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News Archive: Nov - 2018

Newsmakers November 30, 2018

Future Fund’s Founding CEO Passes Away

Paul Costello, an ESG pioneer, built two world-renowned sovereign wealth funds from scratch.

Newsmakers November 30, 2018

Class action suit says toymaker CEO, CFO profited from ‘artificially inflated’ stock.

Corporate Moves November 30, 2018

Daga is reunited with Harvard Management Co. CEO Narv Narvekar.

Newsmakers November 30, 2018

Two unnamed suspects, clients funneled more than $350 million in unreported cash through shell companies in the British Virgin Islands.

Asset Management Culture November 30, 2018

Platform will invest up to $1 billion in Colombian infrastructure projects and companies.

Newsmakers November 29, 2018

The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.

Newsmakers November 29, 2018

Fund for state and municipal workers scrambles to find own bailout blueprint to patch up funding.

Research November 29, 2018

Departing Merkel has highest confidence rating, with other major leaders lagging behind badly.

Regulation November 29, 2018

EtherDelta founder Zachary Coburn to pay nearly $400,000 in disgorgement and fines.

Regulation November 28, 2018

ITG agrees to second multimillion-dollar settlement with SEC in three years.

Newsmakers November 28, 2018

Fund names CFO and COO Bo Foged as acting director.

Newsmakers November 28, 2018

Andy Beshear says dedicated revenue source needed to save state retirement systems.

Alternatives November 27, 2018

Canadian pension to contribute €450 million of equity.

Asset Allocation November 27, 2018

Morgan Stanley’s Wilson, who called the 2017 blowout and the 2018 letdown, sees more of the same for next year.

Regulation November 27, 2018

Local 805 Pension Fund can begin cutting benefits as of Jan. 1.