Latest News

InvestorForce universes down 0.16% in quarter

MSCI's InvestorForce Plan Universes had a median net return of -0.16% in the second quarter.

August 03, 2015 | 12:14 pm
 NZ Super's portfolio review keeps equity exposure at 80%

NZ Super's portfolio review keeps equity exposure at 80%

New Zealand Superannuation Fund's review of its reference portfolio concluded with the Auckland-based fund maintaining its 80% equity and 20% fixed-income weightings.

August 03, 2015 | 08:50 am

Stone Harbor boosts emerging markets debt team

Kumaran Damodaran joined Stone Harbor Investment Partners as a portfolio manager on its emerging markets debt team.

August 03, 2015 | 11:32 am
U.K. corporate plan deficits rise in July

U.K. corporate plan deficits rise in July

The total deficit of U.K. corporate pension funds increased 2.4% to £259 billion ($401.5 billion) in July, said JLT Employee Benefits in its latest monthly index.

August 03, 2015 | 11:17 am

Credit Suisse bolsters institutional distribution

Harald Reczek joined Credit Suisse as head of EMEA and Swiss distribution for its asset management business.

August 03, 2015 | 11:12 am
Mercer recruits Summit Strategies' director of consulting

Mercer recruits Summit Strategies' director of consulting

Jessica Portis will be joining Mercer as a partner in its St. Louis office, said spokesman Bruce Lee.

July 31, 2015 | 03:30 pm

Milwaukee County Retirement System considers lowering bonds, raising equities

Milwaukee County Employees’ Retirement System, Milwaukee, is conducting an asset allocation study that is considering reducing fixed income, while increasing equities and real estate.

July 31, 2015 | 03:23 pm

Florida SBA extends search for chief risk and compliance officer

Florida State Board of Administration, Tallahassee, Thursday reposted the opening for chief risk and compliance officer, seeking to attract more applicants.

July 31, 2015 | 02:50 pm
Use of excess DB plan assets for health care extended to 2025

Use of excess DB plan assets for health care extended to 2025

Excess defined benefit plan assets can now be used to pay for retiree health care and life insurance through 2025.

July 31, 2015 | 02:32 pm

ISS names new chief of Asia-Pacific (ex-Japan) research

Shinbo Won was named head of Asia-Pacific (ex-Japan) research at Institutional Shareholder Services, effective Aug. 3.

July 31, 2015 | 02:04 pm

Interfaith Center on Corporate Responsibility seeks CEO

Interfaith Center on Corporate Responsibility, New York, is searching for a CEO, a new position in a newly restructured leadership.

July 31, 2015 | 02:01 pm

Financial Stability Board suspends plans on designating managers systemically important

The Financial Stability Board will wait to finalize the methodologies for delegating money managers as systemically important financial institutions until its work on risks from money management...

July 31, 2015 | 01:57 pm

Managers bemoan absence of EU ‘passport’

Money management industry associations criticized a recommendation by the European Securities and Markets Authority not to grant U.S. managers an extension of a passport to market alternative...

July 31, 2015 | 01:52 pm

Kainos Capital adds partner for food and consumer products sector

Kevin Elliott has joined private equity firm Kainos Capital as a partner, said Mark Semer, spokesman, in an e-mail.

July 31, 2015 | 11:57 am

Northern Trust expands Canadian investment outsourcing unit

Trang Lam was named vice president and senior client investment officer for Northern Trust Asset Management’s multimanager investment outsourcing unit in Canada.

July 31, 2015 | 11:42 am