Latest News

Carlyle AUM dips in quarter, but up 10% for 12 months

The Carlyle Group's assets under management totaled $202.6 billion as of Sept. 30, down 0.5% from three months earlier but up 10% from a year earlier, said the alternative investment firm's third-...

October 29, 2014 | 04:10 pm

U.K.'s Pensions Regulator levies first fines over auto-enrollment compliance

The Pensions Regulator, the U.K.'s pension watchdog, issued its first fines to employers for not meeting their automatic enrollment duties and issued 163 compliance notices.

October 29, 2014 | 02:15 pm
Fed stops bond buying, stays with federal funds rate near zero

Fed stops bond buying, stays with federal funds rate near zero

The Federal Open Market Committee’s bond-buying program will end this week, members announced Wednesday at the end of a two-day meeting, citing “substantial improvement” in the...

October 29, 2014 | 03:32 pm

ISS expands companies, countries in global corporate governance tool

Institutional Shareholder Services introduced an enhanced version of its global corporate governance scoring analytics for asset owners and other institutional investors, expanding by almost 10% the...

October 29, 2014 | 03:18 pm
Norway's Government Pension Fund Global reports flat returns for Q3

Norway's Government Pension Fund Global reports flat returns for Q3

Exposure to European equities hindered returns at Norway's Government Pension Fund Global for the quarter ended Sept. 30, while U.S. stocks emerged as the top performer.

October 29, 2014 | 01:55 pm

PIMCO brings back portfolio manager, consultant

Pacific Investment Management Co. rehired a former executive and a former consultant.

October 29, 2014 | 03:02 pm

Sanditon Asset Management hires former Schroders portfolio manager

Julie Dean will join Sanditon Asset Management as a fund manager.

October 29, 2014 | 02:38 pm

Aviva adds fund manager for emerging markets, Asia-Pacific equities

Xiaoyu Liu joined Aviva Investors as a fund manager, emerging markets and Asia-Pacific equities.

October 29, 2014 | 11:59 am

Chicago teachers fund executive director resigns

Kevin B. Huber, executive director of the Chicago Public School Teachers' Pension & Retirement Fund, will resign effective Dec. 31, the pension fund announced Tuesday.

October 28, 2014 | 01:46 pm
Money management incentive compensation expected to rise — report

Money management incentive compensation expected to rise — report

With market appreciation and positive inflows boosting assets under management for traditional money managers and hedge funds thus far in 2014, industrywide incentive compensation is expected to rise,...

October 28, 2014 | 03:57 pm
DOL looking at conflicts of interest for consultants

DOL looking at conflicts of interest for consultants

Labor Department officials are scrutinizing potential conflicts of interest when pension consultants with fiduciary responsibilities also manage a plan’s assets or recommend themselves for that ...

October 28, 2014 | 04:08 pm

MassPRIM proposes $170 million settlement in Fannie Mae securities lawsuit

Massachusetts Pension Reserves Investment Management Board, Boston, has proposed a $170 million settlement with Fannie Mae in a class-action lawsuit against the government-sponsored enterprise.

October 28, 2014 | 04:04 pm

PBGC helps 2 New York multiemployer plans

The Pension Benefit Guaranty Corp. is offering financial assistance to two insolvent multiemployer pension plans in New York.

October 28, 2014 | 03:50 pm
Boeing offers lump-sum, immediate annuity options to 40,000 former employees

Boeing offers lump-sum, immediate annuity options to 40,000 former employees

Boeing Co., Chicago, is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the company has offered such choices from its...

October 28, 2014 | 02:59 pm

Hartford Financial offers lump sums to former employees

Hartford Financial Services Group Inc. offered lump sums to about 13,500 terminated vested participants in its frozen defined benefit plan.

October 28, 2014 | 02:56 pm