A new lawsuit against PIMCO and its sister company Allianz Global Investors accuses the two firms of breaching their fiduciary duty by loading up their joint employee defined contribution plan with...
October 12, 2015 | 04:17 pm
Hersh Gandhi was appointed managing director, Asia Pacific (ex-Japan) of alternative investment manager Man Group plc's institutional and retail client businesses across the region.
October 12, 2015 | 05:08 am
Sonoma County Employees’ Retirement Association, Santa Rosa, Calif., terminated INTECH from a $100 million active domestic large-cap growth equity portfolio, said Steven Marsh, investment...
October 12, 2015 | 04:11 pm
Dallas Police & Fire Pension System terminated global equity managers Allianz Global Investors and Energy Opportunities Capital Management, recently released board meeting minutes show.
October 12, 2015 | 04:10 pm
Angus S. Deaton, a Princeton University academic who holds both U.S. and U.K. citizenship, on Monday was named winner of the 2015 Nobel prize in economics for his pioneering research that includes...
October 12, 2015 | 04:07 pm
Multiemployer pension plan sponsors could cut billions from their pension obligations if they are able to take advantage of the Multiemployer Pension Reform Act of 2014, Moody’s Investors...
October 12, 2015 | 04:05 pm
Stefan Kreuzkamp was named chief investment officer-head of investment management at Deutsche Asset & Wealth Management, said a spokesman.
October 12, 2015 | 04:02 pm
A set of transactions expected to close before Christmas mean the U.K. bulk annuity market is on track to hit £10 billion ($15.2 billion) in 2015, said Aon Hewitt.
October 12, 2015 | 03:18 pm
The acquisition of EMC Corp., Hopkinton, Mass., by Dell Inc., Round Rock, Texas, could create a single technology company with a combined $9.1 billion in retirement assets.
October 12, 2015 | 02:41 pm
Steve Fierstein was named senior vice president, global head of consultant relations at GE Asset Management, said spokesman Chris Linehan.
October 12, 2015 | 02:29 pm
The funded status of U.S. corporate defined benefit plans fell between one and two percentage points in September because of rising liabilities and declining asset values, said reports from Milliman, ...
October 09, 2015 | 01:53 pm
New Hampshire Retirement System, Concord, returned 3.5% net of fees in the fiscal year ended June 30, said spokesman Marty Karlon.
October 09, 2015 | 03:03 pm
W. Thomas Reeder Jr. was confirmed as director of the Pension Benefit Guaranty Corp. by the Senate on Thursday.
October 09, 2015 | 02:26 pm
Angela Rodell was named executive director/CEO of the Alaska Permanent Fund Corp., Juneau, pending successful contract negotiations, said a spokeswoman for the $52 billion sovereign...
October 09, 2015 | 01:34 pm
A union for Chicago Park District employees, along with one active and one retired worker, filed a lawsuit challenging the constitutionality of a 2014 Chicago pension reform law for members of the...