Alternative investment platform NorthRock Funds has unveiled a multi-manager vehicle which aims to offer institutional investors access to what it calls “high potential” emerging hedge fund managers running a range of innovative and niche investment strategies.
Canadian ETFs generated net inflows of $1.8 billion in July, a nine-month low, as a BlackRock bond fund appeared to suffer a large withdrawal by an institutional investor, according to National Bank of Canada.
A longtime multimillion-dollar donor to the University of Colorado Foundation says the foundation invested its funds so poorly over the past decade that it’s shorted itself and the university.
Outsourced cio Hirtle Callaghan has hired a director of client engagement to focus on building new relationships with mission-driven nonprofit organizations, especially endowments and foundations addressing education, healthcare and societal support.
Natixis Investment Managers has appointed a global head of sustainable investing to drive its ESG commitments across its distribution network; its affiliate managers and as part of industry-wide initiatives.