Apr 17, 2014 – Along with a hefty allocation to alternative asset classes this week, the $87.7 billion Ohio Public Employees’ Retirement System (OPERS) Board of Trustees also decided to award Aberdeen Asset Management with an $850 million emerging markets debt (EMD) account.
Apr 17, 2014 – One of Detroit's two pension boards approved a settlement with the city Wednesday that calls for dramatically lower pension cuts than originally proposed by the city earlier in its bankruptcy case.
Apr 17, 2014 – Both Fitch Ratings and Standard & Poor's say it will be a credit negative if Puerto Rico's government cannot find a way to address the deficit in the commonwealth's teachers' pension system.
Apr 17, 2014 – The $57 billion Massachusetts Pension Reserves Investment Management (PRIM) Board is currently accepting bids for real estate and timber consulting services.
Apr 16, 2014 – Detroit's police and fire retirees would not see their pensions cut under a settlement reached with the bankrupt city.
Apr 16, 2014 – INTECH Investment Management hired Adam Craig, a 21 year investment management and consulting veteran, to grow the global quantitative manager’s relationships with investment consultants.
Apr 16, 2014 – The St. Louis County Retirement Plan Board is currently exploring small-cap replacements for IronBridge Capital Management, according to recently published meeting minutes.
Apr 15, 2014 – Florida's pension plan for public employees faces new reform measures in the Legislature though it is considered well-funded by analysts compared with many other states.
Apr 15, 2014 – As promised, the Municipal Fire and Police Retirement System of Iowa (MFPRSI) decided last week to allocate more than $100 million to current managers in its private equity portfolio.
Apr 15, 2014 – Investment Committee members for the Education Employees’ Supplementary Retirement System of Fairfax County (ERFC) recently considered the termination of Turner Investments’ large-cap growth equity account due to organizational changes, IMMP has learned.
Apr 15, 2014 – The City of Manchester Employees’ Contributory Retirement System (MCERS) Board of Trustees recently signed Lexington Partners and Private Advisors to new private equity contracts, plan Executive Director Gerald Fleury confirmed.
Apr 14, 2014 – TIAA-CREF has agreed to buy Nuveen Investments from private equity firm Madison Dearborn Partners for approximately $6.25 billion.
Apr 14, 2014 – Puerto Rico's Supreme Court has declared unconstitutional the teachers' pension reform passed by the Puerto Rico government in December.
Apr 14, 2014 – Pension risks for state and local governments will continue to be higher than those for corporations, Moody's Investors Service said in a report.
Apr 11, 2014 – David Stein, an executive with Associated Banc-Corp, said to bring wealth of professional experience to position.