Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
News Archive: Jul - 2018
UK’s High Court Approves Royal London’s Annuity Proposals
Insurance firm says policyholders are throwing away valuable guaranteed rates.
NY State Pension Manager Gets 21 Months in Prison for Pay-to-Play
Navnoor Kang steered business to brokers in exchange for money, drugs, and prostitutes.
Goldman: Beefing Up Corporate Pensions Will Flatten the Yield Curve
The firm says companies will be heavy bond buyers, contributing $60 billion to their pensions due to a tax change.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Why the Stock Market May Break the Mid-Term Election Year Curse
Seldom are the 2nd and 3rd quarters good for stocks. But their performance thus far is OK.
Newsmakers
Two University of California Investment Managers Replace Departees
Samuel Kunz and Ronnie Swinkel add responsibilities after three top people leave.
Hedge Fund Titan Daniel Loeb Worries About Fed Hikes
Activist investor thinks aggressive short-term rate increases 'heightens' recession risk.
Asset Allocation
CDPQ Fund, AMP Capital Invest $500 Million in Tillman’s Cellular Towers in US
The deal is the second major construction project for the huge Canadian pension fund.
NY Pension Fund to Divest Private Prison Holdings
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.
Pennsylvania Withholds City’s Aid over Investment Firm Hiring
Auditor general says the process to replace the investment manager was 'fatally flawed.'
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
CalSTRS CIO Warns Trump’s China Policies Could Disrupt Market
Tweets and policies could escalate trade dispute into a trade war.
Newsmakers
New Connecticut Study Group Aims to Solve Pension Mess
Commission will study state’s fiscal situation in an attempt to boost the state-worker retirement system’s low 41% funding level.
Asset Allocation
Canada Pension Plan, Boston Properties Buy Santa Monica Office Park
The joint venture will be able to buy the underlying land in 10 years.