News

Extensive and timely coverage of the institutional industry.

In The News
Wall Street Exec Found Liable In State Pension Fund Pay-To-Play Scheme

Navnoor Kang was a top Wall Street money manager who enjoyed the perks of the job. One banker paid for his cocaine and bottle service during a weekend trip to Montreal.

11.05.20
Consultant/OCIO/Discretionary
Mid-Atlantic Plan Eyes OCIO Search; To Consider New Asset Classes

A $1.1 billion Mid-Atlantic pension plan will run a search to explore the outsourced cio space as a potential alternative to its traditional consulting relationship.

11.05.20
Multi-Asset/Investment Advisor
Southeast City Taps PFM For Investment Advisory Services

A Southeastern city approved the hire of PFM Asset Management to handle its operating, capital and reserve funds last month.

11.05.20
Manager-of-Managers
Northeast Plan Concludes Manager-Of-Managers Search

A Northeastern pension plan appears to have made a decision in its invitation-only manager-of-managers search.

11.05.20
People Moves
Barings Names New CEO

The new appointee retains his current role as President.

11.05.20
People Moves
BNP Paribas Appoints Corporate Credit Research Head

She will oversee corporate credit research in developed markets.

11.05.20
Industry News
Victory Capital To Acquire THB Asset Management

The holdings company will add THB’s $435 million in equity assets to its portfolio.

11.05.20
Emerging/Diverse Managers
Midwest Plan To Consider Emerging Manager-of-Managers

A Midwest plan will consider hiring an emerging manager-of-managers to increase its emerging manager utilization goal.

11.05.20
In The News
Time For Stringer To Come Clean On The Pension Shortfall

Last week, City Comptroller Scott Stringer released his comprehensive annual financial report for the fiscal year that ended June 30 that included an estimate of the city’s liability for its employees’ pensions.

11.05.20
In The News
Leading U.S. Pension Funds CalPERS And State Board Of Administration Of Florida Will Support REFOCUS Consortium And Vote Against URW Rights Issue

Funds also vote in favour of appointment of all three REFOCUS nominees to the URW Supervisory Board.

11.05.20