The Norwegian government has proposed an increase in the strategic benchmark equity allocation of the Government Pension Fund Global to 70% and a decrease in the fund’s expected real rate of...
February 17, 2017 | 02:46 pm
T. Rowe Price Group has been sued by a participant in a company 401(k) plan, alleging that the plan offered only T. Rowe Price investment options without considering less-expensive ones.
February 17, 2017 | 01:27 pm
Fidelity Investments reported $5.7 trillion in assets under administration as of Dec. 31, of which $2.13 trillion were assets under management.
February 17, 2017 | 01:38 pm
Satish Bapat was appointed CEO of NN Investment Partners, effective April 1, replacing Stan Beckers, who is retiring.
February 17, 2017 | 01:49 pm
Illinois Municipal Retirement Fund reports a preliminary net return of 7.9% in 2016 vs. its custom benchmark return of 7.7%.
February 17, 2017 | 12:16 pm
Consolidated Edison Inc. plans to contribute $423 million to its pension plan in 2017.
February 17, 2017 | 11:39 am
PG&E plans to contribute about $327 million to its pension plan in 2017.
February 17, 2017 | 11:04 am
Assets under management for Allianz's money management businesses increased 0.6% for the quarter, and 6.1% for the year ended Dec. 31, to €1.871 trillion ($1.971 trillion), bolstered by growth...
February 17, 2017 | 05:23 am
HgCapital has closed European sector-focused private equity fund HgCapital 8 at £2.5 billion ($3.12 billion) after just five months fundraising.
February 16, 2017 | 03:39 pm
President Donald Trump has nominated Alexander Acosta for secretary of labor, a day after previous nominee Andrew Puzder withdrew.
February 16, 2017 | 11:23 am
Goldman Sachs Asset Management has agreed to acquire the strategic partnership portion of Verus Investors' outsourced CIO business.
February 16, 2017 | 03:25 pm
The Dallas Police & Fire Pension System and CDK Realty Advisors have agreed to “dismiss with prejudice” claims asserted in lawsuits filed against one another last year.
February 16, 2017 | 02:45 pm
Travelers Cos. is considering making annual voluntary contributions of $75 million to $100 million to its defined benefit plan beginning this year, the insurer says.
February 16, 2017 | 02:32 pm
Farm-implements maker Caterpillar plans to contribute $450 million to its defined benefit plans in 2017.
February 16, 2017 | 11:04 am
PepsiCo purchased a group annuity contract in 2016 from an insurance company to transfer defined benefit plan liabilities, a regulatory filing shows.