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Viewing stories published on October, 3, 2017. Click here to view latest.

Sustainability Accounting Standards Board unveils proposal for updated reporting standards

ESG -

ESG -

The Sustainability Accounting Standards Board released on Monday proposed updates to sustainability reporting standards.
Brown University tops benchmark with 13.4% fiscal-year return

ENDOWMENTS AND FOUNDATIONS -

ENDOWMENTS AND FOUNDATIONS -

Brown University's endowment returned 13.4% for the fiscal year ended June 30, surpassing its 11.1% benchmark return.
Congress introduces legislation to provide loans for United Mine Workers pension fund

Legislation -

Legislation -

Bipartisan legislation was introduced to create an emergency loan program for the United Mine Workers of America 1974 Pension Plan to avoid insolvency.

Money Management -

Money Management -

J.D. Sitton rejoins J.P. Morgan Asset Management's real estate business as a managing director and head of client strategy.
District Court dismisses stock-drop claim against IBM for second time

COURTS -

COURTS -

A U.S. District Court judge has dismissed a stock-drop claim by participants of an IBM 401(k) plan for the second time.
Judge dismisses lawsuit against Fidelity alleging fiduciary violations in Delta 401(k) plan

Courts -

Courts -

A U.S. District Court judge in Boston has dismissed a suit against two units of Fidelity Investments.
Fidelity International sets new fee model for active equity funds

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Fidelity International is introducing a new fee model for active equity funds, which will apply to institutional investors globally.
Preqin: Private markets funds raise big money in third quarter, but vary among strategies

Alternatives -

Alternatives -

Private market deals in the third quarter saw continued momentum, although overall results were mixed when compared to previous quarters.
Boston College's endowment returns 14.9% in year ended June 30

Endowments and Foundations -

Endowments and Foundations -

Boston College's endowment returned 14.9% in the year ended June 30.

Money Management -

Money Management -

Michael R. Durbin was named president of Fidelity Institutional, replacing Jeffrey P. Lagarce.

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Alexandre Deruaz joined Unigestion as head of portfolio construction.
Northern Trust taps Wellington veteran to lead Japan asset management business

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Keishi Yamamoto joined Northern Trust Asset Management as president and representative director of the asset management business in Japan.

REAL ESTATE -

REAL ESTATE -

Suengtak Lee joined the Seoul office of Rockspring Property Investment Managers as head of the firm's sales and client service activities in Northeast Asia.