Spurred by Placement Agent Controversy, CalPERS CIO Voices New Effort; New York’s CIO Eases Placement Agent Ban
A study of 78 European pension funds in 16 countries reveals investors have increasing trust in equities.
Hoping to restore investor confidence, the regulator passes an “alternative uptick rule” after more than a year of debate.
The US Congress and the Securities and Exchange Commission (SEC) could be close to passing legislation and rules that will, among other developments, eliminate flash trading and institute ‘circuit breakers’ for short-sellers, according to financial policy specialist Joseph Engelhard.
Ohio pension funds won class action certification over allegations of accounting fraud, among others; judge ends civil charges accusing BofA of misleading shareholders when it acquired Merrill Lynch.
After improved returns, AP3 will focus on a management model based on risk categories.
The German carmaker completed the largest-ever insurance transaction with a pension scheme.
The regulator seeks to help finance a shortfall in the Nortel UK pension plans.
Michael Smith at UF and James Walsh at Ivy League Cornell cite personal reasons, pursuit of new challenges.