Extensive and timely coverage of the institutional industry.
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.
Michael Kennedy, chairman of the $612 billion Federal Retirement Thrift Investment Board, has resigned his post to pursue another opportunity, effective June 30.
A Supreme Court decision this week may have essentially put an end to lawsuits that allege corporate pension plans are being mismanaged.
A Midwestern state police pension fund agreed to a contract with an interim executive director at today’s meeting.
T. Rowe Price Associates has named Michael Walsh as solutions strategist for Europe, the Middle East and Asia.
A pair of West Coast transportation agencies have issued an RFP for investment advisory services.
Verus hired Ted Hermann as a managing director for its newly established Pittsburgh office.
Borrowing costs for the world’s least creditworthy countries have dropped sharply, though remain elevated.
Michael Lawton joined BlackRock Private Capital Markets as a managing director on June 1.
A Midwestern pension plan hired an active international equity manager to replace a passive mandate earlier in the quarter.