The Council of institutional Investors has tapped Deputy Director Amy Borrus to succeed Ken Bertsch as executive director when he retires in August 2020, the organization announced.
Arrowgrass Capital Partners, the hedge fund started by a group of former Deutsche Bank AG traders, plans to shut after getting hit with a fresh round of investor redemptions.
NASRA says since 2009, more than 35 states increased required employee contribution rates, and more states maintain plans in which the employee contribution rate may change, depending on the pension plan’s actuarial condition or other factors.