Table of Contents
Issue Date: Monday, October 17, 2016
For the first time in seven years, large U.S. endowments in aggregate produced a negative return after enduring a difficult fiscal year.
As Americans prepare to go to the polls to vote in the 2016 presidential election, money managers across the globe are readying their own portfolios for the outcome.
Pension fund executives will have another fiduciary responsibility starting as early as next year, courtesy of the European Commission.
Money management executives are adding inflation protection back into their portfolios, but they are divided as to their motives.
Nominations are open for the 2016 Lillywhite Award, the Employee Benefit Research Institute announced last week. The deadline for entries is Dec. 31.
Recent regulatory reforms have opened the door for global managers to set up wholly owned asset management operations in China after more than a decade where being a minority joint venture partner was their only way in.
The merger of Denver-based Janus Capital Group and London-based Henderson Group will create a global money management firm with more than $320 billion in combined assets, but for the new company to prosper, it will have to counter headwinds that are buffeting active managers, analysts say.
For Janus Henderson Global Investors to realize its global ambitions, its co-CEOs were clear that London was where they needed to be.
This unprecedented political campaign season could carry over into the 115th Congress that begins in January as a possible shift of power in the Senate and tighter margins in the House of Representatives make it hard for legislative ideas to advance, observers say.
Defined contribution plans are decisively reducing their reliance on record keepers' target-date funds, moving to other providers to obtain a more flexible investing approach.
As Deutsche Bank AG works out the details of paying a multibillion-dollar U.S. government fine, and pundits worldwide consider the future of the bank, asset owners and consultants are pondering what it all means for Deutsche Asset Management.
CBOE Holdings Inc.'s agreement to acquire Bats Global Markets Inc. could ultimately lead to savings on trading and data costs for institutional investors, sources said.
Alaska Permanent Fund Corp., Juneau, unveiled a five-year investment management plan on Sept. 28 that aims to nearly double the assets it internally manages and also introduces a new target allocation.
Bats Global Markets CEO Chris Concannon has been at the forefront of securities product and trading innovation from the start of his career.
Rhetoric from U.S. presidential candidate Donald Trump is particularly disconcerting to managers because of perceptions of an increased protectionist stance, sources say.
Jagdeep Singh Bachher, the chief investment officer of the University of California Regents, cited volatile markets for the -3.4% return of the $9.1 billion endowment in the fiscal year ended June 30, and is continuing efforts to reduce the number of active equity managers.
University of Oregon Foundation officials tend to take a macro view to investing with an asset allocation flexible enough to allow the five-member staff to pursue investment themes.
A year after Vanguard took over as the largest manager of mutual funds for defined contribution plans, the manager significantly widened its advantage, according to Pensions & Investments' latest survey.
Two bills introduced in Congress — S 1714 in the Senate and HR 2403 in the House—would bail out the underfunded United Mine Workers of America 1974 pension plan.
Consolidation of pension funds to gain economies of scale is an idea often proposed but rarely embraced. Pooling assets and resources would improve efficiency and investment performance.
John G. Stumpf, chairman and CEO of Wells Fargo & Co., had some surprising, hidden and unwitting enablers in the fake accounts scandal — participants in defined contribution plans.
The transition to a low-carbon economy will have a material impact on financial markets. Both the high-carbon exposure risks run by certain traditional companies and the low-carbon opportunities created by many innovators are exceptionally high. It is essential for fiduciaries to actively consider developments of this magnitude.