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GPIF advisory committee: Green light for derivatives; yellow for in-house stocks

GPIF advisory committee: Green light for derivatives; yellow for in-house stocks

An advisory committee Monday moved closer to recommending Japan's Government Pension Investment Fund be given more scope to use derivatives to manage risks to its ¥135.1 trillion ($1.16 trillion) ...

February 08, 2016 | 12:03 pm
Global slowdown increasingly seen as biggest threat to performance — NEPC

Global slowdown increasingly seen as biggest threat to performance — NEPC

A slowdown in global economic growth was the greatest near-term threat to investment performance in the quarter ended Dec. 31, said 67% of chief investment officers of endowments and foundations said ...

February 08, 2016 | 03:59 pm

Hedge fund M&A activity heats up in 2015 — report

Hedge fund merger and acquisition activity was up 31% in 2015 with 42 deals completed or announced, reported Madison Street Capital’s financial services and investment banking team.

February 08, 2016 | 03:56 pm

General Dynamics plans $200 million in pension fund contributions

General Dynamics Corp., Falls Church, Va., plans to contribute about $200 million to its defined benefit plans in 2016, the company said in its 10-K filing with the Securities and Exchange Commission ...

February 08, 2016 | 03:18 pm

Illinois State Board seeking consultant for 457 plan

Illinois State Board of Investment is searching for an investment consultant for the $4.1 billion Illinois State Employees’ 457 Deferred Compensation Plan.

February 08, 2016 | 02:17 pm

San Diego appeals state board’s decision to nullify pension reform

The city of San Diego is appealing a California Public Employment Relations Board decision that would reinstate pension fund benefits to city employees shut out of the city’s pension fund by a...

February 08, 2016 | 12:14 pm

RPMI Railpen adds 2 to bolster internal management capabilities

Sweta Chattopadhyay and Matthias Eifert were named investment managers at RPMI Railpen, the in-house investment team for the Railways Pension Scheme, London.

February 08, 2016 | 11:37 am
Delta Air Lines charts $1 billion in pension plan contributions this year

Delta Air Lines charts $1 billion in pension plan contributions this year

Delta Air Lines Inc. plans to contribute at least $1 billion to its defined benefit plans in 2016, said its recently released 10-K filing with the Securities and Exchange Commission.

February 08, 2016 | 11:57 am
AllianzGI to acquire Rogge Global Partners

AllianzGI to acquire Rogge Global Partners

Allianz Global Investors agreed to acquire fixed-income specialist money manager Rogge Global Partners.

February 08, 2016 | 04:55 am
SEC proposal could alter use of mutual funds in DC plans

SEC proposal could alter use of mutual funds in DC plans

Proposed SEC regulations that would require mutual funds to have a minimum cash cushion and liquidity risk management programs in place could have a broad impact on retirement plans, sources said.

February 08, 2016

QIC chief investment officer heading to Middle Eastern fund

Adriaan Ryder, chief investment officer with Brisbane-based money manager QIC, left the firm.

February 08, 2016 | 11:07 am

U.S., Canadian assets rise 2.5% in fiscal year, NACUBO-Commonfund study finds

U.S. and Canadian college and university endowment assets totaled $529 billion for the fiscal year ended June 30, up 2.5% from a year earlier, results of the NACUBO-Commonfund Study of Endowments...

February 08, 2016
Manager recruiting heating up despite dip in bonus payouts

Manager recruiting heating up despite dip in bonus payouts

Volatile markets and squeezed profitability within the money management industry likely drew down the compensation pool for senior executives at the end of 2015, according to consultants and...

February 08, 2016
Redemptions, poor markets work against Franklin

Redemptions, poor markets work against Franklin

Investors withdrew close to $50 billion in the past six months from the funds and strategies of money management firm Franklin Resources Inc.

February 08, 2016
Gaming systems coming to a custodian near you

Gaming systems coming to a custodian near you

Developers are visualizing a brave new world in custody that would apply high-tech gaming techniques like voice activation, hands-free data entry and movement recognition to deliver asset servicing...

February 08, 2016