New Mexico Educational allocates $450 million to 6 managers
July 01, 2022 03:57:09 PMGarmin navigates 401(k) plan to new large-cap equity options
July 01, 2022 03:52:27 PMCarlyle hires BlackRock's McNeely to work with big clients
July 01, 2022 03:28:04 PMCarlyle Group hired executive Doug McNeely from BlackRock to work with major clients, including pension funds and endowments.
Cook Group sued over alleged ERISA violations in 401(k) plan
July 01, 2022 01:31:22 PMA participant in a 401(k) plan run by Cook Group Inc. sued the company and plan fiduciaries, alleging a series of ERISA violations.
BOK Financial replaces small-cap value equity fund in 401(k) lineup
July 01, 2022 12:57:37 PMManagers see demand for innovation
July 01, 2022 10:00:00 AMIn response to strong client demand, outsourced CIO managers are developing new investment strategies or enhancing existing approaches.
Stock 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.
ConocoPhillips replaces 7 passive investment options in 401(k)
June 30, 2022 03:39:01 PMManager diversity data lacking at major endowments – Knight Foundation
June 30, 2022 03:06:37 PMOnly 16 of the 50 wealthiest U.S. universities shared data about the diversity stats of asset management firms managing their endowment assets.
Smiths Group fully insures TI pension plan with seventh buy-in
June 30, 2022 02:39:37 PMTI Group Pension Scheme purchased a bulk annuity contract from Rothesay Life to complete a $783 million buy-in transaction.
CBRE adds Fidelity and Franklin funds to 401(k) lineup
June 30, 2022 02:12:15 PMSupreme Court's EPA decision could put DOL rule-making in crosshairs
June 30, 2022 01:58:22 PMThe Supreme Court's decision regarding the Environmental Protection Agency's regulatory authority could affect the DOL's authority in rule-making.
Jupiter Fund Management appoints new CEO
June 30, 2022 12:19:05 PMMatthew Beesley was appointed Jupiter Fund Management CEO, replacing Andrew Formica, who will retire Oct. 1.
Rush University Medical Center settles ERISA lawsuit
June 30, 2022 10:05:46 AMRush University Medical Center settled an ERISA lawsuit by former participants who claimed fiduciaries mismanaged the plan.
Commentary: Asset managers need to work together to effect real change
June 30, 2022 08:15:00 AMMore needs to be done on the biggest challenges facing our planet, and asset managers must work together to help make it happen.
Indiana commits $210 million to alternatives
June 29, 2022 03:44:36 PMMagna International shifts to Fidelity index funds in 401(k) plan
June 29, 2022 03:29:04 PMSan Antonio Fire & Police earmarks $20 million for venture capital fund of funds
June 29, 2022 02:31:22 PMPrivate 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.
XPS Pension Group taps Mercer adviser for risk settlement position
June 29, 2022 10:53:21 AMJo Carter joined XPS Pensions Group as a partner in its risk settlement team, a new position.
PIMCO names CIO of portfolio implementation
June 29, 2022 07:40:00 AMQi Wang was promoted to CIO of portfolio implementation at PIMCO; she also oversees analytics, and data structure and delivery.
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.
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 PM