News

Extensive and timely coverage of the institutional industry.

In The News
Pension Fund Sues Facebook Over Timing Of Stock Buybacks

Lawsuit questions whether buybacks were designed to boost stock sales by Mark Zuckerberg and other insiders.

06.29.20
In The News
Institutional Investors Turning To China

Investors have been reassessing their approach to investing in Chinese equities, according to a new report, which has shown a shift toward products specific to the region.

06.29.20
Large-Cap
Southern Plan Conducting Large-Cap Core Search

A Southern pension fund will conduct a domestic large-cap core equity search due to the closure of its existing manager.

06.29.20
Asset Study/Review
Southwest Plan Adopts New Asset Allocation

A Southwestern pension plan adopted a new asset allocation.

06.29.20
Non-U.S. & Global Equity
Great Lakes Plan Taps Int’l Growth Manager

A Great Lakes pension plan hired an international growth equity manager as part of an ongoing structure review.

06.29.20
Multi-Asset/Investment Advisor
Oregon City Rehires Investment Manager

An Oregon city rehired its investment manager following an RFP process.

06.29.20
Real Estate
Northeast Plan Axes Commodities, Real Estate Funds

A Northeastern pension plan voted to terminate its real estate and commodities managers at a meeting last week.

06.29.20
People Moves
Aberdeen Loses Head Of Multi-Manager Strategies

Bambos Hambi, head of multi-manager strategies at Aberdeen Standard Investments, is leaving the firm in October to join Quilter.

06.29.20
COVID-19 News
Ongoing: Most Pension Funds Reporting Double Digit Q1 Losses

Pension funds across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic ravaged the markets.

06.29.20
In The News
‘Flying Blind Into a Credit Storm’: Widespread Deferrals Mean Banks Can’t Tell Who’s Creditworthy

Banks have pulled back sharply on lending to U.S. consumers during the coronavirus crisis. One reason: They can’t tell who is creditworthy anymore.

06.29.20