News

Smart Beta vs. the Monkeys

A random approach to stock-picking may have been proven to outperform active managers, but can it trump smart beta too?

U. California Moving Away From DB

A new retirement program designed to cut costs will offer employees a choice between hybrid and pure defined contribution plans.

NJ Pension Asked to Switch Back to 60-40

The state AFL-CIO chapter presented a plan to drop its alternatives investments and revert to a “responsible, traditional allocation of stocks and bonds.”

UBS Launches Another OCIO Program

The asset management and wealth management groups will team up to target institutional clients with less than $250 million in assets.