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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.