Latest News

EBRI: Employees say workplace retirement plan will be a major income source as retiree

Retirement Plans -

Retirement Plans -

An increasing percentage of workers say their workplace retirement savings plan will be a major source of retirement income.
CAAT pension fund tops benchmark with 15.8% return in 2017

PENSION FUNDS -

PENSION FUNDS -

Colleges of Applied Arts and Technology Pension Plan returned a net 15.8% return on investments in 2017, boosting assets to C$10.8 billion.
European Parliament committee wants to align financial system with long-term climate goals

ESG -

ESG -

A European Parliament committee wants to make the financial system more resilient and align it with long-term climate goals.

Money Management -

Money Management -

Rick Wisentaner was named head of credit at Canada Life Investments.
EBSA issues new guidance on ESG, shareholder engagement by plan fiduciaries

ESG -

ESG -

The Employee Benefits Security Administration issued new guidance on shareholder engagement and economically targeted investments.
Invesco Canada employee among dead in Toronto tragedy

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Anne Marie D'Amico, an employee at Invesco Canada, was identified as one of 10 people killed when a van plowed into pedestrians in Toronto.
Treasury 10-year yield tops 3% for first time since January 2014

MARKETS -

MARKETS -

The 10-year U.S. Treasury yield rose above 3% for the first time since January 2014
Aviva Investors hires head of global financial institutions

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Charles Jewkes was named head of global financial institutions at Aviva Investors.
Commentary: Finding serenity while managing risk

INVESTING/PORTFOLIO STRATEGIES -

INVESTING/PORTFOLIO STRATEGIES -

A new measure of portfolio risk, the serenity ratio, might assist investors in making prudent investment decisions.
San Diego County sues pension fund to implement new benefit formula

Courts -

Courts -

San Diego County has sued the county pension plan to force it to lower benefits for new, non-safety employees hired on or after July 1.
Supreme Court debates constitutionality of SEC's in-house judges

Courts -

Courts -

The Supreme Court heard arguments in a case challenging the SEC's use of in-house administrative judges that also has broader implications.
More research needed on using ESG in fixed-income investing — GPIF, World Bank

ESG -

ESG -

Further research and development about incorporating ESG factors into fixed income is needed, a new report finds.

Money Management -

Money Management -

Aiden Redmond was named managing director and head of institutional North America at Allianz Global Investors.
Australia's Future Fund returns 1.4% for quarter, 8.6% for year

Sovereign Wealth Funds -

Sovereign Wealth Funds -

Australia's Future Fund returned 1.4% in the quarter and 8.6% in the year ended March 31, bringing assets up to A$141 billion.
OPTrust launches shared-risk DB plan for public, non-profit employers

Pension Funds -

Pension Funds -

OPTrust created a new defined benefit plan for public sector, charitable and not-for-profit employers that do not offer a DB plan.