The money manager is starting its 40th anniversary year with a bang

GMO, the Boston asset manager co-founded by Jeremy Grantham, said it is starting 2017 with a new chief executive, new hires and new funds.

Scott Hayward, former chief executive of Quantitative Management Associates, a $116 billion investment manager owned by US insurer Prudential Financial, will become GMO's chief executive, according to a January 23 statement.

New chief executive and new funds for value mavens GMO

Samuel Agini

Prudential Financial

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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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US law firm hires private equity specialist from key client

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

Bank of England Cuts Rates After Tight Vote

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

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

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GMO appoints new chief executive

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