News

The plan hired a new international equity manager at its board meeting last week.

Plan expects to receive a recommendation in October.

J.P. Morgan’s Securities Services business announced today the launch of “Fusion by J.P. Morgan,” a data platform that delivers end-to-end data management and reporting solutions for institutional investors.

U.S. pensions’ allocations to Russian assets are limited, but plans are responding to the conflict by considering their long-term approach.

Germany’s Allianz said on Wednesday it would set aside another $2 billion as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its funds arm.

Funds that manage retirement savings for teachers, firefighters and other public workers returned a median minus 4.01% in the first quarter.