Latest News

GMO taps new CEO, brings on head of investments team

GMO taps new CEO, brings on head of investments team

Scott Hayward was named CEO of Grantham, Mayo, Van Otterloo & Co., effective Feb. 13.

January 23, 2017 | 12:51 pm

Carmel Partners closes $1 billion multifamily real estate fund

Carmel Partners closed its latest real estate fund, Carmel Partners Investment Fund VI, at $1.03 billion, exceeding its $1 billion target.

January 23, 2017 | 03:32 pm

Merced County Employees mulls custody negotiations with Northern Trust after stalling with BNY Mellon

Merced County (Calif.) Employees' Retirement Association's board on Thursday will consider a staff proposal to begin custody contract negotiations with Northern Trust, which was the second-place...

January 23, 2017 | 04:20 pm

Paine & Partners appoints managing director of portfolio performance

Adam Fless was named managing director, portfolio performance, at private equity firm Paine & Partners.

January 23, 2017 | 04:01 pm
CFTC extends comment period on Reg AT proposal

CFTC extends comment period on Reg AT proposal

The Commodity Futures Trading Commission on Monday extended to May 1 the comment period for its supplemental Regulation Automated Trading proposal.

January 23, 2017 | 03:28 pm
Brazil government rules out changes to pension reform plan

Brazil government rules out changes to pension reform plan

Brazil's government has ruled out significant changes to its pension reform plan as the market has already priced in its approval in its current form, according to President Michel Temer's top aide.

January 23, 2017 | 02:54 pm

Aon Hewitt adds senior consultant for fiduciary management business

William Parry joined Aon Hewitt as senior consultant within the fiduciary management business.

January 23, 2017 | 01:54 pm
Schwab sued over cost of its 401(k) investment options

Schwab sued over cost of its 401(k) investment options

A participant in a Charles Schwab Corp. 401(k) plan sued plan and corporate executives, alleging they violated their ERISA duties by offering Schwab funds that were “more expensive than...

January 23, 2017 | 02:05 pm
U.K. corporate pension funding deficits return to pre-Brexit levels — analysis

U.K. corporate pension funding deficits return to pre-Brexit levels — analysis

The combined deficit of U.K. corporate pension funds has returned to pre-Brexit levels, said consultant Hymans Robertson.

January 23, 2017 | 12:41 pm
Alcatel-Lucent enters into second buy-in for U.K. pension plan

Alcatel-Lucent enters into second buy-in for U.K. pension plan

Alcatel-Lucent Pension Scheme, London, completed a £100 million ($123.7 million) buy-in with Pension Insurance Corp.

January 23, 2017 | 12:27 pm

Ann Arbor Employees picks new executive director

Wendy K. Orcutt has been named executive director of the $471 million Ann Arbor Employees' Retirement System.

January 20, 2017 | 02:22 pm
Omaha Police and Fire launch shortlist search for small-cap growth manager

Omaha Police and Fire launch shortlist search for small-cap growth manager

Omaha Police and Fire Retirement System is conducting a shortlist search for an active domestic small-cap growth equity manager to run $31 million.

January 20, 2017 | 03:43 pm

San Joaquin County taps next CEO

Johanna Shick is named CEO of the $2.5 billion San Joaquin County Employees' Retirement Association after a unanimous vote by the system's board,

January 20, 2017 | 10:38 am
Fidelity names new country head for China

Fidelity names new country head for China

Jackson Lee is named country head in China for Fidelity International.

January 20, 2017 | 11:10 am

Finnish manager Ilmarinen moves to sustainability indexes to dictate compensation

Finnish manager Ilmarinen has moved to MSCI sustainability benchmark indexes for its equity portfolio and portfolio managers’ compensation will be determined based on their performance relative ...

January 20, 2017 | 04:15 pm