Weekly People Moves Roundup
Two big changes for Aviva Investors, LaSalle names a new CIO, and more.
News
Adviser Fined $1.6 Million for 25 Years of Pension Fraud
Restitution order comes after sentence of 41 months in prison.
Market Moves
Who Smashed the Up Ramp to the American Dream? Wall Street
So says a new poll searching for why upward mobility is tougher to achieve.
Newsmakers
China to Raise Debt to GDP Ratio, Tighten Infrastructure Investments
Nation lays out investment blueprints to hedge against slowing economy.
Regulation
New York State Comptroller Calls Out 4 More Companies on Board Diversity
Common Retirement Fund has now filed shareholder demands against 33 businesses.
Newsmakers
Update: Wyoming Retirement System Director Retiring
CIO Masoudi praises "universally well-loved and respected" Ruth RyersonRyerson’s collaboration, team building and interpersonal skills.
UK Corporate Pension Funded Levels Rise in February
Brexit expected to bring higher volatility and deficits for pensions.
Aon Abandons Heavyweight Merger with Willis Towers Watson
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.
Newsmakers
Wyoming Retirement System Director Retiring
Ruth Reyerson focused on collaboration, building a ‘strong management team.’
British Pension Pool Picks Managers for New Corporate Bond Fund
Selections chosen for their UK presence and global reach.
Asset Allocation
Exclusive: Los Angeles Water and Power CIO Explains Strategy Behind Its ‘Young’ Private Equity Portfolio
Pension gears up $400 million pacing plan for the 12-year-old allocation.
FCA Issues No-Deal Brexit Tips for Firms
UK regulator says it has prepared for a range of scenarios for when the UK leaves the EU.
Market Moves
Commodities Are Past the Worst, But Don’t Rejoice Yet
While raw materials are no longer slumping, Goldman isn’t that impressed.
Regulation
Moody’s Cautiously Upbeat on Brexit Extension
Ratings agency says allowing more time for EU talks would be ‘credit positive,’ though it isn’t upgrading Britain now.
Research
Private School Endowments Return 7.4% in 2018
Size matters, as the larger funds outperformed the smaller ones.