Bristol-Myers Squibb Co. said it would settle $1.4 billion in pension obligations by purchasing a group annuity contract from Prudential Insurance Co. for approximately 8,000 retirees and...
September 30, 2014 | 06:30 pm
New Mexico State Investment Council approved a new asset allocation for its $4.5 billion Severance Tax Permanent Fund.
September 30, 2014 | 02:53 pm
The 100 largest U.S. public pension funds had a combined $3.365 trillion in cash and securities as of June 30, up 4.6% from three months earlier and 14.3% more than the same quarter in 2013,...
September 30, 2014 | 06:08 pm
Lou Eccleston was named CEO of TMX Group, operator of the Toronto and Montreal stock exchanges among other Canadian equity, fixed-income and energy trading venues.
September 30, 2014 | 02:46 pm
Andrew C. Stephens is stepping down as portfolio manager on Artisan Partners Asset Management’s growth team.
September 30, 2014 | 02:49 pm
Canadian defined benefit plans administered by Aon Hewitt saw their funded status slip in the past three months, to a median 91.1% as of Sept. 26 from 96%.
September 30, 2014 | 04:00 pm
The U.S. Supreme Court decided not to weigh in on a case brought by the $25.1 billion Mississippi Public Employees' Retirement System challenging the time limits for investors to join or opt out of...
September 30, 2014 | 03:55 pm
Defined contribution plan executives are too focused on “investment metrics” when evaluating target-date funds rather than the role these funds should play in helping participants prepare ...
September 30, 2014 | 02:36 pm
Anders Svennesen was appointed chief investment officer at Danica Pension.
September 30, 2014 | 01:29 pm
The collapse of African Bank Investments Ltd. is forcing the money manager holding most of the South African government's pension assets to agree to invest 5 billion rand ($440 million) to rescue the ...
September 30, 2014 | 11:43 am
Motorola Solutions Inc.'s pension buyout, the third largest in U.S. history, was the fastest by a mile, taking less than six months from start to finish.
September 29, 2014
The next time Alice falls through the rabbit hole, she may find herself at a meeting of the San Diego County Employees Retirement Association as trustees struggle to make sense of a new asset...
September 29, 2014
Andrew Kelsen was named portfolio manager for alternative investments at the $10.8 billion Chicago Public School Teachers’ Pension & Retirement Fund.
September 29, 2014 | 02:51 pm
University of Notre Dame Endowment returned 19.7% on its investments for the fiscal year ended June 30, surpassing its 13% custom benchmark return.
September 29, 2014 | 05:08 pm
Steve Rodeman, was named executive director of the Oregon Public Employees Retirement System, Tigard, starting on Nov. 1.