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Texas Teachers picks new head for emerging managers

Cheryl Lynette Hines will join the Texas Teacher Retirement System on Dec. 1 as director of the $129 billion fund's emerging managers program.

November 20, 2014 | 03:58 pm

Moody’s finds decline in public pension liabilities in fiscal year 2013

State public pension funds saw a decline in liabilities in fiscal year 2013, thanks to favorable investment performance and higher contribution levels, said Moody’s Investors Service.

November 20, 2014 | 05:19 pm

Students sue Harvard over fossil-fuel investments

A group of seven Harvard University students filed a lawsuit Wednesday against Harvard University and Harvard Management Corp. among others demanding the university divest all of its holdings in...

November 20, 2014 | 04:10 pm

Northern Trust hires 2 for multimanager, consultant relations teams

strong>Armand Yambao was named pension risk strategist on Northern Trust's multimanager solutions team.

November 20, 2014 | 03:00 pm

Alaska Permanent Fund posts -1.2% return for quarter

Alaska Permanent Fund Corp. returned -1.2% for the quarter ended Sept. 30, slightly above its benchmark return of -1.6%.

November 20, 2014 | 01:48 pm

BlueBay shuts macro hedge fund as portfolio manager leaves to start own venture

BlueBay Asset Management is closing its $1.4 billion macro hedge fund after a senior portfolio manager left the London-based firm to start his own venture.

November 20, 2014 | 03:04 pm

Securian acquires majority interest in Asset Allocation & Management Co.

Securian Financial Group agreed to purchase a majority interest in Asset Allocation & Management Co. from a private equity fund managed by Stone Point Capital and related investors.

November 20, 2014 | 03:13 pm
Illinois court to hear arguments on pension reform law's constitutionality

Illinois court to hear arguments on pension reform law's constitutionality

A Sangamon County Circuit Court judge was set to hear oral arguments Thursday over the constitutionally of Illinois' pension reform law passed last year.

November 20, 2014 | 02:49 pm

U.S.-domiciled socially responsible investing assets jump 76% in 2 years

U.S.-domiciled sustainable, responsible and impact investing assets under management were up to $6.57 trillion at the beginning of 2014, an increase of 76% from two years previously, said a report...

November 20, 2014 | 02:41 pm

CPPIB commits additional $400 million to China real estate joint venture

Canada Pension Plan Investment Board committed an additional US$400 million to Goodman China Logistics Holding, the board’s joint venture with real estate investment manager Goodman Group, to...

November 20, 2014 | 12:33 pm

U.K.’s Pension Regulator chooses CEO

Lesley Titcomb was appointed CEO of the U.K.'s The Pensions Regulator.

November 20, 2014 | 12:24 pm

Louisiana Municipal Police narrows bank loan search to 3 firms

Louisiana Municipal Police Employees Retirement System named three finalists in its invitation-only search for the pension fund's first bank loan manager to run between $50 million and $55 million.

November 20, 2014 | 11:49 am

London Pensions Fund Authority names new CIO

Chris Rule joined London Pensions Fund Authority as chief investment officer.

November 20, 2014 | 11:01 am
Texas Teachers' returns flat for quarter; benchmarks topped in all other periods

Texas Teachers' returns flat for quarter; benchmarks topped in all other periods

Texas Teacher Retirement System returns were flat in the three months ended Sept. 30, said a performance report by investment consultant Hewitt EnnisKnupp.

November 20, 2014 | 10:31 am
SEC to require backup operational plans for large-volume trading venues

SEC to require backup operational plans for large-volume trading venues

The SEC on Wednesday approved requiring large-volume equity exchanges, alternative trading systems and dark pools to submit to the agency backup operational plans in case those venues' technological...

November 19, 2014 | 02:38 pm