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Viewing stories published on September, 22, 2017. Click here to view latest.

University of Pennsylvania wins retirement plan suit

COURTS -

COURTS -

A lawsuit challenging the fees and investments options offered in the retirement plan sponsored by The University of Pennsylvania was dismissed by a federal court.

ESG -

ESG -

Marcel Jeucken is leaving PGGM, the manager of the €185 billion ($221 billion) Pensioenfonds Zorg en Welzijn.

ALTERNATIVES -

ALTERNATIVES -

Luis Mayans was named vice president and head of private debt, Europe, at Caisse de Depot et Placement du Quebec.
University of Minnesota posts 8.6% return

ENDOWMENTS AND FOUNDATIONS -

ENDOWMENTS AND FOUNDATIONS -

University of Minnesota Foundation, Minneapolis, returned a net 8.6% on its investments for the 12 months ended June 30.
Washington boosts private markets allocation by 5 percentage points to 48%

PENSION FUNDS -

PENSION FUNDS -

The Washington State Investment Board approved a new asset allocation that increases illiquid asset exposures by 5 percentage points.
University of Mississippi endowment gains 14.9% in latest fiscal year

ENDOWMENTS AND FOUNDATIONS -

ENDOWMENTS AND FOUNDATIONS -

University of Mississippi's endowment returned a net 14.9% for the fiscal year, exceeding its index benchmark return of 10.9%.

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Francesco Martorana was named head of investments at Generali Investments.
European Central Bank to develop overnight unsecured rate for eurozone

MARKETS -

MARKETS -

The European Central Bank will provide a new overnight unsecured rate for the eurozone before 2020.