The Board of Supervisors ordered an audit Tuesday of L.A. County’s pension fund following a Times investigation of trustees’ spending on travel.
A state pension fund in the Northeast has posted its RFP seeking best in class passive managers.
Richard O’Hara joined investment management boutique Hilton Capital Management as director of Taft-Hartley and public funds on July 1.
Bob Strachan has joined Principal Global Investors as a managing director for global consultant relations.
Traditional strategies helped lead to continued positive investment returns for institutional plan sponsors last quarter following a rebound in the first quarter of 2019, according to newly-released Northern Trust Universe data.
Deb Boyden joined Schroders as head of U.S. defined contribution on July 22.
A water authority in the Southeast has issued an RFP seeking investment advisory services.
A city in California is seeking firms to provide investment management services for its investment portfolio.
Alan Bartlett will join Franklin Templeton Investments as cio of Templeton Global Equity Group (TGEG), effective Oct. 1.
A plan that allowed some pension enrollees to cash in early on their earned retirement benefits in exchange for curbing future benefits has so far generated only 3% of its expected savings.