ING Investment Management could go up for sale as part of parent ING Group's divestiture of its insurance business, according to ING spokesman Raymond Vermeulen.
Pacific Investment Management Co. LLC is planning to build active-equity-management capability, possibly by lifting an existing team from a rival firm, according to sources familiar with the company.
China's economic engine powers on, but some consultants and managers are becoming more cautious about investing in the Asian giant — at least in the short term.
Money managers owned by global investment banks are re-engineering their business models in response to mounting pressure to earn their keep.
Experts have said for years that emerging markets were breaking free of their lock-step movement with developed markets.
Pension fund executives around the world are putting their faith — and assets — into emerging markets to provide more investment bang for the buck.
Money managers are adding more arrows to their emerging-markets quiver as they anticipate institutional investor demand for such strategies to escalate.
