Industry News
A foundation in a Midwestern state has named a new president.
Managers now favor lower-cost funds and share classes due to falling fees.
The hire will oversee the manager’s sustainable investment team.
An investment advisory firm has acquired a wealth management firm.
The hire will assist with portfolio review and financial planning.
A firm has hired a director of investment stewardship for its ESG team.
AEW Capital Management Senior Portfolio Manager Mike Byrne has been named cio in North America.
Investment managers are concerned both with controlling costs in volatile conditions and with expansion into new markets, according to a recent survey from Northern Trust Corporation.
Polen Capital has appointed Mike Guarasci as coo and Kevin Dolsen as head of distribution.
A new venture capital fund-of-funds has been launched by former members of Adams Street Partners.