Latest News

University of California to plan private equity stake sale

The Regents of the University of California is looking to sell about $500 million in older private equity fund stakes after valuations of the holdings jumped, according to two people with knowledge...

September 17, 2014 | 04:16 pm

PIMCO’s emerging markets equity portfolio manager leaves

Maria “Masha” Gordon left PIMCO as head of the firm’s emerging markets.

September 17, 2014 | 03:52 pm

Chicago Laborers’ picks Chicago Muni CIO as new executive director

strong>Michael P. Walsh was named executive director of the $1.4 billion Chicago Laborers’ Annuity & Benefit Fund, effective Oct. 1.

September 17, 2014 | 03:36 pm
Plumbers & Steamfitters union sues over AbbVie, Shire merger

Plumbers & Steamfitters union sues over AbbVie, Shire merger

Plumbers & Steamfitters Local 60 Pension Plan, Metairie, La., filed a class-action lawsuit on Monday against AbbVie Inc., several AbbVie executives and Shire PLC regarding the combination of the two...

September 17, 2014 | 01:31 pm
Ontario Teachers acquires remaining 50% share of Bristol Airport

Ontario Teachers acquires remaining 50% share of Bristol Airport

Ontario Teachers' Pension Plan said Wednesday it will become the sole owner of Bristol International Airport in England after agreeing to buy the 50% share held by Macquarie Group.

September 17, 2014 | 12:34 pm

Old Mutual Global Investors adds head of Asian equities

Joshua Crabb will join Old Mutual Global Investors as head of Asian equities, effective Oct. 1.

September 17, 2014 | 10:48 am
Maryland pension fund seeking firm to recruit CIO

Maryland pension fund seeking firm to recruit CIO

Maryland State Retirement & Pension System is searching for an executive search firm to find a new chief investment officer for the $45.7 billion pension fund.

September 17, 2014 | 10:43 am
Minnesota College Savings Plan boosts investment options

Minnesota College Savings Plan boosts investment options

Minnesota College Savings Plan added seven investment options, all managed by TIAA-CREF.

September 17, 2014 | 09:56 am
CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is the first large institutional investor to completely eliminate hedge funds from its portfolio.

September 16, 2014 | 04:14 pm

BlueBay Asset names macro alternatives strategy director

Wike Groenenberg was named alternatives strategy director, macro, at BlueBay Asset Management.

September 16, 2014 | 02:47 pm

World Economic Forum provides road map for impact investing

Institutional investors run the risk of underperforming in the long run by overlooking non-financial data in their investment decision-making, said a report issued Tuesday by the World Economic Forum,...

September 16, 2014 | 01:40 pm

Think tank proposes new, minimum pension plan

Employers should be required to offer a minimum pension and contribute a minimum of 50 cents per hour worked for every employee into a retirement plan, said a report released Tuesday from Third Way,...

September 16, 2014 | 03:55 pm
University of Minnesota endowment returns 20.4%

University of Minnesota endowment returns 20.4%

University of Minnesota returned 20.4% for the 12 months ended June 30, the end of its latest fiscal year.

September 16, 2014 | 05:23 pm
MIT’s endowment posts 19.2% return

MIT’s endowment posts 19.2% return

Massachusetts Institute of Technology’s endowment posted a 19.2% return and was valued at $12.42 billion for the fiscal year ended June 30.

September 16, 2014 | 05:06 pm
Charles Valdes, former CalPERS trustee, dead at 74

Charles Valdes, former CalPERS trustee, dead at 74

Charles P. “Chuck” Valdes, a former board member with the $298 billion California Public Employees' Retirement System, has died.

September 16, 2014 | 02:31 pm