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Viewing stories published on November, 8, 2017. Click here to view latest.

Sears reaches deal with PBGC to end 'ring-fence' for 140 properties

PENSION FUNDS -

PENSION FUNDS -

Sears Holdings Corp. reached an agreement with the PBGC to release about 140 Sears properties from an earlier "ring-fence arrangement."
Meketa says CalPERS' new private equity structure misses opportunities, produces challenges

Private Equity -

Private Equity -

CalPERS' private equity program faces challenges that may impact its ability to meet its goals as a result of recent structural changes.
ICMA: Most money managers plan to unbundle research costs globally as a result of MiFID II

REGULATION -

REGULATION -

The majority of money managers with business across the globe plan to unbundle research costs globally because of MiFID II.
Former Goldman Sachs exec wins N.J. gubernatorial election, pledges to fully fund pension plan

Elections -

Elections -

Phil Murphy, a former Goldman Sachs executive, was elected governor of New Jersey on Tuesday.
Motor City machinists pension fund approved for benefit suspensions

Pension Funds -

Pension Funds -

International Association of Machinists of Motor City Pension Fund has received conditional approval to reduce benefits.
UBS Asset Management taps global head of fixed income

Money Management -

Money Management -

Charlotte Baenninger was named global head of fixed income at UBS Asset Management.

Searches and Hires -

Searches and Hires -

San Joaquin County Employees' Retirement Association is searching for a real estate consultant.

Hedge Funds -

Hedge Funds -

Kingdon Capital Management promotes Vickram David to president
Houston voters overwhelmingly approve issuing $1 billion pension obligation bond

Elections -

Elections -

Houston voters approved a referendum to issue $1 billion in pension obligation bonds to help reduce the city's $8.2 billion in unfunded liabilities.
Howard Marks says 'easy money has been made,' but doesn't see a bubble

Markets -

Markets -

Howard Marks, co-chairman of Oaktree Capital Management, says investors should be wary of high-flying markets now but not panicky.

Hedge Funds -

Hedge Funds -

Albert Selius joined BlueMountain Capital Management as a portfolio manager, specializing in insurance-linked securities.
Canadian pension funds record sixth straight quarter of gains — report

PENSION FUNDS -

PENSION FUNDS -

Canadian corporate and public pension plans in the RBC Investor & Treasury Services universe returned an overall 0.4% in the third quarter.