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Assets outsourced to managers jump 54% in 4 years

Assets outsourced to managers jump 54% in 4 years

Insurance companies outsourced almost $2.8 trillion to the 50 largest money management firms managing non-affiliated insurance assets, a 54% increase from four years earlier, Pensions &...

September 01, 2014
BlackRock powers up a hedge fund unit

BlackRock powers up a hedge fund unit

BlackRock Inc., the world's largest money manager, is creating a hedge fund boutique within its vast investment management empire.

September 01, 2014
Growth slows for top 300 plans' assets

Growth slows for top 300 plans' assets

Assets of the world's largest 300 retirement funds increased 6.2% in 2013. That is the fifth year in a row of positive growth for the top 300 funds across the glob, but a slower pace compared with...

September 01, 2014

Sky Investment Counsel closes after largest client withdraws

Sky Investment Counsel Inc., a global and international equity manager, is closing.

August 29, 2014 | 01:02 pm

Brink’s offers lump-sum payment to former employees

The Brink’s Co., Richmond, Va., announced on Friday it has offered certain former employees who are vested in its U.S. defined benefit plan the option to accept a lump sum.

August 29, 2014 | 04:16 pm

SIS hires senior consultant

Margaret S. Jadallah was named senior vice president and senior consultant at investment consultant Strategic Investment Solutions.

August 29, 2014 | 11:56 am
AP2, AP3 reach record asset levels

AP2, AP3 reach record asset levels

AP2 saw its assets grow to a record 280.3 billion Swedish kronor ($40.3 billion), a 5.9% increase over the six months ended June 30. AP3 also announced a 5.5% increase in assets to a record 272.6...

August 29, 2014 | 12:54 pm
Japan’s GPIF reduces bond allocation, increases equities in quarter

Japan’s GPIF reduces bond allocation, increases equities in quarter

Japan’s Government Pension Investment Fund on Friday announced that the value of its investment portfolio was 127.3 trillion yen (US$1.23 trillion) as of the June 30 close of its fiscal first...

August 29, 2014 | 01:13 pm

Threadneedle taps Samsung AM vet to lead new office in Seoul

Chris Chan Suk Lee joined Threadneedle Investments in Seoul as Korea chief representative with the London-based firm’s newly opened representative office there.

August 29, 2014 | 11:47 am

Merced County narrows infrastructure search to 2 managers

Merced County (Calif.) Employees’ Retirement Association named KKR & Co. and Morgan Stanley Investment Management as finalists in its search for an infrastructure manager to run up to $20...

August 29, 2014 | 11:40 am

N.Y. State Deferred Comp axes Eaton Vance fund; performance cited

New York State Deferred Compensation Plan is removing the Eaton Vance Large Cap Value Fund, managed by Eaton Vance Management, from the investment lineup of the $17.6 billion plan.

August 29, 2014 | 11:31 am

F&C picks 2 for global rates, money markets team

Sujay Shah and Paul Robinson joined F&C Asset Management as directors on the global rates and money markets team.

August 28, 2014 | 01:50 pm

Boston University removes EII Global Property Fund from 2 DC plans

Boston University is removing the EII Global Property Fund Class Institutional, managed by EII Capital Management, from the investment lineup of its 403(b) Boston University Retirement Plan and...

August 28, 2014 | 03:42 pm
Yale approves environmentally conscious investment guidance

Yale approves environmentally conscious investment guidance

Yale University's Corporation Committee on Investor Responsibility on Thursday approved new environmentally conscious guidance for the campus-based Advisory Committee on Investor Responsibility when...

August 28, 2014 | 03:37 pm
Hawaii ERS gains 17.4% for fiscal year

Hawaii ERS gains 17.4% for fiscal year

Hawaii Employees' Retirement System, Honolulu, returned 17.4% for the fiscal year ended June 30, slightly below its policy benchmark of 17.5%.

August 28, 2014 | 11:47 am