Illinois’ largest public employee pension fund paid an inordinate amount in fees to hundreds of financial managers while reaping a measly annual return on its investments, a new investigation claims, but the Illinois Teachers Retirement System says the allegations are misleading.
More than two months after Segal Advisors acquired the business of Rogerscasey, the firm's president and chief investment officer speak about the new business -- commenting on new opportunities for growth.
Corporate defined benefit (DB) pension plans are facing challenges from multiple angles, according to Michael Moran, Pension Strategist at Goldman Sachs Asset Management.