SSM Health Agrees to $60 Million Settlement in Church Plan Lawsuit
Workers accused the health system of improperly claiming it was a church plan.
News
People Moves Roundup
Lazard grows its quant platform, Target gets a new CFO, and more.
Investor Alex Rodriguez Is Big on Alts
The former New York Yankees star, using a family office approach, puts money into real estate and e-sports.
CalPERS Sets Up Trust to Allow Employers to Prefund Contributions
New prefunding trust to act as ‘almost a defined contribution plan.’
The Mighty Dollar Is Due for a Comedown, PIMCO Says
After an eight-year run, Fed rate cuts and a slowing economy are seen as poised to weaken it.
Norway Approves Sovereign Wealth Fund Fossil Fuel Divestment
World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.
Breaking: IBM CIO Harshal Chaudhari Changes Roles
New CIO named as Chaudhari heads into artificial intelligence full time to lead Big Blue's Enterprise Analytics organization.
US Corporate Pension Funding Plummets $65 Billion in May
Third-largest monthly decline lowers funded ratios to 87.9%.
Chinese Bank to Pay over $42 Million for Improper ADR Handling
Investigation into ADR practices has so far netted SEC more than $414 million.
Trade War Optimism, Fed’s Pivot Boosts New York City’s Q1 Returns
Pension system’s deputy CIO explains why the markets ‘bounced back.’
Corporate Debt Binge Will Ebb, Moody’s Predicts
Earnings slowdown expected to propel a movement away from heavy borrowing.
LACERA Board Sacks CEO Lou Lazatin
Fund launches executive search immediately, putting Chief Counsel Steven Rice in charge for now.
Nominate the Brightest Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
UK Workplace Pension Members Saved £90.4 Billion in 2018
Pension participation surged to 18.7 million from 8 million since 2012.
ATP Gets a Bitter-Suite Shakeup
Danish pension plan’s Acting CEO Bo Foged finally gets the big promotion, but also loses his CIO, Kasper Ahrndt Lorenzen.