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 (...)
Jean-François Baralon, Head of finance and operations and a member of the executive committee, is appointed Deputy Chief Executive Officer, Natixis Asset Management. Christine Lacoste, previously Head of Marketing, is appointed Head of networks and distribution support (...)
Mohamed El-Erian, Chief Executive Officer and Co-Chief Investment Officer of PIMCO, today has resigned from his functions effective mid-March and will leave PIMCO at the same time.
PIMCO Hires Virginie Maisonneuve as Managing Director and Global Head of Equities Portfolio Management
PIMCO, a leading global investment management firm, has hired Virginie Maisonneuve as Managing Director, Global Head of Equities and Portfolio Manager. She joins PIMCO from Schroders Plc, where she most recently served as Head of Global and International (...)
Fitch: Man Group’s M&A Strategy May Boost Scale, Diversification
Man Group’s deal to acquire Pine Grove is part of a selective acquisition strategy that may boost the firm’s diversification and scale, Fitch Ratings says.
CalPERS Board Approves Pension Beliefs to Guide Pension Fund Practices and Decisions
The California Public Employees’ Retirement System (CalPERS) Board of Administration today adopted a set of Pension Beliefs that articulate the Pension Fund’s views on public pension design, funding and administration.
CalPERS Achieves $12.75M recovery from Ernst & Young LLP
The California Public Employees’ Retirement System (CalPERS) announced today that it had reached a $12.75 million settlement with Ernst & Young LLP (E&Y), the former auditor for Lehman Brothers (Lehman) with respect to claims arising out of CalPERS purchases of Lehman (...)
CalPERS Investment Office Cuts Expenses for Two-year Period, Tops Peer Benchmark in Cost Survey
The California Public Employees’ Retirement System (CalPERS) today reported that costs for its investment operations have declined by approximately $80 million for the two-fiscal-year period from 2011-2013. CalPERS also reported that it was found to be "cost-advantaged" in a (...)
Robeco is pleased to announce that it has been accepted as an independent participant by the United Nations Global Compact, after participating via Rabobank Group for more than ten years.