Jim Simons, the « Michael Jordan » of finance retires
Jim Simons has officially announced his retirement, leaving the reins of "Medallion Fund" - without doubt one of the greatest performing management funds in history - in the hands of his two co-successors, Peter Brown and Robert (...)
CalPERS Announces $500 Million Infrastructure Partnership with UBS
The California Public Employees’ Retirement System (CalPERS) today announced a new $500 million global infrastructure partnership with UBS Global Asset Management (UBS). CalPERS will contribute $485 million to the newly formed company, while UBS will contribute $15 million (...)
Natixis Global Asset Management Funds $1 Million Investor Behavior Project at MIT
Investors worldwide are caught between a desire to achieve greater investment returns and an aversion to taking risk. To help individuals overcome these traditional investment challenges, Natixis Global Asset Management today announced a commitment to fund a three-year, $1 (...)
Deutsche Asset & Wealth Management standardizes names of investment products
Deutsche Asset & Wealth Management (DeAWM) is to standardize the names of its investment products under the ’Deutsche’ label. The change will align product names with DeAWM’s global brand identity and help investors identify the firm’s (...)
Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre (DIFC) as part of its ongoing commitment to the Middle East.