From aiCIO's November Issue: How Rolls-Royce shed the constraints of its various pension funds—and saw its stock, among other things, take flight. Elizabeth Pfeuti reports.
A group of pension funds have filed a lawsuit against JPMorgan Chase & Co--the biggest bank by assets in the United States--noting that it has turned its risk-management unit into a "secret hedge fund" resulting in monumental losses.
Active managers have struggled amid a turbulent economy, but Wellington Management believes that the tough ride for these managers may have reached an inflection point.
The head of Ireland’s National Treasury Management Agency has called overcharging by State Street “fraud”; multiple sources confirm that the Financial Services Authority is investigating the bank over transition management practices.