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Viewing stories published on September, 21, 2017. Click here to view latest.

U.K. regulator exploring issues that affect consultants

REGULATION

REGULATION

The U.K.'s Competition Markets Authority is looking into issues that affect consultants, including competition and conflicts of interest.
Gucci 401(k) participant sues over high fees, poor investments

COURTS

COURTS

A participant in the 401(k) for Gucci America Inc. sued the plan and corporate executives alleging fiduciary violations.
Jay Clayton said illicit trading possible from EDGAR breach

REGULATION

REGULATION

The SEC's EDGAR filing system in 2016 was breached through a software vulnerability, allowing access to non-public information, the SEC chairman said.
University of Maine posts 11.4% fiscal-year return but lags benchmark

ENDOWMENTS AND FOUNDATIONS

ENDOWMENTS AND FOUNDATIONS

University of Maine System's $296 million managed investment pool returned a net 11.4% in the fiscal year ended June 30.
China credit party rolls on as downgrade flags hangover risk

Investing

Investing

China's latest rating cut won't take away the punch bowl, and investors are likely to keep lapping up debt of the nation's companies at an unprecedented pace.

MONEY MANAGEMENT

MONEY MANAGEMENT

Gregory Ohlson joined PineBridge Investments as consultant relations manager.

ALTERNATIVES

ALTERNATIVES

Richard Sem, Tatjana Van Vloten and Radhika Patel joined Pantheon's real assets and infrastructure team.
University of Kentucky endowment returns 10.2%

Endowments and Foundations

Endowments and Foundations

University of Kentucky returned an estimated 10.2% on its $1.4 billion endowment for the fiscal year ended June 30.

MONEY MANAGEMENT

MONEY MANAGEMENT

Jim Cielinski was named global head of fixed income at Janus Henderson Investors.
South Africa labor union eyes dumping PIC for privately owned managers for pension fund

INTERNATIONAL

INTERNATIONAL

Africa's biggest fund manager may be dumped by a labor federation representing 230,000 South African state workers.