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Viewing stories published on October, 4, 2017. Click here to view latest.

Private credit market expected to reach $1 trillion by 2020 — report

ALTERNATIVES -

ALTERNATIVES -

The global private credit market is set to hit $1 trillion by 2020, with 14-fold growth since 2000.
DC plan execs can learn something from Mr. Spock and Homer Simpson, keynote speaker says

Defined Contribution -

Defined Contribution -

Defined contribution executives wondering how behavioral economics affects participants may want to look to Spock and Homer Simpson.
Lehigh University endowment posts 15% return

Endowments and Foundations -

Endowments and Foundations -

Lehigh University returned 15% on its endowment for the fiscal year ended June 30
New York State Common commits additional $40 million to 57 Stars fund

PENSION FUNDS -

PENSION FUNDS -

New York State Common Retirement Fund committed an additional $40 million to 57 Stars Emerging Europe Fund.

Money Management -

Money Management -

John McAvoy was named a partner at Blueprint Capital Advisors.

Money Management -

Money Management -

William Jarvis was named market strategy and delivery executive at U.S. Trust.

ENDOWMENTS AND FOUNDATIONS -

ENDOWMENTS AND FOUNDATIONS -

Lawrence Kochard was named chief investment officer of multiasset-class manager Makena Capital Management.
Jay Clayton tells lawmakers SEC is drafting its own fiduciary duty rule

REGULATION -

REGULATION -

SEC Chairman Jay Clayton told lawmakers on Wednesday that the agency is drafting a proposal for a fiduciary rule.
IRS releases new mortality tables for plan sponsors

PENSION FUNDS -

PENSION FUNDS -

The IRS issued updated mortality tables on Wednesday that plan sponsors will have to study quickly before they go into effect for plan years starting Jan. 1, 2018.
BlackRock is said to be in talks for stake in fintech company

MONEY MANAGEMENT -

MONEY MANAGEMENT -

BlackRock is in discussions to invest in financial technology company Capital Preferences to help bolster its focus on retail investors.
Canadian pension plans see funding improvements in third quarter — 2 reports

PENSION FUNDS -

PENSION FUNDS -

Canadian corporate and public defined benefit plan funding rose in the third quarter, boosted by strong equity performance and higher bond yields.
Tesco's pension deficit falls 56% in six-month period; company agrees to higher contributions

PENSION FUNDS -

PENSION FUNDS -

Tesco saw its pension deficit fall 56.4% in the six months ended Aug. 26 to £2.4 billion, and agreed to increase its pension contributions.
New Jersey Pension Fund returns 13.07% for fiscal year, slightly below its benchmark

PENSION FUNDS -

PENSION FUNDS -

New Jersey Pension Fund returned a net 13.07% on its investments for the fiscal year ended June 30, slightly below its benchmark of 13.14%.
University of Missouri revamps asset allocation for pension fund, endowment

Asset Owners -

Asset Owners -

University of Missouri System overhauled the asset allocation of its $3.3 billion defined benefit plan and $1.5 billion endowment pool.
Commentary: Debunking some of the biggest investment myths

INDUSTRY VOICES -

INDUSTRY VOICES -

Some industry money management buzzwords are more hype than fact and can directly lead to material consequences in portfolio allocations.