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High-frequency trading lawsuits dismissed against Barclays, exchanges

High-frequency trading lawsuits dismissed against Barclays, exchanges

Lawsuits against Barclays PLC and seven stock exchanges over claims that the exchanges and the bank’s dark pool favored high-frequency traders were dismissed Wednesday by a federal court judge.

August 27, 2015 | 02:34 pm
Secondary market prices to fall in second half of 2015 — NYPPEX

Secondary market prices to fall in second half of 2015 — NYPPEX

Prices for alternative investment fund limited partnership interests are expected to drop in the second half of this year — with secondary median bids declining about 3.5% to an average of 80....

August 27, 2015 | 01:57 pm
Boeing 401(k) fiduciary breach lawsuit settled

Boeing 401(k) fiduciary breach lawsuit settled

Attorneys for The Boeing Co., Chicago, and participants in a Boeing 401(k) plan reached a provisional settlement in a case in which the participants had alleged breaches of fiduciary duty by plan...

August 26, 2015 | 05:47 pm

Palamon Capital Partners’ limited partners in 2 funds sell interests to consortium

Palamon Capital Partners completed a transaction that allowed limited partners in two of its European private equity funds to sell their interests to a consortium of five money managers.

August 26, 2015 | 05:40 pm

S&P 500 gains most since 2011 to halt 6-day rout

U.S. stocks rallied the most since 2011, halting a six-day rout, as investors found some relief after the worst global equity rout in almost four years. Treasuries fell and the dollar rose.

August 26, 2015 | 04:18 pm

New anti-money laundering rules proposed for private funds

Hedge fund, private equity and other private fund managers will have to develop anti-money laundering programs under rules proposed Tuesday by the Treasury Department's Financial Crimes Enforcement...

August 26, 2015 | 03:59 pm

South Carolina looking for asset allocation and risk management investment officer

South Carolina Retirement System Investment Commission is searching for a senior investment officer-asset allocation and risk management.

August 26, 2015 | 03:54 pm
Schlumberger acquisition of Cameron would create company with $17.1 billion in retirement assets

Schlumberger acquisition of Cameron would create company with $17.1 billion in retirement assets

Schlumberger Ltd.'s acquisition of Cameron International Corp. would create a single company with combined retirement assets of about $17.1 billion.

August 26, 2015 | 03:45 pm

Pension Protection Fund brings on head of LDI as part of insourcing move

Trevor Welsh was appointed head of liability-driven investment at the Pension Protection Fund to lead the pension fund’s insourcing of its LDI management.

August 26, 2015 | 02:44 pm

Actuaries think more companies will shift to hybrid plans — survey

Actuaries expect more U.S. corporations to move to hybrid retirement plans following the adoption of the final regulations established by the Pension Protection Act of 2006, said a survey from the...

August 26, 2015 | 02:36 pm
Preqin: Hedge fund assets rise 2.5% in first 6 months of 2015

Preqin: Hedge fund assets rise 2.5% in first 6 months of 2015

Hedge fund industry assets increased 2.5% to $3.2 trillion for the six months ended June 30, new research from Preqin showed in a report released Wednesday.

August 26, 2015 | 02:30 pm
Swedish AP funds form European real estate joint venture with TIAA-CREF

Swedish AP funds form European real estate joint venture with TIAA-CREF

Swedish pension funds AP1 and AP2 joined forces with TIAA-CREF to create a pan-European office investment platform called Cityhold Office Partnership, which intends to build an office portfolio of at ...

August 26, 2015 | 02:13 pm
Parker Hannifin to contribute $278 million to global pension funds

Parker Hannifin to contribute $278 million to global pension funds

Parker Hannifin Corp. plans to contribute $278 million to its global defined benefit plans during its fiscal year 2016 that started July 1, the company announced in its 10-K filing Wednesday.

August 26, 2015 | 01:05 pm

Angelo, Gordon adds head of credit

Joshua S. Baumgarten will join Angelo, Gordon as senior managing director and head of credit.

August 26, 2015 | 08:00 am

University of California at San Francisco Foundation recruits first CIO

David Harkins was named the first chief investment officer for the University of California at San Francisco Foundation.

August 25, 2015 | 04:03 pm