In The News
Plan sponsors using an outsourced chief investment officer have more diversified asset classes and a mix of active and passive investment options in their fund lineups, PGIM research found.
Four concrete reasons why D&I is important from an investment management perspective.
Major Japanese institutional investor Nippon Life Insurance says it will introduce ESG methods for all investment and financing decisions from next April.
Too many fund managers and alternative holdings are bad for pension beneficiaries.
Jamie Dimon has long been considered the King of Wall Street for running the nation’s largest bank, JPMorgan Chase, for 15 years — profitably and for the most part scandal-free. But there’s competition afoot for the crown, and it’s coming from an unlikely source.
Approval of settlement means state will never recover most of its losses.
New EU rules and growing investor focus on sustainability will fuel rapid growth, says PwC.
A pension fund for Milwaukee city employees sued Allianz Global Investors in Wisconsin federal court Friday, claiming the investment manager took a self-interested gamble early in the pandemic that cost the workers hundreds of millions of dollars of their pension savings.
Proponents say the timing is right, while critics summon up memories of Blago’s misbegotten POB.
Manhattan Institute recommendations include paring back “unusually generous” benefits and transitioning new employees toward a defined-contribution system.