Latest News

Caisse de Depot buys minority stake in Hilco Global

Investments

Investments

Caisse de Depot et Placement du Quebec acquired a 27% stake in Hilco Global, a financial services firm based in suburban Chicago.
Biggest Malaysia state fund weighs first exchangeable bond sale

MONEY MANAGEMENT

MONEY MANAGEMENT

Malaysia's biggest state-owned fund manager is considering its first sale of exchangeable bonds to raise funds for overseas investments.
Richard Baker to step down as MFA leader

ALTERNATIVES

ALTERNATIVES

Richard H. Baker will step down from his roles as president and CEO of the Managed Funds Association, effective Dec. 31.
SEC votes to improve public company disclosure, simplify BDC offerings

REGULATION

REGULATION

The SEC voted to simplify disclosure requirements for public companies, investment consultants and money managers and streamline BDC rules.
San Diego City Employees sets new allocation to managed futures

PENSION FUNDS

PENSION FUNDS

San Diego City Employees' Retirement System created a new 4% allocation to managed futures as part of its 8% opportunity fund allocation.
Aberdeen Standard Investment takes 5% stake in Gresham House

MONEY MANAGEMENT

MONEY MANAGEMENT

Aberdeen Standard Investments agreed to acquire 5% stake in public equity manager Gresham House.
AP1 lists 14 finalists for emerging markets equity

INVESTING

INVESTING

AP1 named 14 managers as finalists for its $4 billion global emerging markets equity allocation
Marks sees industry consolidation after Brookfield tie-up

MONEY MANAGEMENT

MONEY MANAGEMENT

Oaktree Capital co-Chairman Howard Markets expects to see more mergers in the alternative money management industry but not a wave of them.
Mutual fund expense ratios fall significantly — ICI report

INVESTING

INVESTING

Expense ratios for long-term mutual funds have declined on average for more than 20 years, according to the Investment Company Institute.
Bank of England holds steady on interest rate amid Brexit confusion

ECONOMY

ECONOMY

The Bank of England's Monetary Policy Committee kept the central bank's main interest rate unchanged at 0.75%.
Commentary: Why cybersecurity governance is essential for institutional investors

Industry Voices

Industry Voices

For institutional investors, 2019 will be the year a new primary threat comes to light — financial fraud.

PENSION FUNDS

PENSION FUNDS

Hans Sterte was named deputy CEO of Alecta, the Swedish occupational pension fund provider.
BNP Paribas names head of stewardship for Asia-Pacific

ESG

ESG

Gabriel Wilson-Otto was chosen as head of stewardship Asia-Pacific at BNP Paribas Asset Management.
Illinois Teachers, LACERA terminate Capri Capital Partners real estate strategies

Pension Funds

Pension Funds

Illinois Teachers' Retirement System and LACERA have terminated Capri Capital Partners real estate strategies.
Fed leaves rates unchanged, says no hikes likely this year

Economy

Economy

The Federal Open Market Committee left the federal funds rate unchanged and is now forecasting no rate hikes this year.