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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.
Tarrant, the founder of Protege Partners, died of a brain tumor, Reuters reports.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
A Western state plan is considering altering its portfolio along with changes to its investment manager roster at its board meeting today.
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.
Rockefeller Capital Management is adding two senior advisors to advise the firm on creating long-term strategic solutions for clients, institutions and communities.
A Mississippi 529 plan recently rehired its investment consultant and third-party records administrator for its trust fund.
A foundation in Pennsylvania has added investments with two managers and another with a local public utility company.
A Rhode Island fund overseeing the state’s system of public higher education hired a firm to provide employee benefits consulting services for its retirement plans.