Recruitment Firm Staff Posed as Temps to Opt Workers Out of Pensions
TPR says the company tried to deny workers’ pensions to avoid benefits payments.
News
Ray Dalio, James Cameron Launching Deep-Sea Exploration Program
OceanX will broadcast its discoveries via virtual classrooms, museum exhibits, and more.
SEC Names Caryn Kauffman as Chief Financial Officer
She has been climbing the agency’s ladder since 2013.
NextGen List of Tomorrow’s Asset Owner Leaders to Be Named by Chief Investment Officer
List replaces the 40 Under 40, highlighting 25 of the industry's best up-and-comers.
Bridgewater Is Bearish about 2019
The world’s largest hedge fund views rising interest rates and debt as big problems.
Hedge Funds, with Tepid Start to 2018, Get Bump in May
Their 0.65% increase last month makes up more than two-thirds of this year’s increase.
Kentucky Governor Wants to Oust Judge in Pension Lawsuit
Republican Bevin requests new jurist, claiming current one is a biased Democrat.
Housing Market Is Still Sluggish, 10 Years After Crisis
Higher mortgage costs and a supply shortage are problems, though demand is decent.
Discount Rate Decreases Slow S&P Pension Improvements in May
Aggregate pension debt drops by $9 billion, but combined S&P 1500 debt is still more than $2 trillion.
UK MPs Call for Mandatory Disclosure of Climate Change Risks
Parliamentary committee said a voluntary approach for asset managers would not be effective.
Under-Funded Colorado Retirement System Gets Some New Money
State will contribute $225 million extra annually, and both employer and employee contributions rise.
Why Small Caps Romped in May, Leaving Behind Large Stocks
For a change, the small-stock S&P 600 outpaced its large-cap sibling, with healthcare a big plus.
SEC Fines DeVere $8 Million over Conflicts of Interest
Regulator alleges investment firm defrauded hundreds of clients.
UK Corporate Pension Funded Levels Surge in May
The aggregate funded level of the FTSE 100 pension funds climbed to 99% last month.
$26 Trillion Institutional Group Pushes Paris Agreement Adoption Ahead of G7 Summit
Alliance concerned about agreement’s goals ‘falling short.’