New York State Teachers’ Retirement System has been approved as lead plaintiff in a class-action lawsuit against General Motors Co., claiming GM committed fraud in its disclosure of faulty...
October 31, 2014 | 04:50 pm
Legg Mason reported $707.8 billion in assets under management as of Sept. 30, up 0.5% from the end of the previous quarter and up 8% from a year earlier.
October 31, 2014 | 03:32 pm
New York State Teachers' Retirement System posted an 18.2% return on its investments for the fiscal year ended June 30.
October 31, 2014 | 04:01 pm
Anthony Roth was named chief investment officer of Wilmington Trust.
October 31, 2014 | 04:17 pm
Illinois Teachers' Retirement System took action on assets totaling just more than $1 billion at its board meeting Thursday.
October 31, 2014 | 01:37 pm
The funding levels of Towers Watson’s benchmark corporate pension plans in five major regions fell in the third quarter because of falling interest rates and modest investment returns.
October 31, 2014 | 03:49 pm
Anne Ackerley was named head of BlackRock’s U.S. and Canada defined contribution business, replacing Chip Castille who has been appointed to the new position...
October 31, 2014 | 02:17 pm
Renee Noto was named managing director, business development, at Fifth Street Asset Management.
October 31, 2014 | 01:09 pm
Fiona Hope was appointed institutional client director at Kames Capital.
October 31, 2014 | 11:36 am
Bank of Japan announced an expansion of its quantitative and qualitative easing program, shocking the currency markets and bolstering stocks.
October 31, 2014 | 11:19 am
Japan's ¥127.3 trillion ($1.14 trillion) Government Pension Investment Fund on Friday announced its targeted allocations to equities would more than double to account for half of its investment...
October 31, 2014 | 10:26 am
Fortress Investment Group's assets under management rose to $66 billion as of Sept. 30, up 3.4% from three months earlier and up 14% from a year earlier.
October 30, 2014 | 12:31 pm
A federal appeals court judge ruled Thursday that an ERISA case challenging a presumption of prudence for employee stock ownership plans can continue.
October 30, 2014 | 03:47 pm
Stockton, Calif., won court approval of its plan to exit bankruptcy by paying bond investors pennies on the dollar while fully protecting public-worker pension benefits, in a case that has been...
October 30, 2014 | 03:59 pm
The insolvency rate of sponsoring employers with defined benefit plans that are eligible for inclusion in the U.K. Pension Protection Fund fell sharply over the nine months ended March 31.