New Hampshire Retirement System, Concord, lowered its assumed rate of return to 7.25% from 7.75%, spokesman Marty Karlon said.
May 25, 2016 | 01:54 pm
Citibank will pay a total of $425 million to settle CFTC charges that the bank manipulated three currency-valuation benchmarks.
May 25, 2016 | 03:20 pm
Deborah Zurkow was promoted to head of alternatives at Allianz Global Investors, spokeswoman Kelly Smith said.
May 25, 2016 | 03:18 pm
Legislation allowing Puerto Rico to restructure more than $70 billion in bondholder debt was approved by the House Natural Resources Committee on Wednesday by a 29-10 vote.
May 25, 2016 | 03:13 pm
Exxon Mobil Corp. shareholders voted against a proposal calling for climate-change risk reporting and an independent chairman but did approve a proxy-access proposal, said a webcast of the...
May 25, 2016 | 03:09 pm
The global network of sovereign wealth funds has selected State Street Corp. to be one of its official research partners, said a news release.
May 25, 2016 | 01:29 pm
Andrew Kemp will join Melbourne-based Frontier Advisors as a consultant with responsibility for leading the investment consulting firm’s debt research.
May 25, 2016 | 11:11 am
Tudor Investment Corp., one of the oldest and most expensive hedge funds, is trimming fees as the finance industry's highest-paid money managers face a growing backlash over their lackluster...
May 24, 2016 | 09:53 am
United Development Funding IV, a troubled Texas real estate investment trust under investigation by the FBI, has defaulted on a $35 million term loan and has suspended its distributions to...
May 24, 2016 | 04:20 pm
Bob Parise was named practice lead, public funds and Taft-Hartley plans at Northern Trust Asset Management.
May 24, 2016 | 02:42 pm
The Senate voted Tuesday to disapprove and nullify the new fiduciary rule released by the Department of Labor, by a vote of 56-41, along party lines.
May 24, 2016 | 05:31 pm
Weaker than anticipated investment performance might force New York City to make higher than planned contributions to the city's retirement system starting in the 2018 fiscal year, said a report by...
May 24, 2016 | 04:24 pm
Minnesota State Retirement System is seeking an executive director for the $22 billion retirement system.
May 24, 2016 | 04:11 pm
McAllister Kirschner was named global head of client relationship management at MUFG Investor Services.
May 24, 2016 | 03:20 pm
Old Mutual PLC said it has been approached by companies interested in buying a stake in its U.S.-based fund management unit.