Industry News
The firm has appointed a managing director and fixed-income specialist.
The plan’s cio and internal investment committee will be authorized to handle manager hires and terminations with some parameters/constraints.
The investment firm returned client assets as of April 30.
The new actively managed high yield bond exchange-traded fund aims to maximize current income with a secondary goal of capital appreciation and the strategy will invest at least 80% of its net assets in U.S.-dollar-denominated high-yield corporate bonds.
The firm has converted two of its mutual funds into actively managed exchange-traded funds to bolstering its ETF platform.
The foundation is searching for eight investment-related positions, including managing directors of investments, directors of investments and senior portfolio managers, as part of the build out of its investment team.
The outsourced cio has appointed the cio of a midwestern university endowment to its advisory board on the heels of hiring a new director.
The endowment has launched its search for its next president and ceo after its previous head left the institution following nearly two years of service.
The firm has hired a head of registered investment advisor distribution to lead business strategy, distribution and product development efforts within its RIA channel.