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PPF seeks comment on potential levy changes, employer scorecards

PPF seeks comment on potential levy changes, employer scorecards

Pension Protection Fund, London, launched a consultation paper outlining plans for its levy for the three years starting April 1, 2018, including proposals to revise so-called employer scorecards...

March 23, 2017 | 02:07 pm
U.K. should increase retirement age faster, new report recommends

U.K. should increase retirement age faster, new report recommends

A faster increase in the state pension age, an end to guaranteed increases in pension benefits and a midlife check to help people take stock of their work, health and retirement have been recommended ...

March 23, 2017 | 01:51 pm
Canada targets C$35 billion in investments through infrastructure bank

Canada targets C$35 billion in investments through infrastructure bank

The Canadian government will invest C$35 billion ($26.2 billion) over the next 11 years through its Canada Infrastructure Bank to target transportation, child care and green infrastructure projects,...

March 23, 2017 | 12:32 pm
American Century brings on Lombardia international value equity team

American Century brings on Lombardia international value equity team

American Century Investments lifted out the team managing the international value equity portfolio at Lombardia Capital Partners.

March 22, 2017 | 03:27 pm

Putnam Investments reorganizes small-cap equity group

Putnam Investments is reshaping its global small-cap equity team by adding to the team and reorganizing some roles within the team.

March 22, 2017 | 03:38 pm
Norway wealth fund misses out on returns due to divestment, Norges says

Norway wealth fund misses out on returns due to divestment, Norges says

Norway’s Government Pension Fund Global’s equity portfolio missed out on 1.1 percentage points of additional gain due to the exclusion of stocks on ethical grounds over the past 11 years.

March 22, 2017 | 04:08 pm
Labor secretary nominee says he will support Trump’s directions on fiduciary rule

Labor secretary nominee says he will support Trump’s directions on fiduciary rule

In a confirmation hearing before the Senate Health, Education, Labor and Pensions Committee on Wednesday, Secretary of Labor Nominee R. Alexander Acosta said if confirmed he would support President...

March 22, 2017 | 03:50 pm
Investor group urges SEC not to delay CEO pay ratio disclosure rule

Investor group urges SEC not to delay CEO pay ratio disclosure rule

A group of more than 100 investors and investor organizations representing $3 trillion in total assets is urging the Securities and Exchange Commission not to delay a rule requiring disclosure of a...

March 22, 2017 | 12:34 pm
Moody's: U.K. managers owned by insurers set to increase retirement businesses

Moody's: U.K. managers owned by insurers set to increase retirement businesses

U.K. money management firms owned by insurance companies are set to capitalize on their existing client relationships and expertise when it comes to winning retirement business as the market changes...

March 22, 2017 | 02:44 pm
Ontario Public Service Pension Plan returns 8.1% in 2016

Ontario Public Service Pension Plan returns 8.1% in 2016

Ontario Pension Board, which manages the assets of the Public Service Pension Plan, Toronto, returned a net 8.1% in 2016, 1.5 percentage points above its benchmark.

March 22, 2017 | 01:57 pm
SEC gives green light for T+2 implementation

SEC gives green light for T+2 implementation

The SEC on Wednesday approved reducing the standard settlement cycle for most broker-dealer securities transactions by one day, to two business days.

March 22, 2017 | 01:52 pm
Public Sector Pension Investment Board, Saba Capital settle suit over bond valuations

Public Sector Pension Investment Board, Saba Capital settle suit over bond valuations

Public Sector Pension Investment Board, Montreal, and hedge fund firm Saba Capital Management settled a lawsuit in which PSP claimed Saba had falsified the value of bond holdings before the C$112...

March 22, 2017 | 12:12 pm

Investec Asset Management names head of Africa private equity

Peter Baird was named managing principal for Investec Asset Management's Africa private equity funds.

March 22, 2017 | 12:04 pm
Marlin Management closes 2 funds at total of $3.25 billion

Marlin Management closes 2 funds at total of $3.25 billion

Marlin Management Co. closed Marlin Equity V at $2.5 billion and Marlin Heritage Fund II at $750 million.

March 22, 2017 | 11:49 am

AMP Capital promotes 3 to lead equities, fixed income, Asia-Pacific

AMP Capital announced three promotions on Wednesday, while disclosing its chief investment officer of global equities and fixed income will leave the firm.

March 22, 2017 | 02:35 am