumps to global manager

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... assets and associate director at Macquarie Bank. HarbourVest is headquartered in Boston and in the past, has in the past won a USD $50 million private equity mandate from Telstra Super.

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... have developed in the last four or five years." Globally, Northern Trust's asset management business manages more than USD $1 trillion. Most of this is in passive, liquidity-focused or quantitative strategies with a small amount in fundamental investing ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... from trade uncertainty at about $200 billion to U.S. GDP, and $850 billion to global GDP, according to Reuters calculations." USD 200 billion? That's about US$10 billion short of New Zealand's entire economy. US$850 billion buys you Norway and ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... by the issuance of bonds with negative coupons by several European countries. Meanwhile, global debt sits at 225% of GDP at USD$184 trillion and the RBA cash rate is at a record low of 1%. According to Rice Warner, it all adds up to a "massive global ...

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
... employed by a company referred to as Fund Adviser which provided investment advisory services to private funds including a USD $376 million fund where Rege was one of the many portfolio managers. Rege mispriced the investments of a private fund from ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... ahead with 27% saying they will increase allocations to it over the next 12 months, which Invesco expects to be taken from USD, EUR and GBP. Nearly one third of sovereign investors decreased allocations to Europe in 2018 and a similar number are planning ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... continue to be committed to providing investors with fully-transparent updates as to our funds' holdings." The firm had USD $32.5 billion under management as of December 2018. Following the illiquidity concerns, investors pulled out billions from ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...

Asset manager eyes Australian market

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... for its high yield fund. Moneda Asset Management is the largest dedicated investor in Latin American high yield debt with USD$2.8 billion invested in the strategy, Brookvine said. It is opening the Moneda Latin American Corporate Debt Fund to Australian ...

Investment giant appoints global insto lead

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
The USD$1.2 trillion asset management business of one of the world's largest insurance providers has named its new institutional relationships lead. PGIM appointed Cameron Lochhead as the global head of its institutional relationship group to take a ...