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Ontario Municipal Employees posts 10.3% return for 2016

Ontario Municipal Employees posts 10.3% return for 2016

Ontario Municipal Employees' Retirement System, Toronto, returned a net 10.3% on its investments in 2016, helping boost its total assets to C$85.2 billion ($63 billion).

February 24, 2017 | 12:27 pm

UnitedHealth taps vice president to oversee retirement plans

Jaime Erickson was named vice president, wealth strategies for UnitedHealth Group Inc., Minnetonka, Minn.

February 24, 2017 | 04:12 pm

Ares Management’s AUM declines 2% in quarter, but up 1.7% over 2016

Ares Management reported $95.3 billion in assets under management, down 2% from the end of the third quarter but up 1.7% from Dec. 31, 2015, according to the alternative investment manager’s...

February 24, 2017 | 04:04 pm
Minnesota State Board lags benchmark for 2016

Minnesota State Board lags benchmark for 2016

Minnesota State Board of Investment, St. Paul, returned a net 7.6% on its pension investments in 2016 vs. the board's custom benchmark return of 8.3%.

February 24, 2017 | 03:07 pm
Caisse earns 7.6% return on its investments in 2016

Caisse earns 7.6% return on its investments in 2016

Caisse de Depot et Placement du Quebec, Montreal, returned a net 7.6% on its investments in 2016, topping its benchmark's 5.8% return for the year, Caisse said Friday in a news release.

February 24, 2017 | 03:54 pm
Aon plans $185 million contribution to worldwide pension funds in 2017

Aon plans $185 million contribution to worldwide pension funds in 2017

Aon PLC, London, expects to contribute about $185 million total to its worldwide pension plans in 2017.

February 24, 2017 | 03:38 pm
South Carolina misses benchmark with 7.6% return in 2016, outperforms longer term

South Carolina misses benchmark with 7.6% return in 2016, outperforms longer term

South Carolina Retirement Systems, Columbia, posted returns that surpassed its benchmarks in all but one reporting period ended Dec. 31.

February 24, 2017 | 03:04 pm
Pfizer to contribute $1.34 billion to pension plans in 2017

Pfizer to contribute $1.34 billion to pension plans in 2017

Pfizer Inc., New York, will contribute $1.16 billion to its U.S. qualified pension plans in 2017 and $175 million to its international plans.

February 24, 2017 | 02:40 pm

AllianceBernstein recruits global multiasset research director

Jess Gaspar has joined AllianceBernstein as global director of research for its multiasset solutions group.

February 24, 2017 | 02:35 pm
Cigna pays out $150 million to pension plans in February

Cigna pays out $150 million to pension plans in February

Cigna Corp., Bloomfield, Conn., made a voluntary contribution of $150 million to its pension plans in February.

February 24, 2017 | 02:10 pm
 U.S. Bancorp to deposit $185 million to pension plan this year

U.S. Bancorp to deposit $185 million to pension plan this year

U.S. Bancorp plans to contribute $185 million to its defined benefit plan in 2017, according to a regulatory filing.

February 24, 2017 | 01:27 pm
Aon, Mercer, Willis offer feedback to U.K.'s FCA about consultants' concerns

Aon, Mercer, Willis offer feedback to U.K.'s FCA about consultants' concerns

Three global consultants have submitted a package of measures to the U.K.'s financial watchdog, outlining proposals to promote competitiveness and transparency in the investment consultant and...

February 24, 2017 | 01:06 pm
United Continental maps $400 million contribution to pension plans

United Continental maps $400 million contribution to pension plans

United Continental Holdings Inc., Chicago, plans to contribute at least $400 million to its pension plans in 2017.

February 24, 2017 | 01:12 pm
AP1 returns 9.3% in 2016 on real estate, forex strength

AP1 returns 9.3% in 2016 on real estate, forex strength

Stockholm-based AP1 returned 9.3% in 2016, bolstering assets by 7% to 311 billion Swedish kronor ($34 billion).

February 24, 2017 | 12:49 pm
Kraft Heinz to pour $185 million into pension plans in 2017

Kraft Heinz to pour $185 million into pension plans in 2017

Kraft Heinz Co., Pittsburgh, estimates it will contribute approximately $150 million to its U.S. pension plans and approximately $35 million to its non-U.S. plans in 2017.

February 24, 2017 | 12:07 pm