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Viewing stories published on December, 7, 2017. Click here to view latest.

Xafinity to acquire Punter Southall businesses

Consultants -

Consultants -

Xafinity is looking to acquire Punter Southall Group's actuarial consulting, pensions administration and investment consulting businesses, for 153 million.
SEC names enforcement chief for complex products

Regulation -

Regulation -

Daniel Michael was named chief of the SEC enforcement division's unit on complex financial instruments.
Texas County & District taps next CIO

Pension Funds -

Pension Funds -

Casey Wolf was named chief investment officer of the Texas County & District Retirement System, replacing Paul J. Williams, who will retire.
Senator holds up vote on SEC nominees

Washington -

Washington -

Confirmation of two candidates to serve on the Securities and Exchange Commission is being held up by Sen. Tammy Baldwin over several concerns she has.
Hedge funds comply as Texas endowment seeks 'fair and just' fees

Endowments and Foundations -

Endowments and Foundations -

The University of Texas Investment Management Co. is trying to change how its hedge fund managers are paid using a model known as 1-or-30.
Southern California wildfires affect Ventura County pension fund

Pension Funds -

Pension Funds -

The Ventura County (Calif.) Employees' Retirement Association is working with a skeleton crew as wildfires rage in the area.

Pension Funds -

Pension Funds -

Jon Lieber was named director of fixed income and Gary Harper, deputy director of fixed income, at New York State Common Retirement Fund.
Moody's proposes upping pension debt weighting in credit-rating decisions

Markets -

Markets -

Moody's is seeking comments on proposed changes to its methodology for state credit ratings, which would include an increased emphasis on pension obligations.
Index managers becoming more proactive in corporate governance — Morningstar

Governance -

Governance -

Index and exchange-traded fund providers are making good progress in their corporate governance practices, according to Morningstar.
CenturyLink sued by 401(k) plan participants alleging fiduciary breach

Courts -

Courts -

CenturyLink Inc. has been sued by 401(k) plan participants alleging the company violated its fiduciary duty with one investment option.
European occupational retirement assets drop in past year – PensionsEurope

Pension Funds -

Pension Funds -

European occupational retirement plan assets stood at €3.54 trillion in December, down 2.2% from €3.62 trillion a year earlier.

Pension Funds -

Pension Funds -

South Carolina Retirement System Investment Commission is looking for investment officers to expand its private markets team.
PRI: Investment consultants not taking ESG issues into account

ESG -

ESG -

Many investment consultants are failing to consider environmental, social and governance issues in their investment advice, PRI warns.
Futures Industry Association questions plans for bitcoin futures

Markets -

Markets -

The Futures Industry Association chided the Commodity Futures Trading Commission over plans to start bitcoin futures trading later this month.
Singapore’s NTUC Income eyes Fullerton as partner in managing S$23 billion portfolio

MONEY MANAGEMENT -

MONEY MANAGEMENT -

NTUC Income, pending regulatory approval, will appoint Fullerton as its investment manager and take a minority stake in the firm.