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Viewing stories published on November, 21, 2017. Click here to view latest.

ETF assets expected to rise 73% by 2020, dominated by institutional investors – EY survey

Investing -

Investing -

Institutional investors are expected to remain the dominant source of investment in a growing exchange-traded funds market.
Callan: External money manager fees paid by asset owners hold steady in 2016

MONEY MANAGEMENT -

MONEY MANAGEMENT -

External money manager fees paid by asset owners remained steady in 2016.
NYU 403(b) participants file amended complaint in federal court

Courts -

Courts -

Participants in two New York University 403(b) plans have filed an amended complaint alleging plan executives violated their fiduciary duty.
21st Century Fox forms workplace council to settle pension fund-led harassment lawsuit

Courts -

Courts -

Twenty-First Century Fox Inc. has formed the Fox News Workplace Professionalism and Inclusion Council following an engagement with a Michigan pension fund.
Wells Fargo sued, again, for using in-house funds in 401(k) plan

Courts -

Courts -

Just as Wells Fargo & Co. escaped from the jaws of one 401(k) lawsuit over in-house funds, it's now ensnared in another.
New York Times removes company stock fund from 401(k) plan

Defined Contribution -

Defined Contribution -

The New York Times Co. is removing its company stock from its 401(k) plan.
Guardian Capital Group buys majority stake in Alta Capital Management

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Guardian Capital Group has agreed to acquire a 70% stake in Alta Capital Management.
Chicago Transit Authority plan narrows private equity search

PRIVATE EQUITY -

PRIVATE EQUITY -

Chicago Transit Authority Employees Retirement Plan will interview three open-end private equity managers for a $70 million allocation.
Harvard is said to be in talks to have Bain manage real estate assets

Endowments and Foundations -

Endowments and Foundations -

Harvard University's endowment is in talks to move the management of a portion of its real estate investments to Bain Capital.

REGULATION -

REGULATION -

Paul G. Cellupica was named deputy director of the investment management division of the Securities and Exchange Commission.
Commentary: EM companies must recognize investors are front-row in the audience for ESG information

INDUSTRY VOICES -

INDUSTRY VOICES -

​It is no secret that global institutional investors increasingly integrate analysis of environmental, social and governance sustainability factors into their investment decisions.