The officials who manage Mississippi’s defined benefit pension system might leverage some of the plan’s biggest-ever investment gains as an opportunity to make lasting changes to ensure the plan’s long-term viability.
Alternative investment platform NorthRock Funds has unveiled a multi-manager vehicle which aims to offer institutional investors access to what it calls “high potential” emerging hedge fund managers running a range of innovative and niche investment strategies.
Canadian ETFs generated net inflows of $1.8 billion in July, a nine-month low, as a BlackRock bond fund appeared to suffer a large withdrawal by an institutional investor, according to National Bank of Canada.
A longtime multimillion-dollar donor to the University of Colorado Foundation says the foundation invested its funds so poorly over the past decade that it’s shorted itself and the university.