NYC, Oregon Pension Funds Named Lead Plaintiffs in Fox Lawsuit
The plaintiffs’ claim that Fox News’ business model included knowingly engaging in defamation ‘appears promising,’ a Delaware Chancery Court says.
News
Julie Su Re-Nominated as Head of DOL
Nominees who have not yet been confirmed must be resubmitted at the beginning of any calendar year.
Why Consider AI Stocks, What to Be Aware of, per Morningstar
Risks and opportunities exist in machine learning for investors who want exposure.
Markowitz Redux: Updating Modern Portfolio Theory
Two academics create a new measure to divine a security’s price after a certain holding period.
3M to Freeze Nonunion Pension Plans in 2028
The company is focused on ‘providing employees with more flexibility and control’ by moving to the 401(k) structure.
WTW Promotes David Eisenreich to North America Head of Retirement
Eisenreich has been with the firm since 2005 and replaces the retiring Michael Archer.
Boann Social Impact Hires Alicia Dubois as CIO
The fund will seek to expand impact investing in Canada.
10 Predictions for 2024, in Memory of Byron Wien
JPM’s Cembalest gives prophecy a try in a tribute to the late market sage.
Funded Levels Rose for Canadian DB Plans in 2023, But Risks Remain
Interest rates and market volatility continue to pose a significant risk for many plans.
Thames Water Marked Down by More Than 60%
The U.K.’s Universities Superannuation Scheme downgraded the value of its holdings in the private utility, putting infrastructure investments under a spotlight.
Hedge Funds’ Popularity Flags Among Allocators, per Consulting Firm
Institutions will taper off their investments to hedge operators, says Agecroft Partners.
Pension Risk Transfer Growth Fuels UK Insurance Rating
Higher interest rates have boosted the funded statuses of U.K. pension schemes and given Fitch Ratings reason for optimism.
PBGC Requests Nominations for Open Advisory Council Position
The deadline for nominations is February 16.
Updated Form 5500 and Instructions Released
Defined benefit plans will see important changes to Schedule R and Schedule MEP.
