In The News
The fate of a Florida college founded by a black civil rights activist may be in the hands of a California hedge fund.
Aegon Real Assets US announced the closing of a $151 million national low-income housing tax credit (LIHTC) fund sponsored by Aegon RA, a member company of Aegon Asset Management, the global group of asset managers affiliated with Netherlands-based Aegon N.V.
Class action suit alleges company misrepresentations led to ‘artificially inflated’ share prices.
The MSCI Emerging Markets Index is down 11% from its recent highs, putting it in correction territory.
Tarrant, the founder of Protege Partners, died of a brain tumor, Reuters reports.
The collective unfunded pension tab for more than 600 downstate and suburban Illinois public safety funds grew by $1 billion to $11 billion, with the funded ratio recording its first decline since 2010, according to the latest figures submitted by the funds.
Fed interest rate cuts raise prospect of a bigger push into riskier assets.
Main Post Advisors has set out to raise a $500 million venture-capital fund, according to a filing with the SEC.
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016.
A controversial section of a proposed code of conduct would bar California Public Employees’ Retirement System board members from speaking out against investment decisions or policies following board approval, a move some are claiming is aimed at stifling dissent and preventing board members from talking to the media, CIO reports.
