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PwC: Private equity LPs see added value in responsible investing

Responsible investing is gaining momentum among private equity investors, although difficulties in measuring its value and aligning limited partner and general partner interest remain, a new...

May 28, 2015 | 05:31 pm

Some 39% of benefit plan audits show major deficiencies — EBSA study

Some accountants auditing employee benefit plans have a quality problem, said a study published Thursday by the Department of Labor’s Employee Benefits Security Administration.

May 28, 2015 | 05:25 pm
New York University appoints new CIO

New York University appoints new CIO

Kathleen E. Jacobs was named chief investment officer at New York University.

May 28, 2015 | 04:17 pm
Coal divestment on tap at Norway’s Government Pension Fund Global

Coal divestment on tap at Norway’s Government Pension Fund Global

The Government Pension Fund Global could be forced to divest its allocations to certain coal companies, following a unanimous decision by the finance committee of the Storting, the Norwegian...

May 28, 2015 | 04:03 pm
Aon Hewitt: DC participants misusing target-date, target-risk funds

Aon Hewitt: DC participants misusing target-date, target-risk funds

Target-date and target-risk funds are being misused by defined contribution plan participants “who may be unaware of the funds' intended purpose” or who might be “uncomfortable with ...

May 28, 2015 | 03:56 pm

2 teams of researchers share AQR Insight Awards

Two sets of researchers were named co-winners of the $100,000 prize in AQR Capital Management’s Insight Awards for their papers on currency carry trade strategy and an options-based approach to ...

May 28, 2015 | 04:11 pm

BlackRock, Ceres create ESG governance guide for institutional investors

BlackRock teamed up with Ceres to create a guide for U.S. institutional investors on engaging with companies and policymakers on sustainability issues, the two institutions announced Thursday.

May 28, 2015 | 03:43 pm

Towers Watson recruits former Wilshire managing director to head Pittsburgh office

William G. Bensur Jr. was named a director at Towers Watson to lead its Pittsburgh investment office.

May 28, 2015 | 03:37 pm
SEC brings back former investment management director as chief of staff

SEC brings back former investment management director as chief of staff

Andrew J. “Buddy” Donohue was named chief of staff at the Securities and Exchange Commission, spokesman Kevin Callahan said.

May 28, 2015 | 02:51 pm

MassMutual hires vice president of institutional markets

Michele Baldasarre was named vice president of institutional markets for MassMutual Retirement Services, in charge of relationship management for the firm’s large retirement...

May 28, 2015 | 02:15 pm

Dallas Employees puts Aberdeen on watch, conducing shortlist consultant search

Dallas Employees’ Retirement Fund put Aberdeen Asset Management on watch for performance, said recently released board meeting minutes.

May 28, 2015 | 01:25 pm

Louisiana State Employees puts $50 million more with EnTrust Capital

Louisiana State Employees’ Retirement System, Baton Rouge, invested an additional $50 million in EnTrust Capital’s hedge fund-of-funds portfolio, said recently released...

May 28, 2015 | 01:20 pm
2 Canadian pension funds start renewable energy, water infrastructure firm with Santander

2 Canadian pension funds start renewable energy, water infrastructure firm with Santander

Ontario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and...

May 28, 2015 | 01:12 pm
Chevron shareholders support proxy-access proposal; near majority at Exxon Mobil

Chevron shareholders support proxy-access proposal; near majority at Exxon Mobil

Chevron Corp. shareholders voted 55% in support of a proxy-access proposal, while Exxon Mobil Corp. shareholders voted 49.4% in favor of a similar access proposal, according to preliminary voting...

May 27, 2015 | 03:33 pm
Aberdeen to expand U.S. presence with FLAG Capital Management acquisition

Aberdeen to expand U.S. presence with FLAG Capital Management acquisition

Aberdeen Asset Management will acquire U.S. and Hong Kong-based private equity and real assets funds-of-funds manager FLAG Capital Management, in a deal that will expand Aberdeen's presence in the U....

May 27, 2015 | 11:10 am