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Pension funds managed on behalf of black workers account for about one-fifth of the two insurers' business.
SECURITIES law makes it plain: America's mutual funds are to be managed on behalf of investors not the people who sell funds or advise fund managers.
The site, managed on behalf of EDF Energy, offers a highly distinctive collection of activities, games and community features.
Among the organisations to have registered these existing entitlements are the Duchy of Cornwall, managed on behalf of Prince Charles, and the Church of England.
For their part, many Japanese companies are returning huge parcels of stock they have managed on behalf of the government's public pension system.
But the extension of directors' duties seems guaranteed to confuse, especially as some of them conflict.The proposed duties are based on the notion that successful companies are also good corporate citizens, managed on behalf of "enlightened shareholders".
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"But we also believe we're very prudent financial managers because we are managing on behalf of somebody else".
It paid with £325m of the funds it manages on behalf of outside investors and with £500m it had borrowed.
The figure was disclosed in a letter that Marriott mailed last week to hotels it manages on behalf of separate owners.
The system is becoming much more complex and increasingly requires the routing capability of the central directory that NeuStar manages on behalf of all networks.
On Monday, Citi formally announced that it planned to retain the private-label card business, which it manages on behalf of companies like Home Depot and Sears, after telegraphing the decision for months.
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