Natixis: Institutional Investors Shrug Off Volatility, Eye Active Management in 2018
59% of investors believe that the significant asset flows into passive products is suppressing market volatility.
News Archive: Dec - 2017
Risk
TOBAM President Opens Up about New Bitcoin Mutual Fund
Choueifaty discusses heavy research prior to fund’s launch, Bitcoin criticism.
MillerCoors Purchases Group Annuity Contract
Company to transfer $900 million in pension obligations to Athene Annuity and Life.
EnCap Investments Closes Fund XI at $7 Billion
Fund XI focused on upstream sector of the North American oil and gas industry.
Research
Corporate Pensions’ Funded Ratio Rises for Third Straight Month
Funded status up nearly 5% from November 2016.
Corporate Moves
Roy Swan to Lead Ford Foundation’s Mission Investments Team
New director has dedicated much of his career to improving the quality of life in low-income neighborhoods.
Corporate Moves
CalPERS COIO to Return to Franklin Templeton Investments
Investment director to become interim COIO during replacement search.
Newsmakers
PSERS Signs Due Diligence Mandate with IMDDA
Organization to add mergers and acquisitions class next year.
FCA Accuses Four Asset Managers of Breaking Law
Statement of objections initiates regulator’s first enforcement case.
FirstGroup First Private Firm to Consolidate Pensions under LGPS
Move will bring three funds under control of one administrating authority.
New Jersey’s Public Pension Hits Highest Value Since 2015
Gov.-elect Murphy hopes to meet or beat Gov. Christie’s state contribution plans.
CalPERS to Purchase 80% Stake in Rocky Caney Wind
Deal made through Gulf Pacific Power account.