Hints and tips:
...Peloton offered Barry McCarthy a package it valued at $168mn to woo the former finance chief of Netflix and Spotify out of retirement and become its new chief executive, the FT’s Patrick McGee reports, a...
...In 2018, he became the company’s third CEO since Bogle’s retirement. The company is now transforming itself into a broader wealth manager with a big move into financial advice as well....
...A decade on, Aviva, Voya and Prudential have all sold blocks of policies to Rowan’s team....
...It is a view echoed by Nell Minow, vice-chair of ValueEdge Advisors and a co-founder of ISS....
...That deal — between retirement specialist Voya Financial, the private equity group Apollo Global, and the insurance roll-up Athene Holding — was a genuine win/win/win, and it explains why asset managers...
...Variable annuities are tax-advantaged retirement savings products in the US....
...But there is never a shortage of founders looking for foreign money to pad their retirements....
...Mr Astley previously worked for State Street Global Advisors, the investment arm of the US bank....
...• WisdomTree, the $40bn US exchange traded fund manager, has hired Christina Cryer as head of US consultant relations and Nate Miles as head of US retirement solutions....
...State Street Global Advisors has appointed Ronald O’Hanley (pictured) as president and chief executive....
...Vanguard entered the fray in May, although the $3.1tn investment giant does not call its Personal Advisor Services a robo adviser, but rather a “hybrid” advice model....
...County Employees Retirement Association....
...Richard Bernstein is the chief executive and chief investment officer for Richard Bernstein Advisors LLC...
...●State Street Global Advisors has appointed Helen Copinger-Symes as head of consultant relations....
...For pension fund managers in charge of people’s retirement plans, hedge funds have promised salvation: equity-like returns with low bond-like volatility....
...Eleanor Hope-Bell, head of the State Street Global Advisors’ UK intermediaries business group, says SSgA has seen a spike in the use of ETFs by both asset managers and hedge funds....
...Scott Ebner, global head of product development and research at State Street Global Advisors, says some observers describe the US ETF market as mature but it is still in a growth phase....
New funds
...“Asset managers are looking more at what is being required non-financially,” says Roland Meerdter, founder of consultancy Propinquity Advisors....
...“A rigid retirement age does not appear to be appropriate,” VW says. As he presides over VW’s AGM today, Mr Piëch will doubtless be grateful....
...Mr Bedford, 56, regarded by peers as one of the hedge fund industry’s most seasoned macro traders – and one of Moore’s most senior employees – is taking early retirement, according to people familiar with...
...million in investments in Quadrangle from the New York State Common Retirement Fund (“CRF”)....
...Mr Mc Nelis joins from Pyramis Global Advisors, where he was head of global distribution....
...Institutions that invest in ETFs include the Arizona Public Safety Personnel Retirement System, the Texas Teachers Retirement System and the New Jersey Public Employees’ Retirement System....
...State Street Global Advisors plans to deepen its roots in Asia by planting more key executives in the region....
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