Latest News

PG&E, Edison International DC participants hit as stocks plunge due to fires

Defined Contribution

Defined Contribution

The wildfires raging across California have hurt participants in PG&E's 401(k) plan with holdings in the company's stock.
Investor coalition issues principles to improve firearms industry

ESG

ESG

A group of institutional investors issued principles aimed at improving the safety and responsibility of the firearms industry.
Canadian plans balance increases in liquid, less liquid investments

Pension Funds

Pension Funds

Five large Canadian public pension plans increased exposure to less-liquid assets — but also boosted holdings of highly liquid securities.

Money Management

Money Management

Connell Hasten and Joshua Platek joined Victory Park Capital, leading the private equity credit specialist's new insurance services platform.
Multiemployer loan program analysis flawed, NCCMP says

Pension Funds

Pension Funds

A Pension Analytics Group analysis of a proposed subsidized loan program for struggling multiemployer pension plans is flawed, a group claims.
Commentary: Performance fees: Making fresh lemonade from old lemons

INDUSTRY VOICES

INDUSTRY VOICES

Just because an idea like performance fees is not new does not mean it cannot or should not be revisited in the light of current industry thinking.http://edit.pionline.com/apps/pbcsedit.dll/red
Snap says DOJ and SEC are investigating IPO disclosures

Washington

Washington

Snap said the U.S. Justice Department and SEC are looking into allegations it misled investors ahead of its IPO last year.
CalPERS names interim CIO

Pension Funds

Pension Funds

Eric Baggesen, managing investment director for asset allocation at CalPERS, was appointed interim chief investment officer.
CalPERS shifts gears on private equity investment plan

ALTERNATIVES

ALTERNATIVES

CalPERS is tweaking its private equity investment proposal, moving to two outside limited partnerships from an outside corporation.
AQR obtains licenses to engage directly with institutional investors in Japan

Money Management

Money Management

AQR Capital Management obtained the licenses it needed to engage directly with leading institutional investors in Japan.
Northern Trust names new chairman

Money Management

Money Management

Michael O'Grady was named chairman of Northern Trust Corp., replacing Frederick Waddell.
PGIM to acquire Wadhwani, combine it with QMA

MONEY MANAGEMENT

MONEY MANAGEMENT

Money manager PGIM is to acquire quantitative money manager Wadhwani Asset Management.

MONEY MANAGEMENT

MONEY MANAGEMENT

Natixis Investment Managers lifted out a team of senior global thematic portfolio managers from Pictet Asset Management.
Managers see S&P 500 peaking at 3,056; confidence wanes on global growth

INVESTING

INVESTING

Money managers forecast the S&P 500 will peak at 3,056 and are waiting on 10-year Treasury yields to reach 3.7% before going to bonds.
Commentary: Moving toward a multipolar global order

Industry Voices

Industry Voices

Emerging markets going mainstream combined with the end of the great disinflation will see investors pursuing the best opportunities around the multipolar world.