E.I. du Pont de Nemours & Co., Wilmington, Del., plans to contribute $230 million to its principal U.S. pension plan in 2016, the company announced in its 10-K filing Thursday.
February 05, 2016 | 03:46 pm
New York City Mayor Bill de Blasio said he will present legislation to the New York City Council that would create a retirement plan for workers in businesses whose employers lack a retirement plan.
February 05, 2016 | 03:37 pm
The Arizona Senate on Thursday unanimously approved a bill that would change the cost-of-living adjustments for participants in the $8 billion Arizona Public Safety Personnel Retirement System,...
February 05, 2016 | 03:32 pm
West Virginia Investment Management Board, Charleston, trimmed two hedge fund manager allocations, said the $13 billion pension fund’s latest financial statement as of Dec. 31.
February 05, 2016 | 03:31 pm
Nomura Asset Management Co. stopped accepting investments into some money market funds, joining 10 other managers in suspending such accounts as the $14.1 billion industry grapples with the negative...
February 05, 2016 | 11:32 am
Robert W. Long was named president of small- and middle-market private equity firm Star Mountain Capital, Mr. Long said.
February 05, 2016 | 11:27 am
South Carolina Retirement System Investment Commission made major changes to the asset allocation of the $28.2 billion South Carolina Retirement Systems at a board meeting Thursday.
February 04, 2016 | 04:28 pm
ATP, Hilleroed, Denmark, returned 17.2%, or 16.5 billion Danish kroner ($2.4 billion), on its investment portfolio in 2015, buoyed by strong returns from its Danish equity allocation.
February 04, 2016 | 04:10 pm
Mesirow Financial is acquiring money manager Fiduciary Management Associates in a transaction that is expected to close on March 31, said Mesirow spokeswoman Debbie Krieps.
February 04, 2016 | 02:54 pm
Institutional asset owners in the Northern Trust Universe returned a median 2% in the fourth quarter, up from -4.6% in the third quarter, said data released Thursday.
February 04, 2016 | 02:45 pm
OM Asset Management reported $212.4 billion in assets under management as of Dec. 31, up 1.8% from Sept. 30 but down 3.8% from a year earlier, said OMAM’s earnings statement released Thursday.
February 04, 2016 | 01:19 pm
Ohio Bureau of Workers’ Compensation, Columbus, made follow-on commitments totaling $225 million to five open-end core commingled real estate funds in its $23 billion state insurance fund, said ...
February 04, 2016 | 12:00 pm
Euan Stirling was named head of stewardship and environmental, social and governance investment at Standard Life Investments, said a spokeswoman.
February 04, 2016 | 11:52 am
Marc Haynes joined Cohen & Steers as head of institutional sales and client service for Europe, the Middle East and Africa, said Stephen Dunn, executive vice president, global...
February 04, 2016 | 11:42 am
China on Thursday announced an expansion of its qualified foreign institutional investor program, aimed at providing overseas asset owners and money managers with broader access to the...