News

Extensive and timely coverage of the institutional industry.

In The News
PIMCO Canada To Close The PIMCO Balanced Income Fund (Canada)

PIMCO Canada Corp. (“PIMCO Canada”), the manager of the PIMCO Canada Funds, will terminate PIMCO Balanced Income Fund (Canada) (the “Fund”), effective on or about August 28, 2020.

06.08.20
In The News
PERA Chairman Agrees Board Violated Open Meetings Act With Vote

The board of trustees for New Mexico’s public pension fund agreed Thursday to vote again on ending membership fees for a retiree group following a complaint the board violated the state’s Open Meetings Act.

06.05.20
In The News
Black Founders Say VC Responses On Race Could Affect Future Connections

The recent deaths of George Floyd and other black Americans at the hands of police have sparked an outpouring of statements from businesses, founders and investors across the venture capital world. Many have been declarations of solidarity and support for the black community, while others have promised action to address ingrained racial inequity.

06.05.20
In The News
Nicklaus: Investors Want Women On Corporate Boards. And They're Getting Them

I know Brian Matthews and I don’t think he’s a sexist, but he has landed in the middle of a debate over gender diversity.

06.05.20
In The News
Study: There’s A Better Way To Withstand Downturns Than Old DB Model

Under new set-up, a plan is over-funded, which serves as a cushion in a downturn. Any benefit cuts are only as a last resort.

06.05.20
Industry News
Federal Thrift Chairman Resigns

Michael Kennedy, chairman of the $612 billion Federal Retirement Thrift Investment Board, has resigned his post to pursue another opportunity, effective June 30.

06.05.20
In The News
Justices Appear To Slam Door On Most Pension Plan Litigation

A Supreme Court decision this week may have essentially put an end to lawsuits that allege corporate pension plans are being mismanaged.

06.05.20
People Moves
Midwest State Police Fund Names Interim Executive Director

A Midwestern state police pension fund agreed to a contract with an interim executive director at today’s meeting.

06.05.20
People Moves
T. Rowe Price Hires EMEA Solutions Strategist

T. Rowe Price Associates has named Michael Walsh as solutions strategist for Europe, the Middle East and Asia.

06.05.20
Multi-Asset/Investment Advisor
West Coast Agencies Issue Investment Advisor RFP

A pair of West Coast transportation agencies have issued an RFP for investment advisory services.

06.05.20