News

Director of Investments Joshua Fenton will succeed as head of the $8.3 billion philanthropic fund.

However, insurance companies likely won’t be able to accommodate the increased demand.

At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.

Class action lawsuit claims firm loaded its retirement plan with high-fee, underperforming proprietary funds.

Prosecutors allege that Neil Phillips artificially drove the dollar-rand exchange rate lower to trigger a $20 million option payout.

Prudential, MetLife to take over responsibility for 100,000 participants and beneficiaries.

Letter criticizes short-term thinking that ‘imposes an ideological screen on an investment manager’s ability.’

Norway reclaims the top spot from Iceland, while Switzerland remains in second.

Portfolio beats benchmark thanks to a private equity allocation exceeding the pension fund’s ‘allocation range tolerance.’

Ruling shoots down BT, Ford, Marks and Spencer pension funds’ challenge to reforming inflation calculation.

Japan’s GPIF remains the largest pension fund in the world for the 20th straight year.

Falling equity markets and rising interest rates are blamed for the portfolio’s $7.7 billion loss.

Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.

Guo joins the insurance giant from Catalina Holdings, where he was CIO of Asia and Europe.