Online News

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.