Legislation

Employer groups happy with high court nominee

Employer groups happy with high court nominee

Supreme Court nominee Neil Gorsuch's legal positions are reassuring employer groups that they will have a pro-business ally critical of regulators and investor lawsuits if he is confirmed to replace...

February 06, 2017
Trump calls for Dodd-Frank review, fiduciary rule delay or replacement

Trump calls for Dodd-Frank review, fiduciary rule delay or replacement

President Donald Trump continued his push to trim federal regulations Friday, signing an executive order that federal regulators revisit the 2010 Dodd-Frank Wall Street Reform and Consumer Protection ...

February 03, 2017 | 01:57 pm
Blackstone may want $40 billion for infrastructure

Blackstone may want $40 billion for infrastructure

Blackstone Group LP would target as much as $40 billion for infrastructure deals if the world's biggest private equity firm re-enters the sector, says one of its top dealmakers.

February 01, 2017 | 12:49 pm
Democrats boycott Senate committee vote on Treasury nominee Steven Mnuchin

Democrats boycott Senate committee vote on Treasury nominee Steven Mnuchin

A Senate Finance Committee executive session scheduled to vote Tuesday on Steven Mnuchin as the next Treasury secretary was derailed when Democratic members boycotted the meeting.

January 31, 2017 | 11:24 am
The evolution of the ETF industry

The evolution of the ETF industry

The explosion in ETF assets is evidence of a broad shift in the way investors approach asset allocation, looking for any edge they can find to increase performance and lower volatility.

January 31, 2017 | 11:02 am
Solvency proposal could cut into Norwegian fund returns

Solvency proposal could cut into Norwegian fund returns

Norwegian occupational pension plans will be forced to reduce equity and alternatives allocations in 2018 should capital requirements under the Solvency II directive be extended to cover their...

January 30, 2017 | 12:13 pm
Federal regulators back church-plan sponsors in Supreme Court challenge

Federal regulators back church-plan sponsors in Supreme Court challenge

Federal pension regulators joined the U.S. solicitor general in urging the Supreme Court to overturn lower court rulings that church-affiliated defined benefit plan sponsors must be covered by ERISA.

January 30, 2017 | 05:18 pm
Iron Workers pension benefit reductions to start in February

Iron Workers pension benefit reductions to start in February

Iron Workers Local 17 Pension Fund, Cleveland, will implement a benefit reduction plan Feb. 1, following approval by plan participants by a ratio of 2-to-1, the pension fund announced Friday.

January 27, 2017 | 04:09 pm
The growing need for boardroom climate competency

The growing need for boardroom climate competency

Large institutional investors are calling for climate-competent boards and directors as part of their fiduciary responsibility to preserve and enhance the long-term value of their investment assets.

January 25, 2017 | 05:00 am
Senate Democrats unveil $1 trillion infrastructure plan

Senate Democrats unveil $1 trillion infrastructure plan

Senate Democrats unveiled an ambitious infrastructure plan Tuesday that calls for spending $1 trillion over the next 10 years on infrastructure projects ranging from roads and bridges to broadband.

January 25, 2017 | 03:41 pm
Court rules to put Brexit to Parliamentary vote

Court rules to put Brexit to Parliamentary vote

The U.K. Supreme Court ruled Tuesday that Parliament must vote on whether the government can trigger the Brexit process.

January 24, 2017 | 06:17 am
South Dakota House passes bill altering pension COLA formula

South Dakota House passes bill altering pension COLA formula

South Dakota's House of Representatives on Monday voted 65-3 in favor of a bill changing the cost-of-living-allowance requirements for the $10.5 billion South Dakota Retirement System.

January 24, 2017 | 12:27 pm
Investors urged to look hard at routing

Investors urged to look hard at routing

Recent settlements over market makers providing misleading information on equity trades have put institutional investors on notice that they need to take a closer look of how their trades are routed.

January 23, 2017
Proposal for national securities regulator in Canada gains traction

Proposal for national securities regulator in Canada gains traction

A proposed national securities regulator in Canada that's targeting a 2018 start to operations is getting support from institutional investors keen of reducing a web of market regulations.

January 23, 2017
New administration's environmental policies unlikely to undermine investor ESG focus

New administration's environmental policies unlikely to undermine investor ESG focus

Despite the Trump administration's pledge to scale back environmental rules and regulations, the private equity industry's commitment toward developing meaningful environmental, social and governance ...

January 20, 2017 | 12:01 am