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Record keepers hit by revenue decline
By Doug HalonenRecord-keeping revenue for defined contribution plans took a major hit during 2008, plummeting about 30%, according to a survey by NEPC.
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Hedge fund managers make it three quarters in a row of upside
Hedge fund managers retained their gains and posted respectable returns for the third straight quarter. All 22 of the hedge fund and fund-of-funds strategies tracked by Morningstar Inc. turned in positive average performance for the three months ended Sept. 30.
By Christine Williamson View moreEditor’s Pick
Wilshire pushing CalPERS to stiffen disclosure penalties
CalPERS should severely penalize money managers who do not disclose fees they've paid to placement agents to get business from the plan, the $196.6 billion system's investment consultant is recommending.
By Randy Diamond and Arleen JacobiusLATEST HEADLINES:
- New Hampshire picks new investment director (1 of 10)
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- Morgan Stanley moves real estate business unit (3 of 10)
- Invesco Powershares CEO Bruce Bond stepping back (4 of 10)
- Aberdeen replaces Bramdean Asset (5 of 10)
- Low-return environment tops endowment concerns, surv... (6 of 10)
- Bornhoft Group hires new partner (7 of 10)
- Rockwell Automation contributes (8 of 10)
- RiskMetrics lengthens CEO evaluation period (9 of 10)
- Risk managers most worried about financial regulatio... (10 of 10)
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McGuire adds research duties at Hammond
Carla C. McGuire, who joined investment consultant Hammond Associates in March as principal of CIO services, is taking on the additional title of director of research.
By Douglas AppellOklahoma PERS taps Tillberg as CIO
Brad Tillberg was named CIO of the $5.8 billion Oklahoma Public Employees Retirement System.
By Timothy InklebargerThree executives were promoted at consulting firm LCG Associates Inc.
By Rob KozlowskiBlog Bank
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International
U.K. newspaper scheme selects consultant, actuary
Midland Independent Newspapers Pension Scheme, Birmingham, England, hired JLT Benefit Solutions as investment consultant and actuary.
By Drew CarterConsultant, adviser on North Yorkshire radar
North Yorkshire County Council Pension Fund, Northallerton, England, issued RFPs for an investment consultant and an independent investment adviser.
By Thao HuaHymans Robertson names managing partner
James Entwisle was named managing partner at Hymans Robertson.
By Drew Carter View more
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