Frontlines
Neuberger Berman's research chief takes home top Fabozzi/Levy award
Wai Lee, a director of research at Neuberger Berman, won the top prize of $2,500 in the Bernstein Fabozzi/Jacobs Levy Awards for his article “Risk-Based Asset Allocation: A New Answer to an Old ...
February 06, 2012
Morningstar invests in retirement startup
Morningstar Inc. has invested $6.75 million in HelloWallet LLC, a Washington-based company that helps employees track their retirement savings, to become the 3-year-old startup's biggest owner...
February 06, 2012
Louisiana governor urges pension reform
Louisiana Gov. Bobby Jindal on Jan. 25 proposed pension reforms that would create a cash-balance plan for new state employees and merge two of the state's pension plans.
February 06, 2012
Global pension market hits $27.5T
Retirement assets in the 13 major global markets increased 4% to a record $27.5 trillion in 2011, according to Towers Watson's annual Global Pension Assets Study.
February 06, 2012
APG, ABN AMRO Bank debut DC fund platform
APG and ABN AMRO Bank on Jan. 31 launched Pensional, a defined contribution pension fund platform for the Dutch market, APG spokesman Franck Erkens said.
February 06, 2012
Alaska state workers might get DB again
A bill in the Alaska Senate would allow new public employees to choose to participate in a defined benefit or defined contribution plan.
February 06, 2012
Private equity industry counters GOP attacks
Wincing from the slings and arrows thrown by candidates for the Republican presidential nomination, the private equity industry — in the guise of the Private Equity Growth Capital Council...
January 23, 2012
ASPPA goes less formal in magazine makeover
The American Society of Pension Professionals & Actuaries has changed the name and design of its official publication to provide a broader range of material to reflect wider interests of its...
January 23, 2012
Portico looked to Scripture for its name
The Evangelical Lutheran Church in America Board of Pensions, Minneapolis, not surprisingly, looked to Scripture for its new name, Portico Benefit Services.
January 23, 2012
Memory of son drives Stephen J. Czech to find cure for rare cancer
Hedge fund manager Stephen J. Czech and his wife, Jennifer, are intent on finding a cure for a rare and deadly form of pediatric cancer that took the life of their son, James Michael, three years ago ...
January 23, 2012
MFA seeks end to ban on hedge fund advertising
If the Managed Funds Association has its way, hedge fund managers will be free to advertise and market their funds.
January 23, 2012
SEALs' approval given to Fortress with Patriot Award
Fortress Investment Group LLC was named the 2011 recipient of the Navy SEAL Foundation's Patriot Award, based on the alternative investment manager's charitable support for military and veterans'...
January 09, 2012
Using social media data as a trading indicator
If your New Year's resolution is to harness social media and really make it work for you, a collaboration between Gnip Inc. and StockTwits could provide an easier way to meet your goal.
January 09, 2012
Hedge fund manager has his eye on Dodgers
Ever alert for a good deal, hedge fund manager Steven Cohen will bid for the Los Angeles Dodgers.
January 09, 2012
Renaissance's Simons donates $150 million to SUNY Stony Brook
The donation from James Simons, founder of hedge fund manager Renaissance Technologies; his wife, Marilyn; and the Simons Foundation is the largest single gift in the history of the 64 schools in the ...