Latest News

BlackRock taps Japan Post chief as its new country head for Japan

BlackRock Tuesday named Yoshiyuki Izawa as the firm's chairman, representative director and country head of Japan, effective May 18.

April 21, 2015 | 04:50 am

EBRI: Americans' retirement confidence slowly improving

Americans' confidence in a secure retirement is inching up, but there has been no progress in getting people who haven't planned for retirement to start planning, said the 25th annual Retirement...

April 21, 2015 | 12:01 am

I Squared Capital closes $3 billion infrastructure fund

I Squared Capital announced Monday the closing of ISQ Global Infrastructure Fund at $3 billion, surpassing its $2 billion fundraising target and meeting its hard cap.

April 20, 2015 | 03:39 pm
Hedge funds-of-funds managers turn to customized investments

Hedge funds-of-funds managers turn to customized investments

Top-tier hedge funds-of-funds managers are expanding their relationships with underlying hedge fund managers, morphing into active investors of institutional investor assets from mere allocators of...

April 20, 2015

AMP Capital appoints head of distribution for U.K. and Europe

John Angell was named head of distribution for the U.K. and Europe at AMP Capital, said a spokeswoman for the firm.

April 20, 2015 | 04:13 pm
Morgan Stanley's assets inch up 1% in quarter, 5% for year

Morgan Stanley's assets inch up 1% in quarter, 5% for year

Morgan Stanley Investment Management reported $406 billion in assets under management as of March 31, up 1% from Dec. 31 and up 5% from a year earlier, parent company Morgan Stanley's earnings...

April 20, 2015 | 02:34 pm

Aon Hewitt hires head of large clients in delegated consulting team

Mike Rogers joined Aon Hewitt as a partner and head of large clients in the firm's delegated consulting services team, a spokeswoman said.

April 20, 2015 | 04:15 pm

Aegon USA Investment Management names head of distribution

Tom Neukranz joined Aegon USA Investment Management as head of distribution, a news release said.

April 20, 2015 | 04:11 pm

Judge gives R.I. pension lawsuit settlement preliminary approval

A proposed settlement to end litigation against Rhode Island’s state pension overhaul has been given preliminary approval.

April 20, 2015 | 04:07 pm
Voya Financial taps former Great-West president as CEO of retirement

Voya Financial taps former Great-West president as CEO of retirement

Charles P. Nelson was named CEO of retirement for Voya Financial, effective May 1.

April 20, 2015 | 10:29 am

BlackRock settles SEC charges over failing to disclose conflict of interest

The SEC charged BlackRock subsidiary BlackRock Advisors on Monday with failing to disclose a conflict of interest created by the outside business activity of one of the firm’s portfolio...

April 20, 2015 | 03:43 pm

2 companies expand board diversity policies following N.Y. State Common proposals

The New York State Common Retirement Fund, Albany, reached agreements with Monster Beverage Corp. and Standard Pacific Corp. on revisions of policies to expand diversity in choosing members of the...

April 20, 2015 | 03:32 pm
South Korea’s national pension fund returns 5.25% in 2014, continues overseas diversification

South Korea’s national pension fund returns 5.25% in 2014, continues overseas diversification

South Korea’s 469.8 trillion won ($434.1 billion) National Pension Service, Seoul, continued to diversify into overseas assets in 2014, helping to offset the local stock market’s decline, ...

April 20, 2015 | 03:26 pm
TPG to acquire Cirque du Soleil; Quebec's Caisse taking minority stake

TPG to acquire Cirque du Soleil; Quebec's Caisse taking minority stake

TPG is acquiring a majority stake in Cirque du Soleil from its founder, Guy Laliberte, with Caisse de Depot et Placement du Quebec, Montreal, among those taking a minority stake in the entertainment...

April 20, 2015 | 03:12 pm

Norway’s sovereign wealth fund, Prologis acquire $5.9 billion U.S. real estate portfolio

Norges Bank Investment Management, the in-house manager of Norwegian sovereign wealth fund Government Pension Fund Global, Oslo, will acquire a 45% stake in a U.S. industrial real estate portfolio.

April 20, 2015 | 03:05 pm