Wells Fargo: Bull Market to Extend Through 2018, but End may not Be Far
International markets to lead growth, active management to make a resurgence.
News
Is the Endowment Tax a Trojan Horse?
New 1.4% tax on private colleges’ investment income could be a ‘harbinger’ for non-profit entities.
MOSERS Lump-sum Buyout Could Save $90 Million
22% of former state workers take lump-sum payout, fund expects more than $2 million in first-year savings.
Survey: Fewer Expect to Rely on Employers for Financial Security
Respondents also said they prefer a better benefits package over a larger salary.
Ray Dalio Speaks on Tax Migration Dilemma
Bridgewater’s observations on state finances and their respective muni bond markets to be revealed shortly.
Natixis: Institutional Investors Shrug Off Volatility, Eye Active Management in 2018
59% of investors believe that the significant asset flows into passive products is suppressing market volatility.
TOBAM President Opens Up about New Bitcoin Mutual Fund
Choueifaty discusses heavy research prior to fund’s launch, Bitcoin criticism.
MillerCoors Purchases Group Annuity Contract
Company to transfer $900 million in pension obligations to Athene Annuity and Life.
EnCap Investments Closes Fund XI at $7 Billion
Fund XI focused on upstream sector of the North American oil and gas industry.
Corporate Pensions’ Funded Ratio Rises for Third Straight Month
Funded status up nearly 5% from November 2016.
Roy Swan to Lead Ford Foundation’s Mission Investments Team
New director has dedicated much of his career to improving the quality of life in low-income neighborhoods.
CalPERS COIO to Return to Franklin Templeton Investments
Investment director to become interim COIO during replacement search.
PSERS Signs Due Diligence Mandate with IMDDA
Organization to add mergers and acquisitions class next year.
FCA Accuses Four Asset Managers of Breaking Law
Statement of objections initiates regulator’s first enforcement case.
FirstGroup First Private Firm to Consolidate Pensions under LGPS
Move will bring three funds under control of one administrating authority.