Industry News
Healthcare systems have worked to reduce their exposure to alternatives on the heels of the volatility that impacted the market in the fourth quarter of 2018, according to a recent survey from an investment consulting firm.
Hedge fund managers face increasing demands from asset owners who covet improved ESG reporting standards and increased commitment to ESG, a new study finds.
A Washington, D.C.-based human resources firm is conducting a new nonprofit diversity practices survey and is looking for input from social sector leaders, human resources and talent management experts.
A founder of a Montreal-based investment manager will retire at the end of 2019.
The U.S. Supreme Court recently agreed to review the Eighth Circuit’s decision in Thole v. US Bank, in which the Eighth Circuit held that participants in an overfunded defined benefit pension plan lack standing to sue for fiduciary breaches under ERISA. The Supreme Court’s decision in this case—the third ERISA case accepted by the court this term—could have significant implications for plan sponsors and plan fiduciaries.
Eagle Asset Management promoted Brad Erwin to portfolio co-manager on the firm’s Growth & Income Team on July 1.
Jen Robertson, associate portfolio manager and senior analyst on the MetWest Capital Equity team at Wells Fargo Asset Management, will leave the firm on Sept. 13.
Andrea Clark has joined GW&K Investment Management as v.p. and global equity client portfolio manager.
Plan’s returns were led by private equity and innovative strategies.
Firm closes oversubscribed fund with $610 million in total capital commitments.