News

Extensive and timely coverage of the institutional industry.

Industry News
Assured Guaranty To Acquire BlueMountain

Assured Guaranty U.S. Holdings Inc. has entered into an agreement to acquire global credit alternatives manager BlueMountain Capital Management for approximately $160 million.

08.08.19
Domestic Equity Small-Cap Fixed-Income
East Coast OPEB Dips Toes in Emerging Markets Equity, Global Fixed-Income

An OPEB Trust located on the East Coast made maiden investments in emerging markets equity and global fixed-income.

08.08.19
Alternatives
New England Plan Nears Bank Loan Hires; Concludes Infrastructure Search

A pension fund in New England has selected finalists in its bank loan manager search and concluded its search for infrastructure managers.

08.08.19
People Moves
Conn. Plan Seeking Deputy CIO
The $35 billion State of Connecticut Retirement Plans & Trust Funds has begun a search for a new
08.08.19
Industry News
Southwest Plan Hires Search Firm To Find CIO

A Southwest pension plan will conduct a search for a new cio following last month’s hire of an executive search firm.

08.08.19
Real Estate
Southern Plan Hires RE Mgr.; To Raise Target

A Southern pension plan approved the addition of a second real estate manager and is slated to increase its target to the asset class to accommodate it.

08.08.19
People Moves
HSBC Global Asset Mgmt. Names New CEO

Nicolas Moreau will become ceo of HSBC Global Asset Management in September.

08.08.19
In The News
Emerging-Market Stocks Correct Sharply As Trade Battle Flares

The MSCI Emerging Markets Index is down 11% from its recent highs, putting it in correction territory.

08.08.19
In The News
Hedge Fund Investor Jeffrey Tarrant Dies

Tarrant, the founder of Protege Partners, died of a brain tumor, Reuters reports.

08.08.19
Surveys/Studies
Performance Leading Community Foundations To Shift From Alternatives, Reduce Spending: Survey

Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.

08.08.19