For the first time, people seem to understand what the experts and better-informed investors have been trying to explain — that high fees and conflicts of interest are dangerous for anyone...
January 18, 2017 | 08:27 am
Fred S. Fraenkel was named interim head of asset management at hedge fund manager Ramius.
January 18, 2017 | 11:22 am
Goldman Sachs reported $1.379 trillion in assets under supervision for its Goldman Sachs Asset Management and wealth management businesses as of Dec. 31, up 2% from three months earlier and up 10%...
January 18, 2017 | 11:14 am
Kuwait Investment Authority is planning to manage more of its own assets as the world's fifth-largest sovereign wealth fund seeks to take more risk to boost returns.
January 18, 2017 | 10:15 am
The CalPERS board started a yearlong review of its $305.5 billion portfolio on Tuesday, exploring whether its four current public asset classes — equities, fixed income, inflation and liquidity ...
January 17, 2017 | 04:17 pm
Four members of TorreyCove Capital Partners' senior managemen team are buying the 80% stake in the private equity consulting firm owned by Mitsubishi Corp.
January 17, 2017 | 06:36 pm
With Republicans in Congress moving aggressively toward replacing all or major parts of Obamacare, health savings accounts are expected to become a centerpiece of managing health care-related...
January 17, 2017 | 05:04 pm
Ten investment advisory firms will each pay penalties of $35,000 to $100,000 to settle charges that their compensation from public pension funds violated pay-to-play rules, the Securities and...
January 17, 2017 | 04:10 pm
Money managers remain optimistic on global growth and inflation but are hesitant to cut their cash holdings, according to Bank of America Merrill Lynch's monthly fund manager survey released on...
January 17, 2017 | 12:25 pm
The funded status of public pension plans continues to rise in aggregate, while plan expenses continue to fall, said a study released Tuesday by the National Conference on Public Employee Retirement...
January 17, 2017 | 04:20 pm
The U.S. Supreme Court turned away an appeal by Bank of America, Citigroup and J.P. Morgan Chase, refusing to stop antitrust lawsuits that accuse some of the world's largest banks of conspiring to...
January 17, 2017 | 03:00 pm
Knoxville (Tenn.) City Employees Pension Fund lowered its assumed rate of return to 7.25% from 7.375% as the result of an experience study.
January 17, 2017 | 02:52 pm
Tony Malloy was named chief investment officer at New York Life.
January 17, 2017 | 01:43 pm
Dallas Mayor Mike Rawlings withdrew his request for a temporary injunction hearing to block withdrawals from Dallas Police & Fire Pension System’s deferred retirement option plan.
January 17, 2017 | 01:28 pm
RON Transatlantic EG and HNA Capital (U.S.) Holding will acquire a majority stake in hedge funds-of-funds manager SkyBridge Capital II.