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World Economic Forum provides road map for impact investing

Institutional investors run the risk of underperforming in the long run by overlooking non-financial data in their investment decision-making, said a report issued Tuesday by the World Economic Forum,...

September 16, 2014 | 01:40 pm

Think tank proposes new, minimum pension plan

Employers should be required to offer a minimum pension and contribute a minimum of 50 cents per hour worked for every employee into a retirement plan, said a report released Tuesday from Third Way,...

September 16, 2014 | 03:55 pm
University of Minnesota endowment returns 20.4%

University of Minnesota endowment returns 20.4%

University of Minnesota returned 20.4% for the 12 months ended June 30, the end of its latest fiscal year.

September 16, 2014 | 05:23 pm
MIT’s endowment posts 19.2% return

MIT’s endowment posts 19.2% return

Massachusetts Institute of Technology’s endowment posted a 19.2% return and was valued at $12.42 billion for the fiscal year ended June 30.

September 16, 2014 | 05:06 pm
Charles Valdes, former CalPERS trustee, dead at 74

Charles Valdes, former CalPERS trustee, dead at 74

Charles P. “Chuck” Valdes, a former board member with the $298 billion California Public Employees' Retirement System, has died.

September 16, 2014 | 02:31 pm
University of California considering stand-alone venture capital vehicle

University of California considering stand-alone venture capital vehicle

University of California Board of Regents, Oakland, at its Thursday meeting is expected to vote on whether to create UC Ventures, a stand-alone venture capital investment vehicle and to make an...

September 16, 2014 | 02:17 pm
CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is the first large institutional investor to completely eliminate hedge funds from its portfolio.

September 16, 2014 | 04:14 pm
Retirement tax incentives called ‘out of whack’

Retirement tax incentives called ‘out of whack’

Senate Finance Committee Chairman Ron Wyden, D-Ore., said at a hearing Tuesday that “something is out of whack” between the $140 billion in annual tax subsidies for retirement savings and ...

September 16, 2014 | 04:08 pm
European outlook brightens, manager survey finds

European outlook brightens, manager survey finds

Money managers' outlook on European equity markets improved in September, said Bank of America Merrill Lynch's monthly fund manager survey.

September 16, 2014 | 03:45 pm

Prudential adds real estate portfolio manager in realignment

James Glen joined Prudential Real Estate Investors as a principal and portfolio manager for its core U.S. real estate fund.

September 16, 2014 | 03:41 pm
Treasury’s Iwry urges more use of behavioral research in DC plans

Treasury’s Iwry urges more use of behavioral research in DC plans

Defined contribution plan executives should pursue a “more robust” use of consumer finance behavior research lessons to help participants raise their retirement savings rates, the...

September 16, 2014 | 03:36 pm

BlackRock, Deutsche lead in insurance assets, survey finds

BlackRock and Deutsche Asset & Wealth Management are by far the two largest managers of outsourced insurance company assets, a survey from the Insurance Investment Outsourcing Report states.

September 16, 2014 | 03:24 pm
SEC settles with BlackRock, others over trading infractions

SEC settles with BlackRock, others over trading infractions

BlackRock Institutional Trust and RA Capital Management were among 19 firms and an individual trader that settled with the SEC over charges they illegally participated in stock offerings less than...

September 16, 2014 | 01:34 pm

BlueBay Asset names macro alternatives strategy director

Wike Groenenberg was named alternatives strategy director, macro, at BlueBay Asset Management.

September 16, 2014 | 02:47 pm

Oklahoma Municipal drops Barings for international growth

Oklahoma Municipal Retirement Fund terminated Baring Asset Management as an active international growth equity manager.

September 16, 2014 | 02:43 pm