Newsmakers
Denmark’s MP Pension Stops All Danske Bank Trading
Fund says the bank’s developing money laundering scandal violates its responsible investing policy.
News Archive: Jul - 2018
Opinion
What Would LDI Look Like for Public Pensions?
Although it might look controversial, a split portfolio may be strong option to meet a fund’s short-term cash needs as well as maximize long-term wealth.
Aon: Complacency Biggest Risk for Canadian Pensions
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
CalPERS Earns 8.6% for Latest Fiscal Year
Pension results were just under its custom benchmark, missing the mark by six basis points.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Largest US Corporate Pension Plans Funded Ratio Rises to 92.8% in June
Despite investment loss, deficit of 100 largest corporate plans fell $23 billion.
Earnings Should Rise 19.5% in 2nd Quarter, Says Sam Stovall
CFRA’s strategist sees slight dip from January-March period, with energy the star.
Newsmakers
Kentucky Judge Rejects Gov.’s Pension Ruling Request
Bevin has 30 days to file an appeal with state Supreme Court.
Australia’s Self-Managed Pension Advisors Giving Bad Advice
Report finds that 91% of advisors noncompliant with the law.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Corporate Moves
University of Texas Hires Director for New Hedge Fund Portfolio
Anthony Caruso will run the new stable value section after hedge operations were split in two.
Corporate Moves
Alaska Permanent Fund Corporation’s CIO Departs
Russell Read will start a new role in London while Marcus Frampton steps up in the interim.
Tax Cuts Are Powering Good Outlook for 2nd Quarter, Asset Manager Says
Delta Investment Management shows how lower IRS tab pumps up profit margins.
Brown University Names New Investment Managers
Joseph Dowling III, Jane Dietze promoted to CEO, CIO respectively.
SEC Charges KBR with Inflating Performance Metric
Firm agrees to pay $2.5 million fine to settle with regulator.