Latest News

States acting to deflate movement that seeks to hurt Israeli economy

Investing

Investing

Many states have laws penalizing companies that boycott Israel, but public pension plans' divesting is rare
Australia's 'best in show' gambit facing tough sell

RETIREMENT PLANS

RETIREMENT PLANS

Australian commission proposal for a new default mechanism that diminishes role of unions is seen stalling ahead of election favoring Labor.
Managers answer tough quarter with job cuts

MONEY MANAGEMENT

MONEY MANAGEMENT

A tough fourth quarter for the markets, exacerbated managers' concerns about fee compression and expenses, leaving many to opt for job cuts.
Public plans surf wave of reforms in aftermath of crisis

Pension Funds

Pension Funds

The recession triggered an unprecedented number and magnitude of public pension reforms that offer lessons and cautions for future efforts.
Lockheed Martin clears way for others with rare buy-in

Pension Risk Transfer

Pension Risk Transfer

Lockheed Martin's pension buy-in could open the doors for more U.S. corporate pension plans to make innovative derisking decisions.
SSGA failing to keep pace in passive assets marathon

MONEY MANAGEMENT

MONEY MANAGEMENT

SSGA, which is failing to thrive in the passive management business, is focusing on portfolio construction and more active management.
NYSE, Cboe, Nasdaq move to block SEC transaction fee pilot program

Trading

Trading

Major exchanges have asked a federal court to stop the SEC's transaction fee pilot program.
Anadarko Petroleum pumps $155 million into pension plans

Pension Funds

Pension Funds

Anadarko Petroleum plans to contribute $155 million to its pension plans in 2019, down from $244 million in 2018.
PPL outlines $327 million in pension contributions

Pension Funds

Pension Funds

PPL Corp. contributed $50 million to its U.S. pension plans last month and expects to contribute about $277 million to its U.K. DB plans.
Lone Star closes private debt fund at $8.2 billion

Alternatives

Alternatives

Lone Star Funds closed its latest private debt fund, Lone Star Fund XI, at $8.2 billion.
Allianz AUM slipped 2% in quarter, flat for 12 months

Money Management

Money Management

Allianz's AUM fell 2% in the quarter and flat for the year ended Dec. 31, to $2.24 trillion, caused by December's falling markets.
Milliman: U.S. public pension plans see funded status drop in fourth quarter

Pension Funds

Pension Funds

The aggregate funded status of the 100 largest U.S. public pension plans fell to an estimated 67.2% as of Dec. 31, from 72.9% on Sept. 30.

Money Management

Money Management

Adrien Beuriot was named head of continental Europe asset management, real estate at Aviva Investors.
Caterpillar to plant $170 million in pension plans in 2019

Pension Funds

Pension Funds

Caterpillar Inc. plans to contribute a total of $170 million to its global defined benefit plans in 2019.

Money Management

Money Management

Eduardo Guardia was named CEO of Brazilian money manager BTG Pactual Asset Management, effective July 1.