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| | | The chief executive of one of the United States' largest pension funds is set to retire after 18 years in the top job. Jack Ehnes, chief executive of the California State Teachers' Retirement System (CalSTRS) has announced his will retire later this ... |
| | | | AXA Investment Managers is splitting its asset management business in two, creating a dedicated alternatives business that will run alongside a strengthened core investments business. As such, AXA IM's leadership team has also been overhauled. AXA IM ... |
| | | | The federal government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases ... |
| | | | Suggestions in response to the coronavirus pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the ... |
| | | | J. P. Morgan Asset Management said alternatives should no longer be viewed as some "other" asset class, as the low rate environment gives way for investors to find higher returns. Kerry Craig, J.P. Morgan executive director global market strategist ... |
| | | | While COVID-19 may have some reeling from uncertainty, active managers are seeing it as their time to shine as opportunities for growth crop up. T. Rowe Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from ... |
| | | | Following weeks of speculation, the two entities have confirmed a merger will go ahead. Aon and Willis Towers Watson have announced a definitive agreement to merge operations in an all-stock transaction with an implied combined equity value of about ... |
| | | | Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ... |
| | | | Vanguard's institutional sales team has copped another departure, as an institutional sales manager moves to BNP Paribas' asset management business. Abdul Elhage was an institutional sales manager at Vanguard for nearly five years and left last month. ... |
| | | | The world's most influential asset managers have adopted a substandard approach to responsible investment, according to a new report. ShareAction, a not-for-profit organisation dedicated to making investment a force for good, has ranked the world's ... |
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