The investment firm announced it would close the $2.3 billion Fortress Macro fund after losing more than 17% this year.
A total of three investment team members will depart under new foundation chief Greg Williamson, CIO has learned.
Institutional investors are underutilizing the asset class and missing out on potential returns, according to Towers Watson.
Columbia Threadneedle has included diversity statistics among its key corporate performance indicators for the first time.Headlines
Russell Investments’ Bob Collie argues that the UK’s foremost DC fund can help US pensions construct their own quality retirement models.
A former regulator will lead one of the UK’s pioneering pension projects.
In the wake of the Volkswagen emissions scandal, investors are demanding greater transparency from manufacturers.Headlines
Morningstar says it will look into Bill Gross’ complaint that PIMCO has been “deliberately obfuscating the allocation of some fees.”
US corporate funds would need at least an 8.4% gain in the fourth quarter to make up for recent heavy losses, according to Milliman.
CalPERS will engage with coal companies about climate change risks after a bill was signed into law this week.