Fidelity commodity funds manager, Joe Wickwire, is to retire in the spring of 2019.
Nicholas Hall-Risko joins an eight-person investment team led by chief investment officer Robert Wedeking. He reports to Jonathan Barbato who heads up the firm’s manager selection .
Fred Alger Management is planning to launch a new Alger Mid Cap Focus fund for Amy Zhang.
Former Aberdeen Americas head Andrew Smith has teamed up with family office Spouting Rock to launch a new asset manager focused on finding top alternative managers.
The multi-manager oversaw $3.9 billion in long-only and fund-of-hedge-funds strategies.
UBS Global Wealth Management has filled its top gatekeeper role in addition to naming an interim leader of portfolio construction, as part of a wider series of home office appointments.
Your daily round-up of the latest fund launches, manager moves and strategy shifts.
Harvest Volatility Management is the 10th boutique purchased by Victory Capital.
MassMutual has been exploring a sale of the asset manager since August.
While iShares posted the the greatest inflows of $15.8 billion and Vanguard took in $8 billion, State Street Global Advisors saw about $8.2 billion in outflows.