Latest News

Cornerstone Real Estate president to add CEO title

Scott D. Brown, global president of real estate money management firm Cornerstone Real Estate Advisers, is taking on the additional global role of CEO.

November 24, 2014 | 02:48 pm

NAPF: More U.K. pension funds screen money managers’ stewardship

Eighty percent of pension funds in the U.K. screen money managers for stewardship activity — that is, the active monitoring of and engagement with companies, as well as exercising their voting...

November 24, 2014 | 03:58 pm
Chicago teachers pension fund puts commodities search on hold

Chicago teachers pension fund puts commodities search on hold

Chicago Public School Teachers' Pension & Retirement Fund suspended its search for managers to run a total of $200 million in commodities after it selected three finalists as a result of an RFP.

November 24, 2014 | 02:33 pm
Rock-Tenn settles $249 million in obligations for lump-sum offer

Rock-Tenn settles $249 million in obligations for lump-sum offer

Rock-Tenn Co. announced Monday that it has settled $249 million in projected benefit obligations through a voluntary lump-sum offer to former employees who have yet to retire.

November 24, 2014 | 01:33 pm
San Diego County Employees closes door on outsourced CIO

San Diego County Employees closes door on outsourced CIO

San Diego County Employees Retirement Association board voted 8-1 to search for an internal chief investment officer, effectively terminating its outsourced CIO, Salient Partners.

November 24, 2014 | 01:46 pm
PBGC to finalize rollover rule

PBGC to finalize rollover rule

Participants in defined contribution plans can combine those assets with their defined benefit plans without exceeding federal guarantee limits set by the Pension Benefit Guaranty Corp., under a rule ...

November 24, 2014 | 03:25 pm

Cerulli: Target-date funds snagging larger share of 401(k) assets

Target-date funds will continue to grab more 401(k) assets, capturing 88% of new contributions to the plans and representing 34.6% of total 401(k) assets by the end of 2019, according to new research ...

November 24, 2014 | 02:37 pm

Hawaii Employees sets 2015 private equity goals

Hawaii Employees' Retirement System could commit between $250 million and $350 million to six to 10 private equity funds in 2015 as part of the pension fund's multiyear expansion of its private...

November 24, 2014 | 02:25 pm

Alcentra closes European direct lending fund at just over $1 billion

Alcentra Group’s European Direct Lending Fund held a final close of €850 million ($1.06 billion).

November 24, 2014 | 01:14 pm
Corporate Japan might take lesson from GPIF

Corporate Japan might take lesson from GPIF

The Government Pension Investment Fund's recent shift to more aggressive investment targets could be followed soon by significant reforms to Japan's corporate retirement system.

November 24, 2014

EU threat of soft-dollar ban still alive, raising questions for managers

The possibility of European regulations banning the use of soft dollars for third-party research is alive and well, despite talk in the U.K. and Europe that regulators would settle for something that ...

November 24, 2014
Popularity:  Way to explain performance

Popularity: Way to explain performance

Two well-known researchers are upending the fundamental standard of using a risk-and-return framework to explain relative performance of different asset classes and different securities.

November 24, 2014

U.S. is location, location, location for foreign buyers

U.S. real estate still attractive to foreign institutional investors.

November 24, 2014 | 12:01 am

Federal workers prep for retirement plan changes

Congress likely to seek contribution hikes to offset budget spending.

November 24, 2014 | 12:01 am
VRS starts

VRS starts "experiment' with strategic alliances

The $65.2 billion Virginia Retirement System, Richmond, is ready to join the growing ranks of public pension funds creating strategic alliances with external investment managers.

November 24, 2014