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Census Bureau: Public pension fund assets climb 1.4% in second quarter

The 100 largest U.S. public employee retirement systems had $3.305 trillion in assets as of June 30, a 1.4% increase from three months earlier.

September 29, 2016 | 06:12 pm
FTSE Russell: China A shares won't be added to secondary emerging markets index

FTSE Russell: China A shares won't be added to secondary emerging markets index

FTSE Russell announced that China A shares will not yet be included as a secondary emerging market, one of the results of its annual country classification review.

September 29, 2016 | 05:25 pm
Och-Ziff to pay $413 million to settle civil, criminal bribery charges

Och-Ziff to pay $413 million to settle civil, criminal bribery charges

Och-Ziff Capital Management Group will pay nearly $200 million to settle SEC charges of bribing African government officials, and a criminal penalty of $213 million as part of a deferred prosecution...

September 29, 2016 | 04:07 pm
California governor signs Secure Choice bill into law

California governor signs Secure Choice bill into law

California Gov. Edmund G. Brown Jr. signed legislation to implement a state-run Secure Choice retirement savings program for 7 million private-sector employees who lack access to a workplace plan....

September 29, 2016 | 04:00 pm
Cornell endowment returns -3.3%; announces investment office will move to NYC

Cornell endowment returns -3.3%; announces investment office will move to NYC

Cornell University announced its $6.1 billion endowment posted an investment return of -3.3% for the fiscal year ended June 30.

September 29, 2016 | 03:45 pm
Corporate boards need regular change, CII conference attendees told

Corporate boards need regular change, CII conference attendees told

Changing corporate board membership is the best way to open seats to a more diverse set of directors, John Thompson, chairman of Microsoft Corp., said Thursday.

September 29, 2016 | 03:39 pm

Santa Barbara County increases alternatives in new asset allocation

Santa Barbara County (Calif.) Employees' Retirement System is increasing targets to international developed markets equities, non-investment-grade fixed income, private equity, real estate and real...

September 29, 2016 | 03:36 pm
Vanguard appoints new head of European business

Vanguard appoints new head of European business

Sean Hagerty will become head of Vanguard Europe, effective at the end of this year, as part of a reshuffle at the firm.

September 29, 2016 | 02:13 pm
Manchester Pension Fund drops 0.8% in fiscal year, trailing average of local plans

Manchester Pension Fund drops 0.8% in fiscal year, trailing average of local plans

Greater Manchester Pension Fund, Manchester, England, returned -0.8% in the fiscal year ended March 31, and assets fell 1.5% to £17.3 billion ($24.9 billion).

September 29, 2016 | 02:51 pm
Former BlackRock U.K. portfolio manager charged with insider dealing

Former BlackRock U.K. portfolio manager charged with insider dealing

The U.K. Financial Conduct Authority has charged former BlackRock portfolio manager Mark Lyttleton with three counts of insider dealing.

September 29, 2016 | 11:58 am
Congress averts government shutdown

Congress averts government shutdown

The House of Representatives approved late Wednesday a spending bill that funds the federal government through Dec. 9.

September 29, 2016 | 11:14 am

REST Super hires general manager investments

Brendan Casey was named general manager investments at REST Industry Super, the A$39 billion ($29.2 billion) Sydney-based superannuation fund focused on Australian retail sector...

September 29, 2016 | 11:27 am

Manulife Asset Management adds head of EMEA client service

Neil Summers joined Manulife Asset Management as head of Europe, Middle East and Africa client service and sales support.

September 29, 2016 | 11:22 am
Rhode Island Employees reducing hedge funds, TIPS, infrastructure

Rhode Island Employees reducing hedge funds, TIPS, infrastructure

Rhode Island State Investment Commission, Providence, on Wednesday approved changes to the target asset allocation of the Rhode Island Employees' Retirement System.

September 28, 2016 | 04:08 pm
BlackRock's Fink: Long-term thinking essential in today's environment

BlackRock's Fink: Long-term thinking essential in today's environment

Laurence D. Fink, chairman and CEO of BlackRock, is continuing to advocate the value and importance of companies engaging in long-term thinking.

September 28, 2016 | 05:59 pm