World’s Largest Fund Managers’ Assets Top $80 Trillion
Total AUM for the 500 biggest managers rose 5.8% in 2016.
News
Church Pension Group Calls Ditching DB for DC Plan ‘Irresponsible’
Group says practice of moving from defined benefit to defined contribution plans is not done for the benefit of employees.
A. H. Belo, NY Times Transfer Pension Liabilities
Newspaper publishers de-risk a combined $268.5 million.
Inflation Expectations Impact Pension Plans as Fed Continues Balancing Act
Markets continue to anticipate muted inflation, and the Federal Reserve to contemplate rate hike in December.
Philadelphia Pension to Divest Private Prison Stocks
Board votes to liquidate $1.2 million worth of stock in three private prison companies.
Illinois TRS Earns 12.6% in FY2017
However, unfunded status grows as fund continues ‘treading water.’
Norway’s Government Pension Fund Global Returns 3.2% in Q3
Oil and gas, and basic material stocks, were the fund’s best-performing investments.
Okla. Teachers Selects Northern Trust to Manage Index Portfolios
BlackRock and Rhumbline Advisers were among the finalists considered.
Connecticut Teachers’ Pension Contribution May Rise 1%
Think tank says change will not be enough to stave off budget cuts and tax increases.
Norway’s Government Pension Fund CEO Resigns
Deputy managing director to serve until successor joins.
Skytop Strategies: Plan Sponsors Share ESG Expectations, Strategies, and Goals
Strategy, rather than divestment, key to a sustainable funds, panelists say.
Skytop Strategies: Reflection on ESG Trends, Hurdles, Generating Alpha
Attendees provide insights on sustainable investing at ‘Generating Alpha’ conference.
Harvard Endowment Revamps Investment Approach
Investment management CEO says ‘disappointing’ returns symptomatic of ‘deep structural problems.’
In Depth: China Congress Brings Investors Some Assurances
New policies aim to improve economy’s long-term growth potential.