News

Funds play a positive role in pre- and post-retirement, ITF says.

Over the past five years, investment returns added $1.2 billion to the state’s retirement system.

Deficit drops to $247 billion from $275 billion.

Change driven by lower assumed rate of return, salary increases, and weak investment returns

Tax considerations, rising PBGC premiums drive move, Russell Investments says.

Goal is to make Saudi Arabia less dependent on oil income and attract more foreign investors to the country’s capital markets.

North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016.

Five funds apply to the Treasury Dept. to have benefits reduced for their members.

Even with lowered returns, no negative impact on ability to meet obligations.

New York-based plan expected to resubmit application with revised assumptions.

No changes expected to the investment team, process or strategies that Adveq manages on behalf of clients.

Kick off collaborative efforts towards impact by committing more than $17.1 million to a fixed-income bond fund.

State treasurer expects the move to save the state about $5 million a year in fees paid to managers.

A net 83% of investors believe US equities are overvalued, with allocations dropping to their lowest levels since January 2008.

BSGR claims fraud, defamation in loss of mining rights to Guinea deposit.