The nearly $2 billion City of Cincinnati Retirement System (CRS) could see some new faces on its Board of Trustees come October. Following the passage of a new City ordinance, Roxanne Qualls, vice mayor and newly appointed ...
The Chairman of the New Mexico Educational Retirement Board (NMERB) has resigned from his position, effective immediately. In a statement on the NMERB Web site, the plan notes that Bruce Malott has left the seven-member board. In the interim ...
In a deal that will more than double its assets under management, Scout Investment Advisors, a Kansas City, Mo., unit of UMB Financial, announced Thursday it signed a definitive agreement to buy Reams Asset Management ...
After roughly a month of deliberation, Hewitt Associates said Thursday that its acquisition of investment consultant powerhouse Ennis Knupp + Associates has been approved. The new entity, which will assume the name of Hewitt EnnisKnupp ...
Current concern surrounding placement agent activity and its ties to state pension funds investment contracts seems to have fueled the passage of California Assemblyman Ed Hernandezs (D-West Covina) February legislation. At the start of the ...
A new internal audit report released yesterday claims that the Kentucky Retirement Systems (KRS) paid nearly $13 million to placement agents in order to secure attractive investment deals with the plan over the course of the last six years. The Placement ...
The vendor and consumer relationship and its ties to fee bartering can be traced back to our forefathers. However, for many, recent examples exhibited through the investment manager/plan sponsor relationship may conjure up ...
The Kern County Employees Retirement Association (KCERA) is searching for an industry professional to fill the newly created role of investment officer at the plan. The investment officer will report directly to Executive Director Anne ...
It's been a white-knuckled roller-coaster ride for hedge funds and their investors so far this yeargains won in the first quarter were surrendered in the second. The relatively poor performance is likely a concern for the fund ...
Over the past year, the Illinois State Board of Investment (ISBI) has been gladly situated at its modeled benchmark and anticipates troubled asset classes to rise as 2010 progresses, Executive Director William Atwood told IMW today. In ...