Molson Coors Hit with Class Action Lawsuit
Complaint accuses CEO and CFO of making false and misleading statements.
News
ETFs Are in Higher Demand from Insurers
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.
Washington State Makes $1.6 Billion in Private Market Commitments
The new commitments are part of the plan to keep private market investments to around 40% of the fund.
Canadian Pension’s ‘Pivotal Year’ Drives Substantial Progress for Its Alternative Strategies
Robust international portfolio delivered $9 billion in 2018.
SEC Proposes to Expand Obama-Era ‘Test-the-Waters’ Modernization to All Businesses
Proposition would allow businesses to solicit institutional investor interest before filing an IPO.
People Moves Roundup through 2/22
Schroders expands DC team, new CEO tasked with Bitcoin swaps and other career moves
SEC Charges Four in Elaborate Microcap Stock Fraud
Fake debt instruments allegedly used to reap $25 million in ill-gotten gains.
Accountant Allegedly Stole $2 Million from New Orleans Firefighters’ Pension
Wayne Triche was charged with wire fraud and tax fraud in 38-count indictment.
Another Swedish Pension Shield Had a Not-Great 2018
Two of the nation’s four retirement system reserves experienced lackluster returns last year.
New Mexico PERA Gets a Task Force
Governor-appointed group to find ways to patch up $6 billion-plus funding deficit.
US Public Pension Assets Tumble in Q4
Investment losses lead to $306 billion funding loss.
Alaska’s New CIO Details the Fund’s Prolific Co-Investment Program
Despite recent losses, co-investments have generated a 63.4% annualized five-year return.
Lawsuit Accuses CBS Execs of Insider Trading
More than $200 million of shares were sold before sexual harassment allegations were made public.
Nebraska’s Chief Investor Discusses His Conservative Approach to Alternative Investors
State council also outlines private equity pacing plan with re-ups to existing managers.
Texas Health Care Foundation Finds Its Next CIO
Columbia endowment managing director becomes latest new finance chief named in health care.