Jul 11 2011 | 8:57am ET
The world’s largest money managers looked after alternative assets worth almost $1 trillion ($952 billion) for pension funds in 2010, according to new research from Towers Watson in conjunction with the Financial Times. The 2010 total represents growth of 16% over 2009.
The survey showed that 46% of alternative assets managed on behalf of pension funds in 2010 were invested in North America, 37% in Europe and 13% in the Asia Pacific region.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…