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February 2014

People Moves CalPERS Names Dan Bienvenue Senior Investment Officer for Global Equity

The California Public Employees’ Retirement System (CalPERS) has named Dan Bienvenue the Senior Investment Officer (SIO) for Global Equity, effective immediately.

February 2014

People Moves Nomura appoints David Hague as a Managing Director in its EMEA Debt Capital Markets business

Nomura, Asia’s global investment bank, today announced the appointment of David Hague as a Managing Director in its EMEA Debt Capital Markets (DCM) business. David will be responsible for FIG DCM with respect to Nomura’s financial institution clients across the UK and (...)

February 2014

People Moves Nomura Asset Management continues to strengthen its Emerging Markets Equity Team as investor appetite grows

Nomura Asset Management U.K. Ltd. (NAM UK) has appointed Nick Payne as a Latin American Portfolio Manager to bolster its coverage across the region.

February 2014

News CalPERS Adopts New Demographic Assumptions

The Board also adopted an asset allocation mix that lowers the CalPERS investment risk but largely keeps its investment strategy unchanged, holding the fund’s long-term assumed rate of return at 7.5 percent.

February 2014

Note Fitch: EU Asset Managers to Rationalise but M&A Spree Unlikely

European asset managers are set to rationalise further, but a widespread M&A spree is unlikely, Fitch Ratings says. Most managers may opt for less intrusive strategies, such as a reduction in the number of funds and cost-cutting, to tackle margin pressure in a fragmented (...)

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