Latest News
Halliburton adds target-date funds to DC plan
Halliburton Co., Houston, added custom target-date funds for the first time to its Retirement and Savings Plan.
June 17, 2013 | 03:09 pm
Franklin Templeton completes purchase of Pelagos
Franklin Templeton Investments on Monday completed the purchase of the 80% interest it did not already own in alternative investment manager, Pelagos Capital Management.
June 17, 2013 | 05:39 pm
CalPERS panel adopts lower return assumptions for fixed income
CalPERS' investment committee approved a staff recommendation calling for a 174-basis-point drop in fixed-income return expectations from 4.5% and a 305-basis-point drop for inflation-linked...
June 17, 2013 | 05:57 pm
Russell adds managing director focusing on Canadian institutional market
Joseph Gelly was named managing director, Canada institutional, at Russell Investments Canada.
June 17, 2013 | 03:35 pm
CalPERS names Eliopoulos to run fund temporarily
Theodore Eliopoulos, CalPERS' senior investment officer for real estate, is taking on day-to-day responsibility of the pension fund while Chief Investment Officer Joseph...
June 17, 2013 | 10:42 am
New Century Advisors names sales, marketing chief
Bonnie Pierce joined New Century Advisors as director of sales and marketing.
June 17, 2013 | 03:44 pm
Wells Fargo to begin second Minnesota securities lending trial
Wells Fargo & Co. faces a second Minnesota trial over claims by institutional investors that the bank marketed a risky securities lending program as safe and cost them millions of dollars in losses.
June 17, 2013 | 02:55 pm
Google settles suit with Massachusetts pension fund
Google Inc. settled a lawsuit brought by the Brockton (Mass.) Contributory Retirement System over the company's plan for a stock split that shareholders claimed would unfairly allow founders Larry...
June 17, 2013 | 12:44 pm
RBS pension fund executive heads to Tetra Laval
Ray Martin was named global benefits director of Tetra Laval Group, a global packaging, processing and distribution solutions company.
June 17, 2013 | 12:41 pm
Eastspring Investments taps head of its Singapore unit as firm's next CEO
Guy Strapp will become CEO of Eastspring Investments, Prudential plc's Asian asset management arm, effect Aug. 1.
June 17, 2013 | 06:17 am
Texas Teachers sets 3% allocation to energy, natural resources
Texas Teacher Retirement System is carving out a dedicated energy and natural resources portfolio with an initial allocation of 3% — about $3.5 billion in current dollars.
June 14, 2013 | 12:40 pm
Chrysler to freeze U.S. pension plans for salaried employees
Chrysler Group LLC will freeze its U.S. defined benefit pension plans for salaried employees effective Dec. 31.
June 14, 2013 | 03:35 pm
TCW names new institutional distribution, marketing chief
Joseph Carieri will join TCW Group as head of institutional distribution and marketing, replacing Chris Scibelli, who is leaving the firm to pursue other opportunities.
June 14, 2013 | 05:01 pm
Detroit creditor plan includes 'significant cuts' to pension benefits
Kevyn D. Orr, emergency manager for Detroit, outlined his plan on Friday to avert impending financial disaster, including benefit cuts for the city's two public pension plans.
June 14, 2013 | 04:05 pm
Former UBS Global DC chief opens own firm
Drew Carrington has left his job as managing director and head of defined contribution and retirement solutions at UBS Global Asset Management to run his own firm consulting to defined contribution...
