News

Extensive and timely coverage of the institutional industry.

Searches And Hires
Pacific Plan Seeks Investment Advisor

A Pacific island plan is searching for a firm to manage its portfolio, review investment policy and conduct due diligence on managers.

03.26.21
In The News
J.P. Morgan Wealth Management Unveils Plan To Boost Diverse Advisor Hiring

J.P. Morgan Wealth Management unveiled plans today to serve more Black and Latinx clients and increase diverse advisor hiring by 2025.

03.26.21
In The News
Nuveen Raises Another $59 Million For Europe Logistics Fund

Nuveen Real Estate said Wednesday that it has raised an additional €50 million ($59.1 million) for its latest Europe-focused logistics real estate fund, which has already made one acquisition and has others in the pipeline.

03.26.21
In The News
Sustainable Agriculture Is The Next Way ESG Investors Can Fight Climate Change

7 ways for ESG investors to profit from sustainable agriculture.

03.26.21
In The News
NJ Pension Fund Must Divest Fossil Fuels

Climate-change activists are calling on NJ pension fund to divest all investments in fossil fuels to safeguard air and water and planet.

03.26.21
In The News
BlackRock Inks $9.6 MillionDeal To End ERISA Class Action

BlackRock has agreed to pay $9.6 million to end an Employee Retirement Income Security Act class action accusing it of costing workers and retirees millions in unreasonable 401(k) plan fees and bad investment decisions, the investors said in a bid for preliminary approval of the deal.

03.26.21
In The News
Vanguard Corrects Investment Error In 529 Education Savings Plan

The asset manager steered more money to stock funds last year than it intended for some individuals in a roughly $27 billion education-savings plan administered by the state of Nevada.

03.26.21
Master Limited Partnership
Florida Plan Eliminates MLP Allocation

The plan will move the assets into international equity and emerging markets equity.

03.26.21
Alternatives
Midwest Plan Beefs Up Alts., Real Estate Portfolios

Plan will finalize three private equity commitments and a real estate commitment this week.

03.25.21
International / Global / Emerging Markets
Axiom Appoints EME PM

Axiom Investors has appointed a new co-portfolio manager to its emerging markets equity strategy.

03.25.21