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January 12, 2010

Past Issues

General News

San Bernardino Terminates Bond Account

A key personnel change at Lord, Abbett & Co. has prompted one of its clients to pull assets from the manager. Nicole Dailey, spokeswoman for the San Bernardino County Employees’ Retirement Association (SBCERA), confirmed via e-mail ...

Industry At A Glance

Massachusetts Plan Contests Alcon Buyout

The $95 million Massachusetts Bricklayers and Mason Trust Funds filed suit in New York district court last week against Alcon, Novartis and Nestlé for a “new-pending offer” that allegedly discriminates against minority shareholders. The proposed ...

Polaris Capital Enhances Analyst Team

Eleanor Marsh has joined Polaris Capital Management where she has been given the task of focusing on global and international equities in her role as a research analyst, the Boston-based firm said today. In a Jan. 12 press release, ...

Class Action Suit Targets New Mexico Fund, Manager

A class action suit filed in a Santa Fe, N.M. District Court last week alleges that the New Mexico Educational Retirement Board’s (NMERB) and its numerous fund advisors, took part in a lofty “pay-to-play” scheme that claimed more than ...

Indiana Replaces Deputy Treasurer

After just a year in the Indiana State Treasury’s management division, Steve Midkiff, state deputy treasurer and portfolio manager, has called it quits. In a statement today, state Treasurer Richard Mourdock announced Midkiff’s ...