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More investors turning to bond ETFs to combat trading challenges — survey

More institutional investors are increasing their usage of bond exchange-traded funds due to a challenging trading environment and a need for liquidity, a Greenwich Associates survey said.

September 22, 2016 | 03:38 pm

Moody's: California fee-disclosure law credit positive for pension funds, negative for managers

California's passage of a new law requiring greater disclosure of alternative investment fees is a credit positive for the state's pension funds and a credit negative for alternative money managers,...

September 22, 2016 | 03:13 pm

University of Pennsylvania's endowment returns -1.4%

University of Pennsylvania's endowment returned -1.4% for the fiscal year ended June 30.

September 22, 2016 | 03:09 pm
Preqin: Hedge fund managers haven't dropped fees much despite investor pressure

Preqin: Hedge fund managers haven't dropped fees much despite investor pressure

Despite pressure on hedge fund fees, institutional investors report that over the past year, hedge fund managers have made few concessions.

September 22, 2016 | 02:45 pm
U.S. presidential election takes center stage at Canadian conference

U.S. presidential election takes center stage at Canadian conference

The U.S. presidential election's perceived impact on market volatility was front and center during a session Thursday at the Association of Canadian Pension Management conference in Charlottetown,...

September 22, 2016 | 11:51 am
OECD warns of slower growth globally and specifically in U.K., eurozone, U.S.

OECD warns of slower growth globally and specifically in U.K., eurozone, U.S.

The Organization for Economic Cooperation and Development downgraded global and regional growth forecasts for this year and 2017, warning that a low-growth trap has taken root.

September 22, 2016 | 11:34 am

AXA IM's real assets business buys real estate boutique Eureka

AXA Investment Managers’ real assets unit acquired Eureka Funds Management, a Sydney-based manager of core real estate assets with A$5 billion ($3.7 billion) in assets under management, said...

September 22, 2016 | 05:06 am

FountainVest Partners closes third China-focused fund at $2.1 billion

FountainVest Partners, a Hong Kong-based private equity firm investing in consumer-focused companies on the mainland, announced the closure of its third fund, FountainVest China Capital Partners Fund ...

September 22, 2016 | 12:09 am
Boston University to avoid coal, tar sands oil investments

Boston University to avoid coal, tar sands oil investments

Boston University's board of trustees has approved a strategy to avoid investing in companies that extract coal and tar sands oil.

September 21, 2016 | 01:38 pm
New York State Teamsters submits benefit reduction plan to Treasury Department

New York State Teamsters submits benefit reduction plan to Treasury Department

New York State Teamsters Conference Pension and Retirement Fund applied to reduce benefits under the Multiemployer Pension Reform Act of 2014.

September 21, 2016 | 03:24 pm

Oaktree's head of credit strategies to leave at end of year

Scott Graves, managing director and head of credit strategies at Oaktree Capital Management, is leaving the alternatives investment firm at the end of the year to pursue other opportunities.

September 21, 2016 | 12:51 pm
Leon Cooperman, Omega Advisors charged with insider trading

Leon Cooperman, Omega Advisors charged with insider trading

Leon G. Cooperman and Omega Advisors were charged with insider trading by the Securities and Exchange Commission on Wednesday.

September 21, 2016 | 02:18 pm
DC plan investment fees fall 4 basis points in 2015, NEPC survey finds

DC plan investment fees fall 4 basis points in 2015, NEPC survey finds

Defined contribution plan investment fees continue to fall, reaching 42 basis points in 2015 vs. 46 basis points in 2014, according to an annual survey by consultant NEPC, published Wednesday.

September 21, 2016 | 12:15 am
New Zealand Super reports 1.89% gain for financial year

New Zealand Super reports 1.89% gain for financial year

New Zealand Superannuation Fund reported a 1.89% investment gain for its financial year ended June 30, lifting the value of its portfolio to NZ$30.1 billion ($21.4 billion).

September 21, 2016 | 09:40 am

Senate committee approves funding for mine workers, eyes vote on retirement plan changes

The Senate Finance Committee on Wednesday approved legislation to free up federal funds to help the $4.4 billion United Mine Workers of America 1974 Pension Plan, Washington, which is severely...

September 21, 2016 | 03:07 pm