Barclays Global Investors has been awarded the largest fund mandate of 2005, gaining Skr39.1bn (€4.2bn) from Sweden's AP Fonden 1 state pension fund.

BGI now runs the fund's enhanced large-cap North American equities portfolio following a change to its four-year mandate. It previously ran Skr 12.6bn in European and North American stocks, but the fund has decided to run the European segment internally.

BGI awarded Europe's largest mandate of 2005

Brendan Maton

Barclays Global Investors

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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The S&P 500 and the Nasdaq composite both hit closing highs for a second straight session.

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Tricks of the trade gain new importance as 401(k) accounts open up to alternative investments.

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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