Companies merge as a consolidation move under their joint owner, Genstar Capital.
Historically, the S&P 500 has been flat when federal functions grind to a halt, and the index is up 7.5% since the latest closure.
How Plan Sponsors Are Using LDI and Alternatives
The pension is now studying the impact of a 2% to 4% allocation to managed futures on the total fund.
The OAK prefers a uniform interest rate for the public workers and two other retirement plans, which a lobbying group says is wrongheaded.
Beyond investment management, CIOs are looking for their asset managers to become partners in setting strategy and managing risk.
The asset management titan plans to make ‘additional changes’ in the coming weeks.