Credit managers continue to believe credit defaults will increase over the next 12 months, although the overall sentiment is improving, according to the latest quarterly survey from the International ...
January 19, 2017 | 06:00 am
The Federal Reserve expects to raise short-term interest rates several times a year until 2019, which should allow rates to reach a sustainable rate of about 3%, Chairwoman Janet Yellen said Wednesday.
January 18, 2017 | 05:45 pm
The Department of Labor issued guidance on how its fiduciary rule will apply to investment advice provided to participants in 401(k) plans and people who have IRAs, and other retirement savings...
January 18, 2017 | 02:49 pm
Rockwood Capital closed its latest real estate fund, Rockwood Capital Real Estate Partners Fund X, at its $1.1 billion hard cap.
January 18, 2017 | 03:54 pm
Rich Robben was named interim chief investment officer at Kentucky Retirement Systems, Frankfort, replacing David Peden, effective immediately.
January 18, 2017 | 03:29 pm
Julia Szlakowski was named institutional director-unlisted, Americas, at AMP Capital.
January 18, 2017 | 02:53 pm
Northern Trust Corp.'s assets under management totaled $942.4 billion as of Dec. 31, flat from the three months ago, but up 8% from the Dec. 31, 2015.
January 18, 2017 | 02:45 pm
State Street Corp. will pay a combined $64.6 million to the Department of Justice and the SEC to settle criminal and civil charges that the custody bank charged secret commissions on transition...
January 18, 2017 | 02:26 pm
Workers Compensation Board of Manitoba, Winnipeg, is seeking a director of investments for its C$172 million ($130 million) retirement plan and C$1.6 billion accident fund.
January 18, 2017 | 02:02 pm
The Pensions and Lifetime Savings Association called on investors to take a tougher stance on policymakers responsible for executive pay decisions, in its newly published guidelines.
January 18, 2017 | 01:50 pm
Alger Associates agreed to acquire Weatherbie Capital, a Boston-based growth equity manager with more than $800 million in assets under management.
January 18, 2017 | 01:31 pm
For the first time, people seem to understand what the experts and better-informed investors have been trying to explain — that high fees and conflicts of interest are dangerous for anyone...
January 18, 2017 | 08:27 am
Fred S. Fraenkel was named interim head of asset management at hedge fund manager Ramius.
January 18, 2017 | 11:22 am
Goldman Sachs reported $1.379 trillion in assets under supervision for its Goldman Sachs Asset Management and wealth management businesses as of Dec. 31, up 2% from three months earlier and up 10%...
January 18, 2017 | 11:14 am
Kuwait Investment Authority is planning to manage more of its own assets as the world's fifth-largest sovereign wealth fund seeks to take more risk to boost returns.