Bill Gross: Not the King of Bond Markets, After All?
Fixed income commentators are not as concerned about the long term impact of Gross’ exit as weekend headlines have indicated.
An internal candidate will take over the top job when the current chief retires, while the University of Florida has appointed a new CIO.
State and municipal pension funding levels have declined rapidly since 2004.
Motorola Solutions has agreed to offload $3 billion in pension liabilities to Prudential.
After wildly varying hedge fund performance in 2013, managers have struggled to be different this year.
Using external managers is falling increasingly out of fashion Down Under.
Heirs of the oil tycoon have joined 180 other institutions representing more than $50 billion in the global divestment movement.