Fidelity Investments is becoming aggressive in the low-cost battle against index fund giant Vanguard Group.
December 04, 2013 | 04:17 pm
Tim Stringer will join Frontier Advisors next month as senior consultant, property sector research and advice.
December 04, 2013 | 11:37 am
Passage of the Illinois pension reform bill has drawn the ire of public unions, while organizations of large employers are throwing their support behind the bill.
December 04, 2013 | 03:02 pm
Jay Fewel, senior investment officer at the Oregon State Treasury who is responsible for Oregon Public Employees Retirement Fund's $21.3 billion private equity portfolio, will...
December 04, 2013 | 04:13 pm
BlackRock CEO Laurence D. Fink, who last year said he would invest 100% of his personal wealth in equities, said pension funds won't meet their liabilities unless they put more money in stocks.
December 04, 2013 | 04:09 pm
The largest U.S. public retirement systems had an aggregate 0.9% growth in assets in fiscal year 2012, but a 4.1% growth in liabilities, according to the Public Fund Survey released Wednesday.
December 04, 2013 | 04:01 pm
North Carolina Retirement Systems, Raleigh, returned 4.89% in the third quarter of 2013, with positive returns in all asset classes.
December 04, 2013 | 01:43 pm
Joshua Glaser was named a director and head of private equity for Deutsche Asset & Wealth Management's global client group, while Brian Chiappinelli joined DeAWM as...
December 04, 2013 | 02:02 pm
Detroit was officially deemed bankrupt by Judge Steven W. Rhodes in U.S. Bankruptcy Court in Detroit on Tuesday.
December 03, 2013 | 01:56 pm
The Illinois General Assembly approved a wide-ranging pension reform bill Tuesday aimed at saving $160 billion over the next 30 years and bringing the state-administered plans to 100% funding by 2045.
December 03, 2013 | 05:47 pm
George Meyer III resigned Monday as chief investment officer of the $1.6 billion Louisiana School Employees' Retirement System.
December 03, 2013 | 05:23 pm
MSCI on Tuesday unveiled a new set of multifactor indexes to enable investors to get the long-term risk and return exposure of active management in a passive way.
December 03, 2013 | 03:54 pm
The funded status of U.S. corporate defined benefit plans continued rising in November, reaching levels not seen in five years, according to monthly reports from Mercer and BNY Mellon Investment...
December 03, 2013 | 03:38 pm
Kenneth D. Brody, co-founder of event-driven hedge fund manager Taconic Capital Advisors, will retire from the firm on Jan. 1.
December 03, 2013 | 02:59 pm
More than 70% of absolute-return funds posted positive returns in 2012 and 2013 as the strategies continue to pick up assets, according to a spotlight report from Fitch Ratings.