Latest News

Sky Investment Counsel closes after largest client withdraws

Sky Investment Counsel Inc., a global and international equity manager, is closing.

August 29, 2014 | 01:02 pm

Brink’s offers lump-sum payment to former employees

The Brink’s Co., Richmond, Va., announced on Friday it has offered certain former employees who are vested in its U.S. defined benefit plan the option to accept a lump sum.

August 29, 2014 | 04:16 pm

SIS hires senior consultant

Margaret S. Jadallah was named senior vice president and senior consultant at investment consultant Strategic Investment Solutions.

August 29, 2014 | 11:56 am
AP2, AP3 reach record asset levels

AP2, AP3 reach record asset levels

AP2 saw its assets grow to a record 280.3 billion Swedish kronor ($40.3 billion), a 5.9% increase over the six months ended June 30. AP3 also announced a 5.5% increase in assets to a record 272.6...

August 29, 2014 | 12:54 pm
Japan’s GPIF reduces bond allocation, increases equities in quarter

Japan’s GPIF reduces bond allocation, increases equities in quarter

Japan’s Government Pension Investment Fund on Friday announced that the value of its investment portfolio was 127.3 trillion yen (US$1.23 trillion) as of the June 30 close of its fiscal first...

August 29, 2014 | 01:13 pm

Threadneedle taps Samsung AM vet to lead new office in Seoul

Chris Chan Suk Lee joined Threadneedle Investments in Seoul as Korea chief representative with the London-based firm’s newly opened representative office there.

August 29, 2014 | 11:47 am

Merced County narrows infrastructure search to 2 managers

Merced County (Calif.) Employees’ Retirement Association named KKR & Co. and Morgan Stanley Investment Management as finalists in its search for an infrastructure manager to run up to $20...

August 29, 2014 | 11:40 am

N.Y. State Deferred Comp axes Eaton Vance fund; performance cited

New York State Deferred Compensation Plan is removing the Eaton Vance Large Cap Value Fund, managed by Eaton Vance Management, from the investment lineup of the $17.6 billion plan.

August 29, 2014 | 11:31 am

F&C picks 2 for global rates, money markets team

Sujay Shah and Paul Robinson joined F&C Asset Management as directors on the global rates and money markets team.

August 28, 2014 | 01:50 pm

Boston University removes EII Global Property Fund from 2 DC plans

Boston University is removing the EII Global Property Fund Class Institutional, managed by EII Capital Management, from the investment lineup of its 403(b) Boston University Retirement Plan and...

August 28, 2014 | 03:42 pm
Yale approves environmentally conscious investment guidance

Yale approves environmentally conscious investment guidance

Yale University's Corporation Committee on Investor Responsibility on Thursday approved new environmentally conscious guidance for the campus-based Advisory Committee on Investor Responsibility when...

August 28, 2014 | 03:37 pm
Hawaii ERS gains 17.4% for fiscal year

Hawaii ERS gains 17.4% for fiscal year

Hawaii Employees' Retirement System, Honolulu, returned 17.4% for the fiscal year ended June 30, slightly below its policy benchmark of 17.5%.

August 28, 2014 | 11:47 am

Oklahoma Teachers snags Oklahoma PERS' executive director

Tom Spencer was named executive director of the $14.1 billion Oklahoma Teachers' Retirement System.

August 28, 2014 | 12:07 pm

UTIMCO deputy CIO retiring

Cathy Iberg, president and deputy chief investment officer of the University of Texas Investment Management Co., Austin, will retire on Friday.

August 28, 2014 | 01:42 pm
South Africa's PIC looks to double investments in other African countries

South Africa's PIC looks to double investments in other African countries

Public Investment Corp., South Africa's 1.6 trillion rand ($150 billion) pension fund manager, plans to improve returns by investing to reinvigorate the flagging economy it dominates, Chief...

August 28, 2014 | 01:22 pm