Nicolas Moreau will become ceo of HSBC Global Asset Management in September.
The MSCI Emerging Markets Index is down 11% from its recent highs, putting it in correction territory.
The collective unfunded pension tab for more than 600 downstate and suburban Illinois public safety funds grew by $1 billion to $11 billion, with the funded ratio recording its first decline since 2010, according to the latest figures submitted by the funds.
A city deferred compensation plan in the Southwest has concluded a search for its first investment consultant
A West Coast pension plan is scheduled to begin a search for international small-cap equity managers later this month.
A county deferred compensation plan in California has concluded its search for a domestic mid-cap value equity manager.
A pension plan in the Great Lakes region has made some structural changes to its emerging manager program.
Fed interest rate cuts raise prospect of a bigger push into riskier assets.
The State of Connecticut Treasurer’s Office has appointed Kevin Cullinan as its first chief risk officer.
A Florida-based authority’s finance committee will recommend selection to full board on Aug. 21.