Willis Group Holdings PLC, the world's third-largest insurance broker, and Towers Watson & Co., the world's fifth-largest investment consultant by assets under advisement, announced on Tuesday they...
June 30, 2015 | 09:16 am
GE Capital is selling its European sponsor finance business to Sumitomo Mitsui Banking Corp. Europe, a subsidiary of Sumitomo Mitsui Banking, for $2.2 billion.
June 30, 2015 | 04:12 pm
CarVal Investors closed its third credit fund, the $3 billion CVI Credit Value Fund III.
June 30, 2015 | 04:10 pm
United Church of Christ on Tuesday adopted a resolution calling for divestment from companies that profit from the Israeli occupation of the West Bank and Gaza, a measure that would affect the $3.3...
June 30, 2015 | 04:02 pm
The Financial Accounting Standards Board will develop guidance on how companies present the net periodic cost of pensions and other postretirement benefits on their income statements.
June 30, 2015 | 03:53 pm
Sun Life Financial on Tuesday announced it has agreed to buy LDI money manager Prime Advisors in a cash deal.
June 30, 2015 | 02:37 pm
Thomas J. Coleman joined Standard Life Investments as North America senior investment specialist.
June 30, 2015 | 02:35 pm
Ontario Teachers’ Pension Plan, Toronto, on Tuesday announced it has agreed to acquire Heritage Royalty LP from Cenovus Energy for C$3.3 billion ($2.67 billion) in cash.
June 30, 2015 | 01:28 pm
Average asset-weighted total plan costs for 403(b) plans dropped to 51 basis points in 2012, down from 59 basis points in 2009, said a report released Tuesday by the Investment Company Institute and...
June 30, 2015 | 10:03 am
Frederick Charles Conley, senior vice president of institutional DCIO sales at Fidelity Financial Advisor Solutions, died June 26. He was 54.
June 30, 2015 | 10:42 am
Philip Ling retired Tuesday as LaSalle Investment Management's co-CEO, Asia-Pacific.
June 30, 2015 | 06:15 am
Company stock has played the most prominent role in the investment menus of the largest corporate defined contribution plans, although DC consultants predict employer stock's influence will decline.
June 29, 2015
KKR has settled SEC charges that the alternatives investment firm had from 2006 to 2011 charged investors in its private equity funds for deals it pursued but did not consummate, the SEC order issued ...
June 29, 2015 | 04:25 pm
Alternative assets could grow to between $13.6 trillion and $15.3 trillion by 2020 from $7.9 trillion in 2013, a PricewaterhouseCoopers report released Monday predicts.
June 29, 2015 | 03:37 pm
The Supreme Court on Monday declined to review a “reverse stock-drop” case brought by fiduciaries of the R.J. Reynolds Tobacco Co. 401(k) plan hoping to undo a lower court ruling that...