Latest News

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.
CalPERS names interim CIO

Pension Funds

Pension Funds

Eric Baggesen, managing investment director for asset allocation at CalPERS, was appointed interim chief investment officer.
Timpson signs on to NEST sidecar savings program

Retirement Plans

Retirement Plans

Timpson Group is the first plan sponsor to sign up for NEST Insight's sidhttp://edit.pionline.com/apps/pbcsedit.dll/redecar savings account.

PENSION FUNDS

PENSION FUNDS

Mohamad Nasir Ab Latif, deputy CEO (investment) for Malaysia's Employees Provident Fund, will serve in that capacity for one more year through Dec. 31, 2019.

Money Management

Money Management

Andrew Lill was named chief investment officer of Morningstar Investment Management, Americas.

MONEY MANAGEMENT

MONEY MANAGEMENT

Amy Cho will join Schroders as CEO of the firm's Hong Kong business, effective Dec. 3.
PPF 7800 index funding deficit more than doubles in October

Pension Funds

Pension Funds

The total deficit of all U.K. corporate pension funds covered by the PPF's 7800 index increased 178.3% in October and 22.8% for the year to 107.7 billion.
Fund execs split on approach to allocation for 2019– NEPC

INVESTING

INVESTING

U.S. defined benefit plan executives are split on how to approach asset allocation in 2019, facing an uncertain geopolitical environment.
SEC concludes Wellington Management investigation – sources

Washington

Washington

The SEC concluded its investigation into Wellington Management.