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2 Canadian pension funds start renewable energy, water infrastructure firm with Santander

2 Canadian pension funds start renewable energy, water infrastructure firm with Santander

Ontario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and...

May 28, 2015 | 01:12 pm
Chevron shareholders support proxy-access proposal; near majority at Exxon Mobil

Chevron shareholders support proxy-access proposal; near majority at Exxon Mobil

Chevron Corp. shareholders voted 55% in support of a proxy-access proposal, while Exxon Mobil Corp. shareholders voted 49.4% in favor of a similar access proposal, according to preliminary voting...

May 27, 2015 | 03:33 pm
Aberdeen to expand U.S. presence with FLAG Capital Management acquisition

Aberdeen to expand U.S. presence with FLAG Capital Management acquisition

Aberdeen Asset Management will acquire U.S. and Hong Kong-based private equity and real assets funds-of-funds manager FLAG Capital Management, in a deal that will expand Aberdeen's presence in the U....

May 27, 2015 | 11:10 am
Canada to consider additional voluntary contributions to Canada Pension Plan

Canada to consider additional voluntary contributions to Canada Pension Plan

The Canadian government will hold consultations this summer “with experts and stakeholders” about whether to allow voluntary additional contributions to the C$264.6 billion ($220.3...

May 27, 2015 | 03:10 pm

Morningstar: 529 plan assets grow 9% in 2014

College savings plan assets grew about 9% to nearly $218 billion as of Dec. 31 from a year earlier, a report from Morningstar said.

May 27, 2015 | 03:46 pm

North Dakota DC plans put T. Rowe Price fund on watch for performance

North Dakota Public Employees Retirement System put the T. Rowe Price Equity Income Fund on watch for performance.

May 27, 2015 | 03:28 pm

Aegon: Retirement readiness improving globally, but still far off

While retirement readiness is improving, many respondents to an Aegon survey fail to plan for their retirement properly or have an appropriate backup plan in place.

May 27, 2015 | 01:59 pm
Air Canada to opt out of pension funding agreement as surplus tops C$1 billion

Air Canada to opt out of pension funding agreement as surplus tops C$1 billion

Air Canada will opt out of a 2013 agreement with the Canadian government and Air Canada employees that required the airline to contribute an average of C$200 million ($166 million) annually to its...

May 27, 2015 | 01:39 pm
Investors pushing out of peripheral European bonds to safety of Germany, France

Investors pushing out of peripheral European bonds to safety of Germany, France

Continued uncertainty related to Greece’s ability to meet loan obligations, a potential exit from the eurozone and worries of a contagion effect to Spain has pushed investors to sell out of...

May 27, 2015 | 12:57 pm

Abu Dhabi Investment Authority hires head of U.S. internal equities group

John Pandtle joined the Abu Dhabi Investment Authority as head of U.S. in its internal equities department.

May 27, 2015 | 11:51 am

PIMCO Australia names head of investment due diligence group

David Erdonmez will join PIMCO Australia in late June as a senior vice president, account manager and head of the firm’s investment due diligence group.

May 27, 2015 | 05:56 am

CBRE: Asian cross-border real estate investments hit first-quarter record

Cross-border commercial real estate investments by Asian investors reached a first-quarter record of $8.7 billion, with the U.S. market attracting almost 40% of the total, CBRE Group announced...

May 27, 2015 | 05:47 am
FTSE announces first emerging markets indexes with China A-shares exposure

FTSE announces first emerging markets indexes with China A-shares exposure

FTSE on Tuesday announced the launch of two “transitional indexes” allowing institutional investors to add an initial increment of China A-shares exposure to their emerging markets...

May 26, 2015 | 07:47 am

CalSTRS, Legion drop proxy solicitation fight at Perry Ellis

CalSTRS and Legion Partners Holdings withdrew their slate of nominees to the Perry Ellis International Inc. board of directors and ended their proxy solicitation contest “in response to recent...

May 26, 2015 | 03:30 pm

Chicago Municipal Employees chooses new investment officer

Juan Lopez Jr. was named investment officer at the $5.1 billion Chicago Municipal Employees' Annuity & Benefit Fund.

May 26, 2015 | 12:05 pm