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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.