Managers are launching new open-end real assets funds as competition is increasing in most strategy types and firms that offer more investor-friendly fees and terms can be more competitive in searches, according to a new study.
The acquisition expands SageView’s presence on the East Coast by acquiring a mid-Atlantic based independent registered investment advisor that provides retirement plan consulting services to over 90 institutions and has more than $400 million in assets under advisement.
The association for municipal pensions has hired its first-ever cio to lead the investment strategy and portfolio management for its public employee retirement program.
The firm has appointed a managing director for the Middle East to help grow and expand its business in a region where it has also opened an office in an international financial center.