Cresset adds executive managing director of private funds group
June 28, 2022 03:57:12 PMKevin O'Donnell was named executive managing director of the private funds group at Cresset Partners.
CLO managers use ‘print-and-sprint' to profit from cheap loans
June 28, 2022 03:51:02 PMThe biggest buyers of leveraged loans are looking to repeat a strategy that generated gains of more than 60% during the early part of the pandemic.
Northwestern adopts new climate change investment guidelines
June 28, 2022 02:45:33 PMNorthwestern plans to limit investments in fossil fuel-related companies and support more clean-energy technology investments.
CVS injects smidcap core equity fund into 401(k) lineup
June 28, 2022 02:23:38 PMSSGA picks up $2.2 billion for passive CITs from AbbVie 401(k)
June 28, 2022 01:54:46 PMU.S. IPO volume falls precipitously
June 28, 2022 01:42:40 PMThe faltering U.S. equity market has negatively impacted IPO deal activity.
Commerce Bancshares swaps managers on 3 options for 401(k) plan
June 28, 2022 12:55:54 PMAsset 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.
Former employees sue MITRE for alleged ERISA violations
June 27, 2022 03:32:16 PMSix former employees of MITRE Corp. have sued the not-for-profit for alleged ERISA violations in two retirement plans run by the organization.
Illinois Teachers assigns $5.1 billion to alts, traditional managers
June 27, 2022 12:41:07 PMNuveen launches carbon-transition ETF
June 24, 2022 04:14:05 PMNuveen launched an actively managed ETF focused on the global economy's transition to net-zero.
Trackinsight posts tribute to late CEO Jean-Rene Giraud
June 24, 2022 02:15:56 PMJean-Rene Giraud, founding CEO of Trackinsight, a global ETF analysis platform, died of a heart attack June 16.
U.S. growth stocks underperform this year
June 24, 2022 12:42:36 PMGrowth stocks have reversed course this year and underperformed their value counterparts.
Simulator allows NBIM to takes investments for test drive
June 24, 2022 09:15:00 AMNorges Bank Investment Management rolls out investment simulator to gain decision-making insight and improve investment choices.
Kentucky Teachers assigns $325 million to alternatives
June 23, 2022 04:56:27 PMAdvisors Asset Management brings on head of institutional and alternatives
June 23, 2022 03:56:10 PMBill Wendel departed BNY Mellon and joined Advisors Asset Management as managing director and head of institutional and alternatives.
IndexIQ launches first active semitransparent ETFs
June 23, 2022 03:15:44 PMIndexIQ launched its first active semitransparent ETFs, the IQ Winslow Large Cap Growth ETF and IQ Winslow Focused Large Cap Growth ETF.
Federal judge dismisses ERISA complaint against Olin
June 23, 2022 02:17:04 PMA District Court judge dismissed an ERISA lawsuit against Olin Corp., saying the plaintiffs didn't show breaches of fiduciary duty.
Hostplus allocates $500 million to Apollo's new Asia-Pacific credit strategy
June 23, 2022 01:19:44 PMAppeals court upholds dismissal of ERISA suit against CommonSpirit Health
June 23, 2022 12:38:37 PMThe 6th U.S. Circuit Court of Appeals agreed with a federal district court's dismissal of an ERISA complaint against CommonSpirit Health.
VanEck launches CLO ETF subadvised by PineBridge
June 23, 2022 12:01:00 AMVanEck announced the launch of an ETF designed to offer investors exposure to the $1 trillion collateralized loan obligation market.
SAIC swaps emerging markets equity funds in 401(k) plan
June 22, 2022 06:13:55 PMDelaware Public Employees commits $50 million to venture capital fund
June 22, 2022 05:47:39 PMSenate Finance Committee unanimously OKs EARN legislation
June 22, 2022 04:11:46 PMThe Senate Finance Committee advanced the bipartisan Enhancing American Retirement Now Act, aimed at bolstering retirement security.
Forgotten ETFs that hedge currency risk making comeback
June 22, 2022 03:30:25 PMThe wild swings racing through foreign-currency markets are turning an obscure group of ETFs into a bulwark against stock-market losses.