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San Diego County Employees closes door on outsourced CIO

San Diego County Employees closes door on outsourced CIO

San Diego County Employees Retirement Association board voted 8-1 to search for an internal chief investment officer, effectively terminating its outsourced CIO, Salient Partners.

November 24, 2014 | 01:46 pm
PBGC to finalize rollover rule

PBGC to finalize rollover rule

Participants in defined contribution plans can combine those assets with their defined benefit plans without exceeding federal guarantee limits set by the Pension Benefit Guaranty Corp., under a rule ...

November 24, 2014 | 03:25 pm

Cerulli: Target-date funds snagging larger share of 401(k) assets

Target-date funds will continue to grab more 401(k) assets, capturing 88% of new contributions to the plans and representing 34.6% of total 401(k) assets by the end of 2019, according to new research ...

November 24, 2014 | 02:37 pm

Hawaii Employees sets 2015 private equity goals

Hawaii Employees' Retirement System could commit between $250 million and $350 million to six to 10 private equity funds in 2015 as part of the pension fund's multiyear expansion of its private...

November 24, 2014 | 02:25 pm

Alcentra closes European direct lending fund at just over $1 billion

Alcentra Group’s European Direct Lending Fund held a final close of €850 million ($1.06 billion).

November 24, 2014 | 01:14 pm
Corporate Japan might take lesson from GPIF

Corporate Japan might take lesson from GPIF

The Government Pension Investment Fund's recent shift to more aggressive investment targets could be followed soon by significant reforms to Japan's corporate retirement system.

November 24, 2014

EU threat of soft-dollar ban still alive, raising questions for managers

The possibility of European regulations banning the use of soft dollars for third-party research is alive and well, despite talk in the U.K. and Europe that regulators would settle for something that ...

November 24, 2014
Popularity:  Way to explain performance

Popularity: Way to explain performance

Two well-known researchers are upending the fundamental standard of using a risk-and-return framework to explain relative performance of different asset classes and different securities.

November 24, 2014

U.S. is location, location, location for foreign buyers

U.S. real estate still attractive to foreign institutional investors.

November 24, 2014 | 12:01 am

Federal workers prep for retirement plan changes

Congress likely to seek contribution hikes to offset budget spending.

November 24, 2014 | 12:01 am
VRS starts

VRS starts "experiment' with strategic alliances

The $65.2 billion Virginia Retirement System, Richmond, is ready to join the growing ranks of public pension funds creating strategic alliances with external investment managers.

November 24, 2014
JM Family Enterprises' DC plan is big on alternatives

JM Family Enterprises' DC plan is big on alternatives

Seeking to reduce risk and volatility in the company's defined contribution plans, officials at JM Family Enterprises Inc. have been adding alternative investments ranging from commodities and hedge...

November 24, 2014
BlackRock, TCW, others   gaining from PIMCO turmoil

BlackRock, TCW, others gaining from PIMCO turmoil

BlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc....

November 24, 2014

We need your help to make the P&I 1,000 issue better

Pensions & Investments' data reporting is nothing without our readers' cooperation. In recognition of that, we are providing, free of charge, full historical access to the P&I...

November 24, 2014

Jim Mosman, former CalSTRS CEO and NTCR executive, dies

Jim Mosman, former CEO of the California State Teachers' Retirement System and former executive director of the National Council on Teacher Retirement, died Nov. 4 in an apparent suicide.

November 24, 2014