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September
Credit Suisse and UBS today were named the 2010 Greenwich Share Leaders in European Equity Trading, with each firm boasting a market share in excess of 11% of overall institutional trading volume in European stocks
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Galtere is raising about $1 billion for a private equity fund to invest in production facilities for agricultural commodities
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The Employees Provident Fund (EPF) has allocated $1.52 billion to UK real estate
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Standard Chartered Bank has filled its newly created role of Managing Director & Head, Strategic Client Coverage Group in Origination & Client Coverage
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August
BlackRock and APG win Dutch mandates
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United Auto Workers’ (UAW) Retiree Medical Benefits Trust has picked Boston-based State Street and New York-based BlackRock to manage $6 billion
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Scipion Capital, a frontier market investment specialist, has selected Centaur Fund Services
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Credit Suisse is expanding its range of Exchange Traded Funds (ETF) to include 13 new products
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Swedish national buffer fund, AP7, has appointed Amundi and Axa to manage two of its Alpha portfolios
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San Diego County Employees Retirement Association has appointed PIMCO to run a cash management account
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Illinois Teachers’ Retirement System, Springfield, is planning to sell $3 billion in investments
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Despite a lack of consensus among fund managers on whether the worst is over for the sector, financials bounced back strongly in the MENA region, according to the latest sector update published by Standard & Poor’s Fund Services
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Manulife Asset Management’s unit, Manulife Mutual Funds, has launched six new mutual funds
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Moody Aldrich Partners (MAP) has partnered with Wilshire Funds Management to help in the development of its open architecture hedge fund seeding platform
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Northern Trust has hired to its Client Solutions Group at its asset management unit
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RBC Global Asset Management launches new fund for Canadian individual investors
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New Mexico Educational Retirement Board, Santa Fe, will not renew WAMCO’s contract to manage $564 million in core fixed income
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Northern Trust has been appointed as custodian by the London Borough of Wandsworth Pension Fund
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Aubrey Capital Management has appointed RBC Dexia Investor Services to offer a complete range of investor services to its Australian domiciled funds
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San Diego County Employees Retirement Association has awarded two fixed income mandates
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TPG Capital is planning to raise $736.4 million for a yuan-denominated fund in Shanghai
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Molins UK Pension Fund has awarded a $467.3 million mandate to Aegon Asset Management
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Boston-based investment group, Ameriprise Financial will combine 62 mutual funds, including several from its acquisition of Columbia Management
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Wyoming Retirement Systems is looking for multiple managers to run $560 million
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Energy Capital has raised $4.335 billion for its second private equity fund
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State Street has been appointed by Strategic Investments Group (SIG) to provide investment services for its new UCITS product, Strategic Active Trading Funds
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York Asset Management and Germany’s Universal Investment have teamed up to launch a global merger arbitrage Newcits fund
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BlackRock will acquire Taiwanese fund manager for an undislosed amount
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Mapletree Investments is planning to raise about $928 million for a Japan property fund in 2010
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€1.1bn hit to Norwegian pension fund reveals potential scale of UK pension funds losses on BP
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Citigroup will unveil dark pool electronic trading in Singapore in early 2011
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Morgan Stanley’s former fixed-income banker, Zoe Cruz, has set up her own hedge fund, Voras Capital Management
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Investors in Marshall Wace’s $312 million listed investment fund are set to approve the delisting of the vehicle
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Montana Board of Investments, Helena, is conducting an asset-liability study for the $2.5 billion Montana Teachers’ Retirement System
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Vanguard has terminated AXA Rosenberg’s over $1 billion mandate
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Connecticut Retirement Plans and Trust Funds is planning to start an asset allocation and liability study in 2011
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Illinois Teachers’ Retirement System has awarded an additional $322.6 million to its four property fund managers
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FletcherBennett and Invus Financial Advisors have set up a joint venture to roll out a fund of hedge funds firm
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Baillie Gifford loses $253 million U.K. equity mandate
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Troika Dialog’s fund managers outstrip inflation many times over
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Connecticut Retirement Plans and Trust Funds has selected semifinalists to manage $200 million
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U.S. Bank has been appointed trustee, collateral administrator and custodian
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Aviva Investors North America awards full-service fund operations outsourcing mandate for its new mutual fund offering
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Deutsche Asset Management's spin off business now open for business
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BNY Mellon Asset Servicing has improved its Workbench platform to help institutional investors comply with new accounting standards
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Apex Fund Services has expanded its operations with a new office in Luxembourg
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Pilgrim Partners Asia has selected LaCrosse Global Fund Services to provide fund administration services
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China Investment Corporation (CIC) is seeking to acquire stakes in Harvard University’s US-focused real-estate funds for nearly $500 million
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New York State Teachers’ Retirement System has renewed the contract of BlackRock Institutional Trust
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Simple Alternatives, an institutional alternative mutual fund provider, has appointed Bruce MacDonald as its CIO
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BNY Mellon has hired a head of relationship management and sales for treasury services across the EMEA region
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Credit Suisse has appointed Myo Schollum as head of prime services coverage in Japan
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New Mexico Public Employees Retirement Association has appointed new providers
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July
BNY Mellon Asset Servicing has been appointed as ETF services provider for the Mars Hill Global Relative Value ETF
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JP Morgan Treasury Services has reorganised its Global Trade practice
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KingFisher Asset Management has launched a global macro offering hedge fund
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Standard Life Investments (SLI) has teamed up with Chuo Mitsui Asset Trust and Banking to boost its presence in Asia
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EFG International, a Swiss private bank, was forced to write-off $813m that it had invested with hedge funds
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Exchange traded fund (ETF) industry assets in the United States decreased 0.4% during the first half of 2010
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HSBC Securities Services has hired Callum Runcie as sales director for its fund services team in London
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The Oregon state pension system has invested $200 million in Blackstone Group’s sixth buyout fund
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The Carlyle Group and Banco do Brasil have jointly set up a new fund
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Oklahoma Teachers’ Retirement System has picked four finalists for a $425 million real estate mandate
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Emerging Capital Partners (ECP), an international private equity firm, has raised about $613m for its ECP Africa Fund III
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Oklahoma Teachers’ Retirement System has added a 5% allocation to core-plus real estate
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Bank of America is looking to sell $1.2 billion worth of investments made in funds managed by Warburg Pincus
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Bolsas y Mercados Españoles and Clearstream are testing their planned European over-the-counter trade repository
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Black River Asset Management has opened its long/short equity commodities fund to outside investors
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Credit Suisse has appointed Société Générale Securities Services to provide fund administration services in Germany
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Draper Fisher Jurvetson (DFJ) has raised $350 million for its tenth fund, less than its $400 million revised target
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Islington Council is searching for an equity and fixed income manager for its pension fund
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The Chicago Public School Teachers Pension and Retirement Fund has appointed a director of investments
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Danone has appointed JP Morgan as depository bank for its ADR programme
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Active Earth Investment Management has appointed RBC Dexia Investor Services
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Federated Investors will acquire $17 billion in money market assets from SunTrust Bank’s money management unit
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Neuberger Berman is seeking to raise nearly $1 billion from endowments, foundations and other investors for its latest private equity fund
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Peru’s central bank will increase the limit on overseas private pension funds’ investments to 30% from 28%
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BNY Mellon has appointed a regional manager for broker-dealer services in Asia
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Canada’s Public Sector Pension Investment Board is selling a private equity commitments portfolio estimated to be worth about $1.5-2 billion
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HSBC Securities Services has a new head of product management, transfer agency services for the Asia-Pacific and the Middle East
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JP Morgan has a new head of treasury management for the Asia-Pacific region
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LaCrosse Global Fund Services has been selected by Iridium Asset Management to offer fund administration and operational support for its Asia fund
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Trian Fund Management is looking to raise $1.5 billion private equity fund that will target buying minority stakes in public companies
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Woodsford Capital Management has appointed LaCrosse Global Fund Services
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MFC Global Investment Management has won a Hong Kong based mandate
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J.P. Morgan has been appointed depositary for PFA Professionel Forening, owned by PFA Pension, the second largest pension provider in Denmark
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William Blair has been awarded a Chicago based mandate
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Anchorage Advisors has appointed State Street to provide a range of hedge fund administration services
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June
AEGON Asset Management chooses Citi as fund administration service provider
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BNP Paribas Securities Services is offering reporting packs to help managers comply with the Ucits IV key information document
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BNY Mellon Asset Servicing will provide back-office services for a Seattle based firm
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Aviva Investors strengthens Asia-Pacific business development with senior hire
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Illinois State Universities Retirement System, Champaign, has appointed State Street Global Advisors
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Vanguard Group is planning to roll out an ETF based on the S&P 500 stock-market index
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Los Angeles City Employees’ Retirement System has reappointed Neuberger Berman to manage $990 million in active fixed income
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RBS has set up a structured equity trading platform in Hong Kong and made some hires to lead the effort
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An ex-Citigroup energy trader has raised $1.08 billion for an offshore commodities hedge fund
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State of Michigan 401(k) and 457 Plans has appointed ING Investment Management
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UBS has hired Ashley Jarvis as global head of business and capital consultancy in its prime brokerage division
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Deutsche Bank rolls out Ucits vehicle
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Newton Investment Management has been awarded a Real Return mandate by the Superannuation Arrangements of the University of London
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The national pension fund of China is looking to raise overseas investments in stocks and bonds
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EasyETF is launching an ETF on the S&P 500 listed on NYSE Euronext in Paris.
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The Peruvian central bank has raised the limit on foreign investments made by the nation’s private pension funds
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Managing Partners Limited is looking to capitalise on what it believes will be a growing number of ‘panic’ buy-to-let and second home sales
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Citigroup, Bloomberg and Euroclear Bank’s FundSettle have agreed to streamline fund transactions
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Putnam Investments is looking to roll out a suite of three US multi-cap equity funds
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Heartwood has recorded another year of strong growth in its core discretionary assets under management in its financial year closing end April 2010
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Northern Trust has promoted Penelope Biggs to head of its Institutional Investor Group EMEA
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BNY Mellon Alternative Investment Services has launched enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles
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Pacific Life Insurance has appointed PIMCO to oversee a $250 million investment portfolio
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GCI Asset Management and Orix Management are to launch a hedge fund
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The $109.5 billion Florida Retirement System is changing its asset allocations after securing trustees approval
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Saturna Sendirian has received an Islamic fund management licence in Malaysia
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CLSA’s China asset management joint venture is planning to close its $1.5 billion fund
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Florida State Board of Administration (FSBA) can boost its maximum international equity allocation for the Florida Retirement System
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J.P. Morgan Asset Management is planning to raise up to $288.7 million for an investment trust
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Milwaukee City Employees’ Retirement System is looking for a global fixed-income manager
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JP Morgan has been named as the depositary bank by Hypermarcas
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Money market funds suffered high profile problems during the financial crisis but increased regulation and a back to basics approach have seen the industry emerge more transparent and risk aware
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Hermes has expanded on a global basis
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RBC Dexia Investor Services has closed the acquisition of UBI Group’s depository bank business
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UBS names co-heads of prime brokerage business in Europe, the Middle East and Africa
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May
AXA Rosenberg Investment Management has lost a US based mandat
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Standard & Poor's latest report reveals caution in the market
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AXA Rosenberg Investment Management has been terminated by an Ohio based retirement system
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Emerging Markets (EM) hedge funds gained +4.7 percent YTD through April
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Gulf asset manager, The National Investor (TNI), has unveiled the first of a range of Middle East and North Africa Ucits III funds
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Pardo Financial Group is rolling out a managed futures fund that allocates across multiple registered Commodity Trading Advisors
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GE Capital Real Estate and Angelo Gordon have raised about $1.25 billion for their Legacy Securities Public-Private Investment Fund
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BNY Mellon has been appointed to act as the depositary bank for Wintek
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Standard Life Investments (SLI) will run the London Boroughs of Islington’s $200.4 million UK corporate bond portfolio
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Jupiter Investment Management is seeking to raise more than $318 million in a listing on the London Stock Exchange
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State Street Corporation announced today that it has been appointed by Norges Bank to provide fund administration services
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T&D Asset Management is planning a hedge fund, which will seek to profit from shorting strategies in Japanese stocks
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Morgan Stanley Alternative Investment Partners has received $585 million in commitments for a fund
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Rice University is looking for a new CIO after they left to take up a position elsewhere.
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Barclays Capital has boosted its prime services team in Asia
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Goodman Group and the Canada Pension Plan Investment Board (CPPIB) are planning a fund focused on development opportunities in Australia
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Northern Trust is seeking to launch a broad range of index-based ETFs
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Blackstone Group is looking to raise its sixth fund by the end of next month
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ING Funds selects stress test suites to model the impact of interest-rate, credit and other risk shocks
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The New York State Common Retirement Fund is planning a $500 million hedge fund investment programme
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Sun Life Financial is setting up its own mutual fund firm
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T Rowe Price has been awarded a mandate by the Kansas Public Employees Retirement System
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The CIO of Cornell University’s endowment, is stepping down
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Metals and mining firm Mechel has awarded a depositary mandate to Deutsche Bank
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J.P. Morgan has completed an asset restructuring for the Lincolnshire County Council Pension Fund
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State Street is starting collateral management services in Sydney
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The Bahrain Stock Exchange has awarded a depositary mandate to Citigroup Global Transaction Services
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BNY Mellon's Treasury Services arm has appointed a senior relationship manager in India
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Dorsal Capital Management has appointed Citi Investor Services as administrative services provider for its hedge fund
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ICICI Venture is planning to roll out a $500 million infrastructure fund by July
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The Teachers’ Retirement System of Louisiana is planning to recruit a smid-cap core domestic equity manager
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Prudent Asset Management is planning a $150 million buyout shipping fund
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Credit Suisse is acquiring the hedge fund administration services unit of Fortis Bank Nederland
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EquityStar Capital Management is looking to roll out its new hedge fund on June 1, 2010
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Global Infrastructure Partners (GIP) is planning a $5-6 billion infrastructure fund.
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Invesco Perpetual is planning to roll out a Latin American investment trust.
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Auldyn Partners has rolled out a global macro hedge fund.
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Two ex-Alpha Titans Funds co-portfolio managers, have set up a multi-strategy fund.
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Hedge Fund indices rise in April according to a new report.
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The New York State Common Retirement Fund has committed another $500 million to its investment in New York mortgages currently offered by Fannie Mae.
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RBC Dexia Trust Services Hong Kong Limited today announced it has been awarded a mandate in Hong Kong.
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Christopher Kearns has been appointed as global product manager of at BNY Mellon
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Newton is to launch ethical fund for charitable investment
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Peru pension fund AFP Integra, is looking to allocate more of its $7.5 billion of assets abroad in emerging markets.
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State Street has won a contract to provide investment manager operations outsourcing services for $53 billion in assets.
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BNY Mellon wins $600m Arizona mandate.
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Lyxor Asset Management and Martin Currie have rolled out a non-benchmarked long/short strategy fund.
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A former senior member of Goldman Sachs is looking to unveil a hedge fund.
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Newton Investment Management will roll out a dedicated socially responsible investment (SRI) fund for UK charities.
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Rothschild has been terminated by the New Mexico Public Employees Retirement Association (PERA) as smid-cap equity manager.
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April
Allianz Global Investors is planning to roll out a Brazilian open ended investment company.
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Ohio Police and Fire Pension Fund, Columbus, has axed the contract of Chicago Equity Partners due to performance reasons.
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Citigroup’s Global Transaction Services business has been appointed by Coca-Cola Hellenic Bottling Company as the successor depositary bank for its NYSE-listed American Depositary Receipt (ADR) program.
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Deutsche Bank has rolled out an automated straight-through processing fund administration and custody solution in Indonesia
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Global Investor/isf looks at the rise in popularity of liability driven investment (LDI) in the US.
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The retirement systems of New York City are looking for investment managers to create a pool of index managers available on an as-needed basis
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The Florida State Board of Administration has dropped AXA Rosenberg Investment Management’s $400 million domestic equity mandate
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BNY Mellon Asset Servicing has been awarded a fund administration mandate
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HSBC Securities Services (HSS) has added a number of managerial appointments to its New York team.
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WisdomTree is rolling out nine ETFs on the Mexican stock exchange.
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Baylor University has appointed a new chief investment officer, effective June 1.
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Prudential Investments has launched its Prudential Jennison Market Neutral Fund.
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The Avon Pension Fund is seeking a global equity manager, who will help meet the United Nations Principles of Responsible Investment.
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BMO Guardian Funds has introduced six new mutual fund portfolios of ETFs.
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Tiburon Partners is rolling out a Ucits III long/short fund to invest in the Asian equity market.
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Between 5% and 10% of U.S. banks will be acquired or otherwise disappear by the end of 2011, according to new projections by Greenwich Associates.
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Global Hedge Fund Group (GHF Group) has rolled out two credit-focused hedge funds.
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Insight Investment Management has been awarded a $200 million mandate by a Welsh pension fund.
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Sara Lee has appointed Legal & General Investment Management America (LGIM) for liability-driven investing.
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State Street Corporation has been appointed to provide investment services to hedge fund group Marshall Wace for its new equity-neutral exchange traded fund – MW TOPS Global Alpha.
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Redwood Asset Management has selected CIBC Mellon Global Securities Services to provide asset servicing support.
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The Louisiana Municipal Employees’ Retirement System (LAMPERS) has shortlisted six managers for a new large-cap equity mandate.
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Marshall Wace has selected State Street to offer investment services for its new equity-neutral exchange-traded fund
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The University of California’s retirement and endowment funds portfolio have revised their asset allocations.
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RBC Dexia Investor Services said today it has extended its relationship with Aisling Analytics Pte Ltd, a leading hedge fund in Asia.
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The Stichting Pensioenfonds Stork, Amersfoort, Netherlands, has awarded a $161 million global managed volatility equity mandate to Acadian Asset Management.
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EnCap Investments and Flatrock Energy Advisors have closed a private equity fund targeting growth investments in the midstream sector of the oil and gas industry in North America .
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Edmond de Rothschild Asset Management (EdR AM) has appointed Manulife Asset Management as its master agent in Taiwan to help distribute funds.
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Atlantic-Pacific Capital today announced the addition of Mohammad Almojel as a Principal in Atlantic-Pacific’s Private Funds business.
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Carne Global Financial Services today announced the appointment of a managing director of the firm’s Luxembourg office.
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Citigroup has rolled out a global operating platform especially for hedge funds.
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The Ohio Public Employees Retirement System is looking to appoint one to five new fund of hedge fund managers.
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Putnam Investments has rolled out a global equity fund of funds, which will offer exposure to all sectors in the MSCI World Index.
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Daiwa Securities’ global asset services division of has rolled out a service for UK-domiciled collective investment schemes
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Ohio School Employees Retirement System, Columbus, is looking to raise its direct hedge fund investment program to 9% of assets from 6%.
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The Government Service Insurance System (GSIS) of the Philippines is seeking at least two global investment managers.
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Intermediate Capital Group (ICG) has received $1.15 billion in investments for a new recovery fund.
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Vontobel Asset Management has hired Northern Trust to offer global custody, fund administration, investor-level tax services and management company services for its new fund.
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Goldman Sachs is seeking endowment heads to join its asset management business.
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The Los Angeles Fire and Police Pension System’s board is planning to assess its hedge fund and private equity programmes.
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The Teachers’ Retirement System of Louisiana has shortlisted three firms for its $400 million large-cap value international equity mandate.
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The Municipal Fire and Police Retirement System of Iowa has terminated fixed-income firms, Aberdeen Asset Management and AllianceBernstein.
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Evergreen Capital, founded by ex-head of real estate at Goldman Sachs, has launched a hedge fund.
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Legal & General Investment Management America has announced the appointment to the newly created position of head of US Pension Solutions.
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MIT Investment Management’s co-head of private equity investing has quit.
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Sciens Capital Management has purchased the hedge fund business of Switzerland’s Partners Group.
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Fund managers believe high yield will offer the best risk-adjusted returns in 2010, says S&P
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Natixis Global Associates selects Citigroup to provide operational services
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Deutsche Bank (Malaysia) has rolled out a sharia-compliant fund service.
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Kansas Public Employees Retirement System has awarded a $200 million domestic high-yield fixed income mandate to Loomis Sayles.
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Carlyle Group’s Carlyle Global Financial Services Partners fund has raised $1.1 billion.
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State Street Global Advisors (SSgA) has opened an office in Seoul to tap Korea’s mutual funds market.
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Massachusetts Pension Reserves Investment Management board has awarded two mandates
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Declines in asset values, coupled with low interest rates that serve to increase the value of pension funds' long-term liabilities, had severe consequences on Canadian pensions' reported funding ratios, finds Greenwich Associates
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Santa Barbara County Employees’ Retirement System is seeking managers for a real estate separate account, active large-cap growth equities and intermediate US government fixed income.
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Seattle City Employees Retirement System (SCERS) is looking to start three manager searches.
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UK asset management firm, Silk Invest, will roll out a private equity fund.
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A Goldman Sachs buyout firm has acquired a minority stake in hedge fund.
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Japan’s Government Pension Investment Fund will not change its asset allocation model, with around two-thirds of its portfolio invested in government bonds.
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Korea Investment Corporation (KIC) is planning to raise the amount of money it allocates to alternative investments over the next three years.
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Legal & General will allow investors in a $1.5 billion fund to determine the amount of debt associated with their investments.
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Legalsuper has terminated four managers across various portfolios to rationalise the number of managers the fund has after its recent mergers.
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Pharos Financial Group will roll out two private equity funds in 2010, targeting to raise $350 million each.
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J.P. Morgan’s French unit has unveiled a Dublin-based Ucits III fund in partnership with asset manager.
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Illinois State Board of Investment is looking to invest $300 million in real estate this year.
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The endowment of Stanford University is seeking a CIO.
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The UK’s second-largest pension fund, the Universities Superannuation Scheme (USS), has awarded a $1 billion mandate.
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BNY Mellon Asset Management is shutting one of its three hedge fund-of-fund units.
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Two ex-Goldman Sachs executives have launched a hedge fund firm.
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The Shanghai government is planning a pilot scheme to make it easier for foreign investors to access local private equity funds.
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March
China has unveiled its trial programme for margin trading and short selling
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Short selling of global equities has fallen 38% over the past year
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J.P. Morgan has been mandated to expand mutual fund services provided to Nationwide Funds Group, the asset management business of Nationwide Financial Services.
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Jefferies Group is planning to launch two commodity ETFs and a mutual fund.
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Markit will provide liquidity metrics for all CDS, evaluated bonds, loans and ABS included in its pricing services
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Standard Chartered is offering a range of securities services to institutional investors in Vietnam
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The Financial Services Authority has proposed changes to its client asset rules
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Deutsche Bank's prime broker unit is hiring staff to attract business from hedge-fund start-ups in Asia
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European private equity fund manager, Platina Partners, has received total commitments of $282 million for its European Renewable Energy Fund.
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An ex-member of Bank of England’s monetary policy committee and GAM have partnered to set up a computer-driven futures fund.
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GAM plans to launch a UCITS III global systematic quant fund
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Milwaukee City Employees’ Retirement System is looking to invest in global equity and alternatives.
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A South Africa asset management firm has set up a $408 million farmland fund
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The UK Chancellor announced today in his Budget Report that HMRC will work with the industry to amend the fund-specific Schedule 19 Stamp Duty Reserve Tax regime.
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J.P. Morgan Asset Management has closed its Asia fund with over $900 million.
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State Street has begun pricing mandates for onshore investment managers in Japan
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Tennenbaum Capital Partners is looking to raise about $1 billion for a distressed debt fund.
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Managers of global bond funds are placing increased emphasis on capital preservation
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Illinois State Board of Investment, Chicago, has added four managers to its transition management pool.
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Bank of New York Mellon Asset Management and New Ireland Assurance have entered a fund distribution agreement
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Citi UK Fiduciary Services (CIP), part of the Global Transaction Services business, has signed a new agreement with a Edinburgh based asset manager
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AXA Investment Managers today announced that, subject to FSA approval, it plans to launch a new sub-fund.
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Two former Barclays Capitals credit traders, are launching a regulated hedge fund in Madrid.
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Lexington Partners has raised $3.1 billion for an interim close of its seventh fund.
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New Jersey State Investment Council will allocate $100 million each to two new hedge funds.
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Northern Trust has launched a new investment fund platform.
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San Diego County Employees Retirement Association (SDCERA) board is looking to outsource the duties of in-house investment management staff.
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Apex Fund Services is looking to open offices in three jurisdictions
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Texas Teacher Retirement System made its first allocation to agriculture.
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State Street has released its latest Vision paper examining the current challenges facing defined contribution (DC) pension systems
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BNP Paribas has been awarded a $6.89 billion global custody mandate
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Belgian private equity firm, Gimv, has closed its $839 million Gimv-XL fund.
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Sterling Group has raised $820 million for its third fund.
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The $67 billion pension fund of New Jersey may raise its hedge fund investments to protect against losses in the stock market
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The California Public Employees’ Retirement System is looking to commit $1.3bn in infrastructure investments.
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Intermediate Capital Group has named a successor to Tom Attwood
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Vanguard is adding to its family of 30 actively managed stock funds.
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AllianceBerstein has introduced of a new share class to its Global High Yield Portfolio
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Florida Retirement System is planning to commit $2-5 billion to hedge funds for a portable alpha strategy within its traditional public equity and fixed-income portfolios.
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Penson Worldwide today named a new chief executive officer of Penson Financial Services Ltd, its London-based clearing and execution services subsidiary.
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SL Capital Partners, Standard Life’s private equity funds manager, has raised about $865 million for its European Strategic Partners 2008 fund.
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At a time when turmoil and consolidation dominate the markets, Pierre Servant, chief executive of Natixis Global Asset Management, talks about his plans for expansion
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Gatemore Capital wins 'dedicated chief investment officer' role for DZ Bank London Branch Pension Plan
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Pierre-Henri Flamand, head of Goldman Sachs’ biggest internal hedge fund, is launching his own hedge fund firm.
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Illinois State Universities Retirement System (SURS) is seeking managers for its $2.75 billion fixed income portfolio.
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Atlantic Investment Management has started an Asia-focused hedge fund.
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Imbalances within international accounting standards was one of the big debates at the annual National Association of Pension Funds conference held in Edinburgh.
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Colombian pension fund, Proteccion, is looking to invest $1.3 billion in private equity by 2012
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The United Auto Workers VEBA will conclude an asset allocation/liability study in late March or April.
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BNY Mellon has agreed to acquire BHF Asset Servicing from BHF subject to regulatory approvals.
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Hennessee Group, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +0.96% in February.
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Capintro Partners has released the results of its second Middle East Hedge Fund Investor Survey for 2010.
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SEI has been selected by AlphaOne Capital Partners to provide a complete outsourcing solution, including middle and back-office services, for the firm’s portfolio of investment products.
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Baring Asset Management (Barings), the international investment management firm, has announced that five of its core offshore funds are now available on Cofunds.
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F&C is combining two of its core capabilities - emerging market equities and sustainable investment – by launching a new strategy that will give investors access to the growth potential of emerging economies.
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Cardano today announced its appointment by the Trustees of the £5bn E.ON UK Pension Scheme.
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Fund managers in the UK growth sector believe that global corporates will take advantage of the weak pound to fund acquisitions in 2010.
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Hedge Funds suffered a slump in January according to a report released by Morningstar.
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Fund services provider, Maples Finance, has extended its European service offering in Luxembourg
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2010 could prove to be a watershed year for the post-trade industry in Europe, with repercussions that may be felt throughout the world
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The Illinois Teachers' Retirement System has ended its contract with BlackRock.
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Abu Dhabi firm Invest AD is seeking $325 million from third party investors for a buyout fund.
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Citigroup has appointed Sanjiv Sawhney as global head of fund services for Citi’s Securities and Fund Services business
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February
Alaska Permanent Fund, Juneau, is planning to terminate 12 of its 17 external small-cap equity managers.
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Mexico’s pension funds will acquire a $200 million stake in a fund investing in private equity.
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Sprint Nextel 401(k) Plan has selected Northern Trust’s Northern Trust Focus Funds as an investment option
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Sprint Nextel 401(k) Plan has selected Northern Trust’s Northern Trust Focus Funds as an investment option
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The California Public Employees’ Retirement System (CalPERS) is looking to reduce the buyout firms it invests in.
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Carlyle Group is teaming up with Fosun to launch a renminbi fund
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Citigroup is in negotiations to sell its $4 billion hedge fund business.
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Close Fund Services has won a further mandate from M&G Investments
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KBL European Private Bankers has chosen Calastone’s cross-border transaction network to transact its funds
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The Scotia Capital Canadian Hedge Fund Performance Index outperformed global equities and broader hedge
fund indices both on an asset and equal weighted basis in January.
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Hedge fund managers are taking action in a bid to reduce their risk exposure, a study of the industry has found.
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Hennessee Group recently conducted a study examining the correlation between the breadth of equity market moves and the performance of long/short equity hedge funds relative to traditional indices.
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BNY Mellon has been appointed as fiscal agent for Westpac $1.2 billion of Samurai bonds
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J.P. Morgan this week hosted an opening ceremony for its new office in Abu Dhabi.
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Amati Global Investors today announced the appointment of a director to manage fund raising activity for the Noble AIM VCT.
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Michael Dell’s private investment firm is launching a new $500 million fund
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Standard & Poor’s Fund Services has assigned ratings to two Global GCC Funds.
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The co-head of the investment management unit at Goldman Sachs, is retiring at the end of the month
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ING Alternative Asset Management has been picked as collateral manager by investors
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CITIC Capital Holdings has closed its second China buyout fund.
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RBC Dexia has won a Luxembourg based custody mandate
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The Investment Management Association (IMA) is planning to introduce a new fund regime
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J. P. Morgan Asset Management has launched an Asian infrastructure fund
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While the events in Dubai during November took many fund managers in the Middle East by surprise, most seem positive going forward.
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Otkritie has hired two leading Russia and CIS market figures to its Financing Services Group
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January
BNY Mellon wins China Depositary mandate
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Ohio Public Employees Retirement System is looking to award high-yield mandates
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RBC Dexia Investor Services has unveiled a liability benchmarking tool for clients
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BNY Mellon has hired David Brown as vice president of its broker-dealer global sales in Hong Kong
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Morningstar, a provider of independent investment research, today reported preliminary hedge fund performance for the fourth quarter and year-end 2009.
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HSBC Securities Services has appointed Gina Slotosch as head of investor services within the Global Product Management team
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Northern Trust has won a mandate to provide a range of services
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AEGON's new pension fund service aims to actively mitigate against downside risk
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Credit Suisse has hired a new head for its Asia Pacific and emerging markets asset management business
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An S&P annual review of fund managers finds a returning risk appetite
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The hedge fund industry continued its recovery from the financial crisis of 2008, a leading provider of hedge fund industry data revealed today.
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BNY Mellon has been named transfer agent for the world's biggest business software firm
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The Hennessee Hedge Fund Index recorded large gains in the last decade.
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RBC Dexia is to service Canada’s first Ireland based UCITS fund
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Northern Trust has included counterparties for over-the-counter derivatives in its securities exposure reporting
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Institutional investors worldwide rank the current funding status of their pension plans, risk management, and continued volatility as the most significant challenges to achieving their future goals.
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The city of Montreal pension fund has re-hired RBC Dexia Investor Services
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Wells Fargo Funds Management and Evergreen Investment Management are planning mutual fund product offering changes.
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Citi’s Global Transaction Services business has won a new mandate from Wegelin & Co., the Swiss private bank which provides asset management for private and institutional clients
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Leonard Asset Management has appointed Gemini Fund Services to act as full-service hedge fund administrator
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Northern Trust has been appointed by FF&P Asset Management to provide custody and fund administration services.
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Bluenose Capital Management will roll out a Delaware-domiciled onshore version of its offshore Market Neutral Fund.
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Cambridge Massachusetts Retirement Board is seeking active domestic growth equity managers.
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Citigroup has unveiled an end-to-end service for European Union domiciled hedge funds.
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Citigroup First Investment Management (CFIM) has floated a new fund targeting greater China equities.
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Citi has been appointed as the Issuing and Paying Agent for the first Sukuk to be cleared through the central securities depositary of Nasdaq Dubai
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Newedge, a multi-asset broker and clearer, has appointed Laurent Cunin as head of Asia Pacific region, and Pierre Gay has been named global head of fixed income, currency and commodities
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Financier, Hugh Osmond, is looking to raise $804.4 million for a distressed asset fund.
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Hennessee Group, a consultant and adviser to direct investors in hedge funds, announced today that the Hennessee Hedge Fund Index advanced +2.27% in December (+24.85% YTD).
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Benchmark Plus Management has appointed Prime Fund Solutions to handle the administration, custody and financing services for the firm’s funds of hedge funds
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BNY Mellon has been appointed by Swiss Capital Alternative Investments to provide fund administration and custody services for its Irish domiciled fund of managed accounts
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BNY Mellon has been appointed by GLG's fund of hedge fund division to act as custodian and fund administrator for its entire fund of hedge fund business
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The average pension fund trustee will be looking at returns of 15%, while charity trustees will enjoy returns of around 19%.
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Advent Capital Management has chosen RBC Dexia IS for its Luxembourg-based Specialised Investment Fund
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BNY Mellon has hired Filippo Santilli as its first Asia-Pacific managing director of liquidity services
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BNY Mellon Asset Servicing has been selected by MKB Bank as global custodian for more than EUR725 million ($1 billion) in assets across 20 markets
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Custodians have always been serious about post-investment risks in local markets, but they need to use their knowledge and influence wisely.
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Intesa Sanpaolo last month agreed to sell its securities services business to State Street for about €1,750 million