Latest News

CalPERS considers policy pressuring companies to replace longtime independent directors

CalPERS’ investment committee is scheduled to vote after a first reading on Feb. 16 on a revision to its new global governance policy that could pressure publicly traded companies to remove...

February 09, 2016 | 04:23 pm

Secondary market transactions flat in 2015 — report

Growth in the alternative investment secondary market slowed in 2015 with total volume of completed transactions up 0.6% to $49.6 billion from $49.3 billion a year earlier, said a report by secondary ...

February 09, 2016 | 04:10 pm

Oaktree AUM up 7% in 2015 but fees, net income down

Oaktree Capital Group's assets under management were $97.4 billion as of Dec. 31, down 3% from the end of the third quarter but up 7% year-over-year, the alternative investment management firm's...

February 09, 2016 | 03:55 pm
Obama budget highlights greater funding for financial regulators, higher PBGC premiums

Obama budget highlights greater funding for financial regulators, higher PBGC premiums

President Barack Obama called for doubling the budgets of financial regulators over the next five years in his fiscal year 2017 budget released Tuesday.

February 09, 2016 | 03:31 pm

Fresno County looking to broaden hedge fund allocation with Grosvenor

Fresno County (Calif.) Employees’ Retirement Association is looking at expanding its relationship with hedge fund-of-funds manager Grosvenor Capital Management to a strategic partnership.

February 09, 2016 | 01:30 pm

American Red Cross strengthens operations, governance

Jane A. Western and Carol Lindsey joined the investment staff of American Red Cross.

February 09, 2016 | 12:29 pm
Milliman: Negative investment returns drop pension funding ratios in January

Milliman: Negative investment returns drop pension funding ratios in January

The funded status of the 100 largest U.S. corporate pension plans fell 1.8 percentage points to 80.9% at the end of January, primarily the result of poor market performance, said the Milliman 100...

February 09, 2016 | 11:56 am

U.K. pension funding deficit soars in January

Falling gilt and equity markets in January contributed to a 37.1% increase in deficits for the defined benefit funds covered by the Pension Protection Fund's 7800 index, leaping to £304.9...

February 09, 2016 | 12:02 pm
Japanese markets plummet in risk-off environment

Japanese markets plummet in risk-off environment

The risk-off baton passed to Japanese markets with a vengeance Tuesday, with the yield on the benchmark 10-year Japanese government bond dropping into negative territory for the first time, equities...

February 09, 2016 | 05:13 am
Assets of largest retirement funds tumble 2.3% for year

Assets of largest retirement funds tumble 2.3% for year

Assets of the largest 1,000 U.S. retirement plans totaled $8.84 trillion on Sept. 30, a dip of 2.3% from a year earlier.

February 08, 2016

Illinois State Board seeking consultant for 457 plan

Illinois State Board of Investment is searching for an investment consultant for the $4.1 billion Illinois State Employees' 457 Deferred Compensation Plan.

February 08, 2016 | 02:17 pm

Hedge fund M&A activity heats up in 2015 — report

Hedge fund merger and acquisition activity was up 31% in 2015 with 42 deals completed or announced, reported Madison Street Capital's financial services and investment banking team.

February 08, 2016 | 03:56 pm
Gaming systems coming to a custodian near you

Gaming systems coming to a custodian near you

Developers are visualizing a brave new world in custody that would apply high-tech gaming techniques like voice activation, hands-free data entry and movement recognition to deliver asset servicing...

February 08, 2016
GPIF advisory committee: Green light for derivatives; yellow for in-house stocks

GPIF advisory committee: Green light for derivatives; yellow for in-house stocks

An advisory committee Monday moved closer to recommending Japan's Government Pension Investment Fund be given more scope to use derivatives to manage risks to its ¥135.1 trillion ($1.16 trillion) ...

February 08, 2016 | 12:03 pm
Global slowdown increasingly seen as biggest threat to performance — NEPC

Global slowdown increasingly seen as biggest threat to performance — NEPC

A slowdown in global economic growth was the greatest near-term threat to investment performance in the quarter ended Dec. 31, said 67% of chief investment officers of endowments and foundations said ...

February 08, 2016 | 03:59 pm