Oklahoma PERS to seek TIPS manager
By Timothy Inklebarger November 20, 2009Oklahoma Public Employees Retirement System, Oklahoma City, will issue an RFP for a TIPS manager in the coming weeks, confirmed Tom Spencer, executive director of the $5.7 billion system.He said...
FRR picks 6 to run €4 billion in bonds
By Drew Carter November 20, 2009Fonds de Reserve pour les Retraites, Paris, hired six managers to run a combined €4 billion ($6 billion) in euro-denominated inflation-linked bonds, according to the €28.8 billion...
North Carolina eyes in-state private equity investment
By Doug Halonen November 19, 2009North Carolina Retirement Systems, Raleigh, issued an RFP for a private equity manager to run up to $250 million in an economically targeted fund for “investment opportunities with significant...
Tennessee assigns $25 million to Draper Fisher fund
By Christine Williamson November 18, 2009Tennessee Consolidated Retirement System, Nashville, committed $25 million to Draper Fisher Jurvetson Fund X, according to Lamar Villere, director of private equity. The commitment is the...
Boeing preps $1.7 billion in hedge fund searches
By Barry B. Burr November 18, 2009Boeing Co., Chicago, plans to search early next year for direct hedge funds to invest almost $1.7 billion, said Andrew Ward, CIO.The searches will begin after officials at the $43.6 billion...
U.K. agency seeks risk managers
By Thao Hua November 17, 2009Britain’s Asset Protection Agency issued an RFI for “a panel of risk and transaction advisory firms,” which can include money managers, to help manage a portfolio of high-risk debt...
Maryland on lookout for private equity, real estate consultants
By Doug Halonen November 17, 2009Maryland State Retirement and Pension System, Baltimore, issued RFIs for private equity and real estate consultants, said Robert Burd, the $32 billion system's managing director.The contract with ...
CDC commits to pension ‘buy-in’ with Rothesay Life
By Drew Carter November 17, 2009CDC Pensions Scheme, London, committed its £370 million ($619 million) in assets to a pension “buy-in” with Rothesay Life, CDC spokeswoman Miriam de Lacy confirmed.In the deal, ...
Celestica taps Mercer as fiduciary manager
By Drew Carter November 16, 2009Updated Nov. 17, 2009Celestica (UK) Pension Plan, Manchester, England, hired Mercer to run its entire £100 million ($167 million) in assets in a fiduciary management mandate,...
Connecticut seeks stable value, target-date managers
By Douglas Appell November 16, 2009The state of Connecticut issued RFPs for an investment manager to run a $1.1 billion stable value fund for the state’s 457 and 403(b) plans and its Alternate Retirement Program, and an...
MassMutual forges deal with Ironworkers district
By Timothy Inklebarger November 16, 2009Ironworkers District Council of Southern Ohio & Vicinity Annuity Trust, Vandalia, Ohio, hired MassMutual Retirement Services as bundled service provider of its $243 million Taft-Hartley...
Nestle picks Northern Trust for global custody
By Thao Hua November 16, 2009Nestle Capital Advisers hired Northern Trust to provide global custody for two cross-border pooled funds it runs, according to NCA CEO Jean-Pierre Steiner.NCA — Nestle’s...
McCain goes with State Street for custody
By Timothy Inklebarger November 13, 2009McCain Foods Ltd., Toronto, picked State Street Corp. to provide global custody, accounting, benefit payments and investment analytics for its combined C$300 million (US$286.4 million)...
Pictet taps MetWest as subadviser
By Douglas Appell November 12, 2009Pictet & Co. hired Metropolitan West Asset Management to subadvise a U.S. high-yield mutual fund for European investors, a Pictet spokeswoman confirmed. In a statement issued today, MetWest...
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