Latest News

PIMCO settles with SEC over Gross-run ETF performance and valuation issues

PIMCO settles with SEC over Gross-run ETF performance and valuation issues

PIMCO will pay $20 million and hire an outside compliance consultant to settle charges that it misrepresented the performance of its Total Return ETF, the Securities and Exchange Commission said...

December 01, 2016 | 05:26 pm

Courtland Partners founder, managing principal dies at 56

Michael J. Humphrey, 56, founder and managing principal of real assets consulting firm Courtland Partners, died earlier this week.

December 01, 2016 | 05:06 pm
Texas County & District sets $2 billion for 2017 private investments

Texas County & District sets $2 billion for 2017 private investments

Texas County & District Retirement System will commit as much as $2 billion to private investment asset classes in 2017.

December 01, 2016 | 03:57 pm
Illinois governor vetoes funding bill for Chicago teachers pension fund

Illinois governor vetoes funding bill for Chicago teachers pension fund

Illinois Gov. Bruce Rauner on Thursday vetoed a bill to improve funding at the $9.5 billion Chicago Public School Teachers’ Pension & Retirement Fund with an additional $215 million state...

December 01, 2016 | 02:51 pm

RobecoSAM names new CEO

Aris Prepoudis was named CEO of RobecoSAM.

December 01, 2016 | 02:48 pm
SEC says appeals court should take on pension fund lawsuit against exchanges

SEC says appeals court should take on pension fund lawsuit against exchanges

The SEC said a federal appellate court should consider an appeal of a lower-court ruling in a suit filed by investors, including three pension funds, that claimed exchanges favor high-frequency...

December 01, 2016 | 03:27 pm

Panasonic dials up lump-sum offer to former employees

Panasonic Corp. of North America, Newark, N.J., offered a lump-sum window to some former employees in its pension plan.

December 01, 2016 | 02:41 pm
LIMRA: Corporate pension buyouts soar in third quarter

LIMRA: Corporate pension buyouts soar in third quarter

U.S. corporate pension plan buyouts reached $5.9 billion in the third quarter of 2016, a LIMRA Secure Retirement Institute sales survey found.

December 01, 2016 | 01:45 pm

Axioma launches multiasset-class risk tool

Risk solutions provider Axioma has launched the Multi-Asset Class Risk Monitor, a weekly report highlighting market and portfolio risk trends and how those impact multiasset-class portfolios,

December 01, 2016 | 01:16 pm

Fund Evaluation Group buys Larry Thompson & Associates

Fund Evaluation Group acquired Dallas-based investment consulting firm Larry Thompson & Associates.

December 01, 2016 | 12:23 pm
Allianz Global Investors to acquire U.S. credit manager Sound Harbor Partners

Allianz Global Investors to acquire U.S. credit manager Sound Harbor Partners

Allianz Global Investors announced it will acquire New York-based private credit manager Sound Harbor Partners, a spokeswoman confirmed.

December 01, 2016 | 11:58 am
Canadian Bank Note insures longevity risk with Canada Life

Canadian Bank Note insures longevity risk with Canada Life

Canadian Bank Note Co., Ottawa, entered into an agreement with Canada Life Assurance to assume C$35 million ($26 million) in longevity risk for its 200 retirees.

December 01, 2016 | 12:15 pm

Nevada deferred compensation plan looking to add smidcap value equity option

Nevada Public Employees’ Deferred Compensation Program is conducting a shortlist search for a domestic smidcap value equity fund.

December 01, 2016 | 11:46 am
Fidelity: Institutional investors looking to increase alts, bonds over next 2 years

Fidelity: Institutional investors looking to increase alts, bonds over next 2 years

Global institutional investors are expecting to make more asset allocation changes in the next one to two years than in 2012 and 2014, according to the results of Fidelity Investments' Global...

December 01, 2016 | 12:01 am
MassPRIM pays $1.5 billion to private equity managers over 5 years but gained $4.7 billion

MassPRIM pays $1.5 billion to private equity managers over 5 years but gained $4.7 billion

Massachusetts Pension Reserves Investment Management Board, Boston, paid $1.5 billion in fees to private equity managers over the past five years, according to a memo to the board from the $62.7...

November 30, 2016 | 04:26 pm