Latest News

CFTC hit enforcement records in fiscal 2018, enforcement director says

Washington

Washington

Enforcement by the U.S. Commodity Futures Trading Commission hit records in the past fiscal year, including market manipulation cases.

WASHINGTON

WASHINGTON

Gordon Hartogensis was approved by the Senate Finance Committee to serve as director of the PBGC by a bipartisan 25-2 vote.
2 Florida pension funds nix commitments to buyout fund over fiduciary issue

Pension Funds

Pension Funds

Two Orlando, Fla., pension funds reversed their decisions to commit a total of $20 million to buyout fund Windjammer Senior Equity Fund V.
Financial wellness programs can boost cost savings: report

Defined Contribution

Defined Contribution

Retirement readiness can significantly decrease the cost of delayed employee retirements for companies, a new report states.
Improving proxy-voting system discussed at SEC roundtable

Regulation

Regulation

A session about improving proxy voting kicked off the SEC's series of roundtable discussions on the proxy process.
U.S. financial stability risks averaging in medium range, OFR report says

ECONOMY

ECONOMY

Risks to U.S. financial stability are averaging in the midrange, the annual Office of Financial Research report states.
Currency markets react amid draft Brexit deal

BREXIT

BREXIT

The U.K.'s currency tumbled amid the unveiling of the country's agreement for its exit from the European Union and cabinet resignations
AUM up 11% in 2017, but not all managers benefited equally – McKinsey

Money Management

Money Management

Overall assets under management for North American money managers rose 11% to $88.5 trillion in 2017.
Institutional push for ETFs making passive a larger share of total AUM in Europe

Investing

Investing

Strong push for ETFs from institutional investors could boost passive strategies to account for at least 22% of total AUM in Europe by 2025.
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.
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
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.
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.