Latest News

LaSalle Investment Management adds 2 to client relations team

Leonie Wilkinson and Samer Honein joined LaSalle Investment Management's client relations team.

July 24, 2014 | 10:54 am
 American Airlines to contribute additional $600 million to pension plans

American Airlines to contribute additional $600 million to pension plans

American Airlines Inc. expects to contribute an additional $600 million to its defined benefit plans in 2014, said the company’s second-quarter earnings report filed Thursday.

July 24, 2014 | 04:08 pm

OPTrust promotes 2 to private markets co-heads

Gavin Ingram and Sandra Bosela were promoted to co-heads of private markets at OPTrust.

July 24, 2014 | 12:23 pm

University of California deputy CIO is retiring

Mel Stanton, deputy chief investment officer for the University of California, Oakland, is retiring after 24 years.

July 24, 2014 | 04:00 pm

Santa Barbara County posts opening for CEO

Santa Barbara County (Calif.) Employees' Retirement System is searching for a CEO.

July 24, 2014 | 02:25 pm
Marc Faber heavy on gloom and doom at CFA seminar

Marc Faber heavy on gloom and doom at CFA seminar

Marc Faber, publisher of the “Gloom, Doom and Boom” newsletter warned against lofty asset valuations, excessive debt and investor complacency as he discussed his views on the market at a...

July 24, 2014 | 03:53 pm

White House launches rural investment fund

The White House launched a rural infrastructure investment fund Thursday as part of a public/private partnership to attract more investors to rural projects, including energy and infrastructure...

July 24, 2014 | 03:14 pm

N.Y. State Teachers shows 12.8% hike in assets

New York State Teachers' Retirement System, Albany, reported an estimated $107.6 billion in assets for the fiscal year ended June 30, an all-time high and a 12.8% gain from the $95.4 billion a year...

July 24, 2014 | 03:35 pm
Morgan Stanley settles RMBS case with SEC

Morgan Stanley settles RMBS case with SEC

Morgan Stanley will pay $275 million to settle charges brought by the Securities and Exchange Commission alleging inadequate investor disclosure in two residential mortgage-backed securities...

July 24, 2014 | 03:28 pm

NOW: Pensions announces changes to investment fund

Executives at multiemployer trust NOW: Pensions, London, have made changes to the plan following announcements in the U.K. budget.

July 24, 2014 | 03:06 pm

Morningstar exec urges fossil fuel write-down

nvestors should write down the value of fossil fuel assets because of the environmental risks associated with hydrocarbon energy, even though there is no current viable replacement, Jason Stevens,...

July 24, 2014 | 02:56 pm

Louisiana School Employees takes interim tag off new CIO

Christopher Saik was named chief investment officer of the $1.8 billion Louisiana School Employees’ Retirement System.

July 24, 2014 | 02:29 pm

KKR AUM down 4.3% in quarter, up 17.4% for year

KKR & Co.'s assets under management totaled $98 billion as of June 30, a 4.3% drop from three months earlier, but a 17.4% increase from a year earlier.

July 24, 2014 | 02:17 pm
 Barclays wants dark-pool lawsuit dismissed

Barclays wants dark-pool lawsuit dismissed

Barclays on Thursday filed a motion to dismiss a lawsuit that claims the bank misled clients about the extent of high-frequency trading in its Barclays LX dark pool, saying the complaint does not...

July 24, 2014 | 11:11 am
T. Rowe Price’s AUM climbs 3.8% in quarter; up 20.3% for year

T. Rowe Price’s AUM climbs 3.8% in quarter; up 20.3% for year

T. Rowe Price Group on Thursday reported $738.4 billion in assets under management as of June 30, up 3.8% from the end of the first quarter and up 20.3% from a year earlier.

July 24, 2014 | 12:58 pm