Table of Contents
Issue Date: Monday, March 31, 2014
Asset owners and money managers say in an interdependent world, they are used to the drumbeat of geopolitical crises.
Safeway Inc.'s pending $9.6 billion merger with Albertsons might be as much a real estate play as it is a private equity deal, but the real estate angle won't be revealed right away.
Huge growth in alternative investment mutual funds is fueling a big market for subadvisory hires for hedge fund managers.
Institutional investors are casting an ever wider net as they continue to search for the “income” in fixed income.
A year after going public, Artisan Partners Asset Management Inc. is on a roll that is enriching clients, stockholders, financial backers and employees.
Fewer providers are offering transition management services, reflecting changes in the U.S. defined benefit plan market that make it tougher to make money on the business.
After 16 years fighting mostly uphill battles over retirement regulation and legislation, Edward Ferrigno is looking forward to scaling some actual mountains when he retires March 31 as vice president of Washington affairs for the Plan Sponsor Council of America.
Wanted: defined contribution plan executives taking bold and unusual steps to improve participants' retirement outcomes.
Combining the defined contribution businesses of Putnam Investments and Great-West Financial - both owned by Great-West Lifeco Inc., Winnipeg, Manitoba - is a smart strategic decision that recognizes record keepers need greater scale to thrive, DC consultants and other industry participants say.
Smart beta's popularity among institutional investors has grown substantially in the past couple of years — and experts believe that will continue in 2014 and beyond.
When Timothy Jarry ascended to the role of chief investment officer in 2011 at the College of the Holy Cross, his alma mater, he undertook a yearlong portfolio review of the endowment. Looking to maintain (or increase) commitments to many external managers across equities, hedge funds and private equity, Mr. Jarry took a sidestep: He brought some of the portfolio in-house for the first time.
A federal appeals court on March 19 issued a split decision in a prominent 401(k) case involving claims by participants that a sponsor, ABB Ltd., Cary, N.C., and its record keeper, Fidelity Investments, breached their fiduciary duties.
Kevin Olsen has been named news editor of Pensions & Investments.
The teenage years can be tough, especially in a home environment where the rules are always changing. China's fund management industry is a case in point.
The once modestly sized money manager finds itself at the top of the assets under management rankings in China on the strength of a money market fund tie-up with China's Alipay online payments giant.
The European Commission has reinforced its message that pension funds in Europe are the key to financing long-term growth in the region.
The U.S. Supreme Court will hear oral arguments April 2 in a pivotal defined contribution case.
BlackRock's Laurence D. Fink recently suggested corporate executives spend cash on capital investment, rather than buybacks and dividends.
Chinese managers see bright future despite changing rules, bear market and sharp competition.
To paraphrase a line from “Field of Dreams,” if you build it, they will come - “it” being a multiple employer pension plan, and “they” being employers.
After tremendous growth over more than a decade of strong returns, risk-parity strategies recently have been struggling. Has the market run-up exposed a fatal flaw? We don't think so.