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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.