Ray Dalio Steps Down from Co-CEO of Bridgewater
Dalio, who oversees the assets of the world's largest hedge fund, will become co-CIO.
Newsmakers
BrightScope Releases Annual Ranking of Top 30 401(k) Plans
Newcomer to list takes top spot.
Saginaw County Faces Unanticipated Rise in Pension Funding Contribution
County disappointed with estimates that require it to step in with another $4.5 million for the 2017-2018 fiscal year.
Chinese Pension Funds Begin Investing in Equities, Bonds
The decision is a fundamental change in the way China’s pension funds are managed.
Pension Gender Gap Creates $59,000 Shortfall for Women
Study finds that since 2013, women have received, on average, 1% of their salary less in employer pension contributions each year.
Dallas Police and Fire Pension Board Approves Rescue Plan
The plan, something of a poster child for America’s struggling pension funds, includes a normal retirement age of 58, with an early retirement age of 53, as well as a benefit multiplier of 2.5%.
The Pace of Trump’s Policy Agenda – Three Big ‘Ifs’
Three conditions that could change PIMCO's outlook.
Milwaukee County Pension Fund Head Resigns Amid Overpayment Problem
County supervisor pushing to merge the county pension into the state system.
Goldman Sachs Acquires Verus Investors' Strategic Partnership Unit
Unit will become part of firm’s outsourcing solutions business.
Four Women Running Major University Endowments Left Jobs in Recent Months
Recruiter says departures are not about being female.
CalPERS Shift to De-Risk Portfolio Post-Election Cost $900 Million in Potential Returns
Nation’s largest pension fund reduced its exposure to global equities from 51% to 46%.
London Stock Exchange Group Issues ESG Reporting Guidance
Investors desire a standard approach on how companies report their environmental, social and governance practices.
Private Equity Managers Expect Less Uncertainty in 2017
Only 38% are planning to increase foreign transactions.
Are Strategic Communications in the C-Suite Working?
Paper finds that executives have to be present and personally deliver their message.
Two States Announce Changes to Their Pension Funds
South Dakota joins Michigan as a result of lowered expectations.