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Dimensional Fund Advisors names Dave Butler co-CEO

Dimensional Fund Advisors names Dave Butler co-CEO

Dave Butler was appointed co-CEO at Dimensional Fund Advisors, replacing David Booth, the firm's founder, who will remain executive chairman, the company announced...

February 22, 2017 | 05:59 pm
American Airlines charts $279 million pension contribution for 2017

American Airlines charts $279 million pension contribution for 2017

American Airlines Group expects to contribute $279 million to its pension plans in 2017, the carrier says in a regulatory filing.

February 22, 2017 | 01:24 pm
Bristol-Myers Squibb expects $100 million pension contribution in 2017

Bristol-Myers Squibb expects $100 million pension contribution in 2017

Bristol-Myers Squibb will contribute approximately $100 million to its defined benefit plans in 2017, the drugmaker says in a regulatory filing.

February 22, 2017 | 12:26 pm

NN Investment Partners creates responsible investment team

NN Investment Partners has appointed three executives to its new responsible investment team.

February 22, 2017 | 01:10 pm
Edison International plans $221 million in 2017 pension contributions

Edison International plans $221 million in 2017 pension contributions

Edison International expects to contribute $136 million and subsidiary Southern California Edison Co. anticipates contributing $85 million to their defined benefit plans in 2017, according to an SEC...

February 22, 2017 | 03:56 pm
Aon Minet Pension Scheme reduces £60 million in liabilities

Aon Minet Pension Scheme reduces £60 million in liabilities

Aon Minet Pension Scheme reduced its liabilities by £60 million ($74.4 million) after completing a bulk enhanced transfer value for a proportion of its participants.

February 22, 2017 | 02:20 pm
AP4 returns 10% in 2016

AP4 returns 10% in 2016

AP4 reports a 7.7% increase in assets for the year ended Dec. 31, to 333.9 billion Swedish kronor ($36.7 billion).

February 22, 2017 | 08:55 am
Mitsui investing up to $550 million for stake in CIM Group

Mitsui investing up to $550 million for stake in CIM Group

Mitsui & Co. is investing $450 million to $550 million for a 20% stake in real estate and infrastructure manager CIM Group.

February 22, 2017 | 03:41 pm
BB&T adds $260 million to pension plans in first quarter

BB&T adds $260 million to pension plans in first quarter

BB&T contributed $260 million to its defined benefit plan in the first quarter of 2017, and may make further contributions this year, a regulatory filing says.

February 22, 2017 | 03:31 pm
Fed's stance unchanged on economic, labor and inflation trajectories

Fed's stance unchanged on economic, labor and inflation trajectories

Members of the Federal Open Market Committee did not change their opinions about the U.S. economy much since their December meeting, minutes show.

February 22, 2017 | 03:06 pm
NASRA finds more than 75% of plans reducing return assumptions

NASRA finds more than 75% of plans reducing return assumptions

More than three-fourths of public pension plans have reduced their investment return assumptions since 2010, to a median rate of 7.5%, a report says.

February 22, 2017 | 02:42 pm
Northern Trust, IBM create blockchain technology for private equity fund administration

Northern Trust, IBM create blockchain technology for private equity fund administration

Northern Trust and IBM have collaborated to create blockchain technology that's being applied to private equity fund administration.

February 22, 2017 | 02:32 pm
El Paso City puts another $15 million with secondary private equity fund

El Paso City puts another $15 million with secondary private equity fund

El Paso City Employees' Pension Fund commits an additional $15 million to Portfolio Advisors Secondary Fund III, a secondary private equity fund.

February 22, 2017 | 02:11 pm
Lovell Minnick takes minority stake in Trea Asset Management

Lovell Minnick takes minority stake in Trea Asset Management

Lovell Minnick Partners says it has taken an undisclosed stake in Spain-based money management firm Trea Asset Management.

February 22, 2017 | 01:52 pm
CalSTRS lawsuit vs. 2 banks on EURIBOR manipulation continues; other suits dismissed

CalSTRS lawsuit vs. 2 banks on EURIBOR manipulation continues; other suits dismissed

CalSTRS can move ahead with a federal lawsuit against Citigroup and J.P. Morgan Chase over alleged manipulation the benchmark European Interbank Offered Rate and its related derivatives.

February 22, 2017 | 01:39 pm