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Viewing stories published on November, 16, 2017. Click here to view latest.

Norway's Norges Bank wants to exclude oil and gas stocks at $1 trillion sovereign wealth fund

SOVEREIGN WEALTH FUNDS -

SOVEREIGN WEALTH FUNDS -

Oil and gas stocks should be removed from the benchmark index of the Government Pension Fund Global, said the manager of the sovereign wealth fund's assets.
BNP Paribas Asset Management takes 10% stake in alternative credit firm Caple

Money Management -

Money Management -

BNP Paribas Asset Management took a 10% equity stake in alternative credit firm Caple.
Wilbur Ross sued by firm's ex-managing directors over fees

Courts -

Courts -

U.S. Commerce Secretary Wilbur Ross and the company he founded, WL Ross & Co., were sued by three former managing directors.
HSAs next cash cow for 401(k) plan advisers, expert says

LEGISLATION -

LEGISLATION -

Financial advisers who work with 401(k) accounts should offer employers the same range of investment choices for HSAs, says a conference speaker.
Fewer U.K. investors seeing bonds as overvalued, survey shows

INVESTING -

INVESTING -

The proportion of investors believing corporate bonds are overvalued has dropped for the first time in 18 months, according to CFA U.K.'s latest quarterly valuations index.

Real Estate -

Real Estate -

Michael Levy was named CEO at real estate developer and manager Crow Holdings, replacing Harlan Crow.
PBGC single-employer, multiemployer deficits moving in opposite directions

Pension Funds -

Pension Funds -

The PBGC's single-employer insurance program's deficit improved in fiscal year 2017, while the multiemployer program's deficit worsened.
Commentary: Have endowments lost their mojo?

INDUSTRY VOICES -

INDUSTRY VOICES -

Endowments in search of alpha would do well to consider adding ETFs to their investment portfolios.
Congressional Democrats introduce multiemployer loan program bill

Legislation -

Legislation -

House and Senate Democrats launched an ambitious idea Thursday to help struggling multiemployer pension funds.
Onex Partners V closes at $7.15 billion

Private Equity -

Private Equity -

Onex Corp. closed Onex Partners V at $7.15 billion, exceeding its $6.5 billion fundraising target.

FOUNDATIONS AND ENDOWMENTS -

FOUNDATIONS AND ENDOWMENTS -

Brian H. Pellegrino was named chief investment officer for the Georgia Tech Foundation.
P&G recount shows Nelson Peltz with slight lead for board seat

Governance -

Governance -

A recount of Procter & Gamble Co.'s board of director votes shows Nelson Peltz has a slight lead over incumbent director Ernesto Zedillo.
LIMRA: Corporate pension buyouts reach highest third-quarter total since 1980s

Risk Management -

Risk Management -

U.S. corporate pension plan buyouts reached $6.38 billion in the quarter ended Sept. 30, up 7.4% from the same quarter in 2016.
Neuberger Berman's Shanghai-based affiliate obtains private fund license for China

Money Management -

Money Management -

Neuberger Berman announced its affiliate has secured registration as a private fund manager with the Asset Management Association of China.

HEDGE FUNDS -

HEDGE FUNDS -

Andrew Parmentier has joined hedge fund firm Highland Capital Management as a partner and chief strategy officer.