Garmin navigates 401(k) plan to new large-cap equity options
July 01, 2022 03:52:27 PMStock doomsayers vindicated in historic first half
June 30, 2022 05:28:10 PMThe stock sell-off deepened after weak consumer-spending data fueled recession worries, with the S&P 500 suffering its worst first half since 1970.
Private lenders are offering cheaper debt than Wall Street banks
June 29, 2022 12:25:47 PMPrivate debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market, upending industry norms.
ITT swaps target-date series in 401(k) plan
June 29, 2022 11:52:48 AMSSGA picks up $2.2 billion for passive CITs from AbbVie 401(k)
June 28, 2022 01:54:46 PMTaiwan's BLF hires 5 for climate change-aligned equity
June 28, 2022 10:24:09 AMAsset managers say they'll pay for travel after Supreme Court abortion ruling
June 27, 2022 04:19:59 PMState Street, PIMCO, Blackstone and other large asset managers said they would pay for employees' travel expenses related to abortion care.
J.P. Morgan Asset Management names senior investment specialist
June 27, 2022 02:53:08 PMDaniel Yem joined J.P. Morgan Asset Management as a senior investment specialist for business and product strategy in the DC business.
Marathon Petroleum switches emerging markets equity funds in 401(k) lineup
June 27, 2022 02:25:57 PMIllinois Teachers assigns $5.1 billion to alts, traditional managers
June 27, 2022 12:41:07 PMBenjamin Moore revamps investment options in 401(k) plan
June 22, 2022 12:36:05 PMAustralia's TWUSUPER picks J.P. Morgan to manage global bonds
June 22, 2022 11:53:36 AMMarket volatility could boost commodities
June 20, 2022 12:00:00 AMMany institutions are hesitant to invest in commodities, but widespread stock and bond losses could draw them back to the volatile asset.
Stanley Black & Decker adds international equity CIT to 401(k) lineup
June 17, 2022 11:42:14 AMTravelers swaps large-cap value equity funds in 401(k) plan
June 17, 2022 10:53:51 AMWest Virginia warns 6 financial institutions not to boycott fossil fuel companies
June 15, 2022 03:52:00 PMThe West Virginia treasurer threatened to ban six financial institutions from state banking contracts in response to anti-fossil fuel moves.
PIMCO warns U.S. Treasury that Russia sanctions will hit pension funds
June 14, 2022 11:53:21 AMPIMCO has warned the U.S. Treasury about the fallout on pension funds from the strict sanctions that are pushing Russia toward default.
Stocks crushed as recession jitters jolt trading
June 13, 2022 04:06:49 PMU.S. stocks hurtled toward a bear market, Treasury yields spiked and the dollar rallied as the fallout from a hot inflation reading continued.
JPMAM, other managers find success with active ETFs
June 06, 2022 12:00:00 AMActively managed exchange-traded funds are seen as a key area of growth for midtier ETF firms.
Larry Fink sees elevated inflation for years due to supply shocks
June 03, 2022 12:33:00 PMBlackRock CEO Larry Fink said he expects inflation to remain elevated for several years primarily because of snarled global supply chains.
Fayez Sarofim, Texas investor known as ‘The Sphinx,' dies at 93
June 01, 2022 02:12:55 PMFayez Sarofim, the Egyptian-born Texas money manager known for his discerning taste in stocks and fine art, died at age 93.
Stocks can recover on $250 billion rebalance flow, J.P. Morgan says
May 23, 2022 02:24:16 PMJ.P. Morgan projects sovereign wealth and pension funds will tilt their portfolios in favor of equities in the coming weeks to meet allocation targets.
Kansas makes 3 commitments, lowers assumed rate by 75 basis points
May 23, 2022 01:52:50 PMJ.P. Morgan Asset Management names global head of data science
May 23, 2022 01:30:58 PMJ.P. Morgan Asset Management hired former Point72 executive Arezu Moghadam as managing director and global head of data science.
Cartersville, Ga., seeks investment consultant for 2 pension funds
May 13, 2022 11:21:17 AM