Supreme Court Widens Scope for Fraud Claims
Supports SEC in allowing agency to hold individuals liable even if they did not make a statement deemed fraudulent.
News Archive: Apr - 2019
Research
Pew: Hawaii’s State Pension Ready to Withstand Recession
Increased contributions and stress tests are key to Hawaii’s financial health.
CIO NextGen: Last Days to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
BlackRock Consolidates Departments, Elevates Execs in Strategic Revamp
The asset management giant reshapes lines of authority and highlight alts as it gears up for a Fink-less tomorrow.
Expect a Slowdown, Not a Recession, Corporate CFOs Say
A solid 75% are looking for a downturn, yet just 15% think a recession will occur in 2020, Deloitte survey indicates.
Corporate Moves
Future Fund Gets a New Deputy CIO
Portfolio strategy head specializes in long-term strategy, governance.
Newsmakers
BMW to Freeze US Pension Program, Shunt Workers into DC Plan
Decision to shift American workforce into a defined contribution plan comes amid dropping earnings at the carmaker.
Newsmakers
New Zealand Super’s Proxy Drive Against Big Tech Grows to 23 Institutions
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
Corporate Moves
Ohio Teachers Launches Search for Executive Director
Michael Nehf to retire when his contract is up in 2020.
FCA Fines Goldman Sachs £34.3 Million for Reporting Failures
Firm allegedly made more than 220 million errors over nearly a decade.
Corporate Moves
EPIQ Capital Group Names Boris Albul CIO
Albul joins boutique multi-family office serving high-net-worth clients.
Three Norway Municipal Funds to Merge
Buskerus, Akershus, and Østfold will pool assets.
CIO NextGen: Last Week to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
Newsmakers
CalSTRS Expanding Green Investment Efforts
CalSTRS’s annual green report goes beyond the pension’s efforts to offer a bleak picture of global plans to deal with climate change.
Alternatives
New Mexico Makes Historic Move into Infrastructure Debt
Despite a lower return profile, council opts to diversify into nascent infra strategy.