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Viewing stories published on November, 6, 2017. Click here to view latest.

Florida State Board, Ontario Teachers back Pershing Square in proxy fight with ADP

Governance

Governance

Florida State Board and Ontario Teachers support Pershing Square Capital Management in its proxy fight with Automatic Data Processing Inc.
Investment Association outlines remuneration principles for FTSE 350 companies

GOVERNANCE

GOVERNANCE

The Investment Association has outlined areas of company remuneration that its members will focus on during next year's annual general meeting season.
Iowa PERS says more than 100 retiree accounts compromised from stolen information

Pension Funds

Pension Funds

More than 100 retiree accounts at the $31 billion Iowa Public Employees' Retirement System, Des Moines, were compromised on Oct. 18.
S&P 500, 1500 pension funds end October 83% funded — 2 reports

Pension Funds

Pension Funds

The funded status for U.S. corporate pension plans remained relatively unchanged in October.
Local growth to propel Chinese managers to global stage — Casey Quirk

Money Management

Money Management

China will account for half of global money management industry net inflows through 2030, boosting local managers, challenging foreign managers.
Virginia Commonwealth University endowment returns 11.9%

Endowments and Foundations

Endowments and Foundations

Virginia Commonwealth University, Richmond, reported an 11.9% return net of fees for its $1.84 billion endowment for the year ended June 30, said a spokesman.
CBS Corp. transfers $800 million in pension plan liabilities in annuity buyout

Pension Funds

Pension Funds

CBS Corp. purchased a group annuity contract from an insurance company to transfer about $800 million in U.S. pension plan liabilities.
CalSTRS awards bonuses to CIO, CEO equal to 53% of base salaries

Pension Funds

Pension Funds

CalSTRS' top two officials received a bonus equal to 53.5% of their base salary for the fiscal year ended June 30.

Money Management

Money Management

Ramu Thiagarajan was named global head of fixed income, cash and currency research at State Street Global Advisors.

Real Estate

Real Estate

Bill Tresham, president of global investments at Ivanhoe Cambridge, is taking on the new post of strategic adviser.

MONEY MANAGEMENT

MONEY MANAGEMENT

Christoph von Reiche joined Robeco as head of global distribution and marketing.
William Dudley to retire as head of New York Fed in 2018

ECONOMY

ECONOMY

William C. Dudley will retire as president and CEO of the Federal Reserve Bank of New York in mid-2018.
Institutional investors eye bigger infrastructure allocations, with focus on emerging markets

Infrastructure

Infrastructure

Institutional investors want to increase their allocations to infrastructure over the medium term, with an emphasis on emerging market infrastructure.

PENSION FUNDS

PENSION FUNDS

Paul Sturgess was named managing director of pensions business at RPMI, which manages the 25 billion Railways Pension Scheme.

Consultants

Consultants

Jason Pomatto was named U.S. managing director at bfinance where he will oversee the new Chicago office.