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Viewing stories published on December, 4, 2017. Click here to view latest.

EnCap's latest fund closes at $7 billion

ALTERNATIVES

ALTERNATIVES

EnCap Investments closed its EnCap Energy Capital Fund XI at $7 billion, exceeding its fundraising target.
Hedge fund industry assets have been overestimated – Winton Group study

Hedge Funds

Hedge Funds

Hedge fund industry assets have been overestimated, Winton Group study says.
Molson Coors transfers $900 million in pension liabilities

Pension Funds

Pension Funds

Molson Coors Brewing Co. purchased a group annuity contract from Athene Annuity to transfer about $900 million in pension liabilities.
Wylie Tollette leaving CalPERS to rejoin Franklin Templeton

Money Management

Money Management

Wylie Tollette, chief operating investment officer at CalPERS, is leaving to rejoin Franklin Templeton Investments.
Marin County puts 2 managers on watch for performance

Pension Funds

Pension Funds

Marin County Employees' Retirement Association put Morgan Stanley Investment Management and Fidelity Institutional Asset Management on watch.
CVS acquisition of Aetna affects $23 billion in retirement assets

Retirement Plans

Retirement Plans

The CVS Health Corp. — Aetna Inc. deal would create a company with a combined $23 billion in retirement plan assets.

Pension Funds

Pension Funds

Missouri State Employees' Retirement System is looking for an executive search firm to help it find an executive director.
Funded status for U.S. corporate plans continues upward march

ONLINE

ONLINE

The funded status of the largest U.S. corporate pension plans improved in November, two reports show.

Endowments and Foundations

Endowments and Foundations

Roy Swan was named director of the Ford Foundation's mission-related investments team,
Hedge funds ready to go short on bitcoin

Investing

Investing

Hedge funds are waiting for the Chicago Mercantile Exchange's futures market to bet against bitcoin.
Senate passes tax bill; focus on House differences is next

LEGISLATION

LEGISLATION

Stark differences exist between the Senate and House versions of tax reform, including taxing public pension funds' investment income.

Money Management

Money Management

Elodie Lelief was named sales executive for exchange-traded funds indexed fund solutions sales at BNP Paribas Asset Management.
BlackRock, Vanguard on the way to dominate investing

MONEY MANAGEMENT

MONEY MANAGEMENT

BlackRock and Vanguard Group are less than a decade from managing a total of $20 trillion, a sum that could upend the asset management industry.

Money Management

Money Management

Abdallah Guezour was named head of the emerging market debt absolute return and commodities group at Schroders effective in January.

Pension Funds

Pension Funds

Philip Willcock was named CEO at RPMI, which manages the assets of the £25 billion Railways Pension Scheme.