Latest News

Hedge funds making progress, but slow to adopt ESG

Hedge Funds

Hedge Funds

Hedge fund managers have been slow to incorporate ESG into their investment process.
SEC adds proxy advisors, shareholder proposal thresholds to regulatory agenda

Regulation

Regulation

The SEC is considering updating rules on the use of proxy advisory firms and thresholds for shareholder proposals.
Texas Employees targets $1.1 billion for private real estate, infrastructure

PENSION FUNDS

PENSION FUNDS

Texas Employees Retirement System targets $1.1 billion for commitments to private real estate and infrastructure.
DOL to revisit fiduciary rule by December

REGULATION

REGULATION

The Department of Labor intends to revisit the fiduciary rule, with a possible December release date for notice of new rule-making.
House overwhelmingly passes bipartisan retirement bill

Legislation

Legislation

A bipartisan majority in the House approved a retirement reform package by an overwhelming margin – 417-3.
Investors, private-markets managers temper return expectations – survey

INVESTING

INVESTING

Institutional investors and private-markets fund managers are tempering their expectations regarding future returns, a survey shows.

MONEY MANAGEMENT

MONEY MANAGEMENT

Michael Aingorn has joined alternative investment manager Crestline Investors as a managing director.
DC plan participants held steady in 2018 despite volatile markets – report

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

An Investment Company Institute report shows DC plan participants maintained their asset allocations in 2018, despite market volatility.

MONEY MANAGEMENT

MONEY MANAGEMENT

AFL-CIO Investment Trust Corp. has named Randy Kinder president, effective June 1, succeeding Mike Stotz.
Sovereign wealth funds increase venture capital deals in 2018

SOVEREIGN WEALTH FUNDS

SOVEREIGN WEALTH FUNDS

Sovereign wealth funds boosted venture capital exposure in 2018 and favored private health-care companies.
Commentary: Credit market strong, but caution is needed

INDUSTRY VOICES

INDUSTRY VOICES

2019 is not a market without risk, but the opportunity set is supported by an economy showing strong growth trends, healthy corporate fundamentals and a dynamic M&A landscape.
Chicago Park Employees terminates RBC Global

PENSION FUNDS

PENSION FUNDS

Chicago Park Employees' Annuity & Benefit Fund terminated RBC Global Asset Management from a small-cap core equity portfolio.
Billionaire David Tepper is planning to return outside money

HEDGE FUNDS

HEDGE FUNDS

Billionaire David Tepper is planning to return money to investors, following others who quit the struggling hedge fund industry.
Investcorp acquiring Mercury Capital to boost alternatives advisory business

MONEY MANAGEMENT

MONEY MANAGEMENT

Investcorp agreed to acquire Mercury Capital Advisors to boost its alternatives investment advisory capabilities for an undisclosed sum.
SCOR agrees to buy Coriolis Capital

MONEY MANAGEMENT

MONEY MANAGEMENT

SCOR Investment Partners agreed to acquire 100% stake in Coriolis Capital in efforts to boost its insurance-linked investment capabilities.