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Viewing stories published on October, 25, 2017. Click here to view latest.

Geopolitical risk, digitized economy changing the way pension funds view investing

WORLDPENSIONSUMMIT -

WORLDPENSIONSUMMIT -

Pension funds around the globe are being forced to reconsider the way they invest as they grapple with the impacts of various risks.
Legg Mason's assets up 2% for quarter; outflows continue

Money Management -

Money Management -

Legg Mason reported $754.4 billion in assets under management as of Sept. 30, up 1.8% from June 30 and up 3% from a year earlier.
University of Washington endowment posts 13.6% fiscal-year return

Endowments and Foundations -

Endowments and Foundations -

University of Washington's consolidated endowment fund returned 13.6% in the fiscal year ended June 30.
Trump, House tax chief send mixed signals on 401(k) tax break

Washington -

Washington -

President Donald Trump repeated his desire to keep tax breaks for workers' 401(k) contributions Wednesday.
Storebrand to acquire SKAGEN in move to strengthen position in Norwegian money management

Money Management -

Money Management -

Norwegian pension fund and savings manager Storebrand will acquire Norwegian asset manager SKAGEN.
Herndon Capital Management to close

Money Management -

Money Management -

Large-cap equity manager Herndon Capital Management is closing its doors.
Alaska Ironworkers Pension Plan withdraws application to cut benefits

Pension Funds -

Pension Funds -

Alaska Ironworkers Pension Plan withdrew its application to reduce benefits as part of a reorganization plan under the MPRA.
Intercontinental Exchange buys electronic trading venue BondPoint

Trading -

Trading -

Intercontinental Exchange agreed to acquire electronic fixed-income trading venue BondPoint for $400 million in an all-cash deal.
Saudi sovereign wealth fund plans to borrow to double investment returns

SOVEREIGN WEALTH FUNDS -

SOVEREIGN WEALTH FUNDS -

Saudi Arabia's sovereign wealth fund will borrow to boost returns from its investments as it seeks to diversify the kingdom's oil-dependent economy.
Judge dismisses suit against record keeper of 3 Ford Motor plans

Defined Contribution -

Defined Contribution -

A federal court judge dismissed a suit against record keeper Xerox HR Solutions, now Conduent, by participants in three Ford Motor plans.
New Hampshire puts $150 million more in BlackRock co-investment strategy

Alternatives -

Alternatives -

New Hampshire Retirement System made a follow-on commitment of $150 million to a private equity co-investment strategy.
Fort Lauderdale Police & Fire system mulling private-public infrastructure, real estate investment

Alternatives -

Alternatives -

Fort Lauderdale Police & Fire Retirement System is looking to invest in a local private-public infrastructure or real estate project.
Finding new ways to engage with participants helping retirement outcomes — conference speakers

WorldPensionSummit -

WorldPensionSummit -

Engaging with and educating participants early on in their employment are key to helping them achieve better retirement outcomes.
AllianceBernstein's assets up 3.5%, sees $4.5 billion in net inflows

Money Management -

Money Management -

AllianceBernstein reported $534.9 billion in assets under management as of Sept. 30, up 3.5% from June 30 and up 9.1% from Sept. 30, 2016.
Commentary: Getting comfortable with seed investing

INDUSTRY VOICES -

INDUSTRY VOICES -

Minimal capital and an increased likelihood of success has made starting a tech company an attractive investment for seed-stage specialists.