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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.