Newsmakers
Allianz Global Investors to Repay Over $5 Billion for Securities Fraud
The strategy was sold to approximately 114 institutional investors.
Tag: Raytheon
Asset Allocation
Norway’s KLP Divests From Producers of Controversial Weapons
General Dynamics, Raytheon, and Rolls Royce are among 14 firms excluded by Norway’s largest pension fund.
Asset Management Culture
Raytheon Technologies to Launch Diverse Manager Program
Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.
Asset Allocation
Defense Stocks Are Killing It, but for How Long?
Amid swelling Pentagon spending under Donald Trump, they look good. But under President Bernie Sanders?
Newsmakers
Plans for Raytheon and UTC Pensions, Investment Divisions Unclear After Merger
Massive new corporate combination has $94 billion in retirement assets.
Firms Make Last-Minute Dash for Pension Contributions in Q3
Companies bolster pensions while taking advantage of lower tax rate.
Scott Lupkas Named Chief of Raytheon’s Pension Unit
New executive for the defense company comes from autoworkers union retiree health plan.
Raytheon to Transfer Nearly $1 Billion in Pension Liabilities
Insurer Prudential will now carry the retirement obligations of 13,000 Raytheon members and beneficiaries.