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AXA in advanced talks to sell Hong Kong pension fund unit

AXA SA, France's largest insurer, is in advanced talks with bidders including Manulife Financial to sell its pension fund unit in Hong Kong.

September 11, 2014 | 01:23 pm

Apex Fund Services picks new CEO

William Salus was named CEO of alternative fund administrator Apex Fund Services.

September 11, 2014 | 01:18 pm
Towers Watson: U.K. employees turning away from annuities for retirement savings

Towers Watson: U.K. employees turning away from annuities for retirement savings

U.K. employers expect only 40% on average of their employees to buy an annuity to fund their retirement once the government's new rules over defined contribution plans come into effect, beginning in...

September 11, 2014 | 01:09 pm

AXA Investment Managers rounds out Asian fixed-income team

Honyu Fung and Jason Pang joined AXA Investment Managers’ Asian fixed-income team in Hong Kong.

September 11, 2014 | 12:17 pm

Kestrel Partners hires AP3 asset management head

Gustaf Hagerud will join Kestrel Partners in London as a partner.

September 11, 2014 | 12:05 pm

Loop Capital: State, local funding stabilizes in 2013

Pension funding at both the state and local levels appears to be stabilizing, according to the 12th annual public pension funding review announced Wednesday by Loop Capital Markets, which found...

September 10, 2014 | 06:02 pm

N.Y. State Common establishes $2 billion strategic partnership with GSAM

New York State Common Retirement Fund and Goldman Sachs Asset Management established a strategic partnership to run $2 billion in active global equity strategies.

September 10, 2014 | 03:42 pm

U.N. pension fund names top investment officer

Carol Boykin was named the top investment officer of the $52 billion United Nations Joint Staff Pension Fund.

September 10, 2014 | 03:39 pm
CFTC eases restrictions on hedge fund advertising

CFTC eases restrictions on hedge fund advertising

The Commodity Futures Trading Commission softened restrictions on advertising by hedge fund managers that are registered as commodity pool operators.

September 10, 2014 | 02:58 pm
Great-West appoints president to oversee larger retirement business

Great-West appoints president to oversee larger retirement business

Edmund F. Murphy III was named president of the retirement business of Great-West Financial.

September 10, 2014 | 10:48 am
S&P downgrades New Jersey bonds on pension liability concerns

S&P downgrades New Jersey bonds on pension liability concerns

Standard & Poor’s Ratings Services is lowering its rating on New Jersey’s general obligation bonds to A from A+ in part because of the worsening condition of the state’s pension...

September 10, 2014 | 03:10 pm

Nomura Asset Management announces China private equity joint venture

Nomura Asset Management Co. has formed a 50-50 joint venture in Shenzhen with Shenzhen Hua Xia Ren He Capital Management Co. to offer China-domiciled private equity funds and venture capital funds to ...

September 10, 2014 | 04:20 am

European Commission names financial supervisory commissioner

Lord Jonathan Hill of Oareford was named commissioner for financial stability, financial service and capital markets union at the European Commission.

September 10, 2014 | 04:12 pm

Florida SBA makes changes to its watchlist

Florida State Board of Administration, Tallahassee, placed three active U.S. equity managers running $1.5 billion on watch, while it removed two managers running $3.9 billion from watch, said a...

September 10, 2014 | 03:34 pm

Tacoma Employees searches for retirement director

Tacoma (Wash.) Employees’ Retirement System is searching for a retirement director.

September 10, 2014 | 02:35 pm