Top Stories

thumbnail

May 17, 2012 - Levi Davis

SFERS Targets $400 Million In Non-Core RE

The $15.6 billion San Francisco Employees’ Retirement System approved a real estate investment plan for the 2012/2013 fiscal year at its May 9 meeting, Lindsey Adams, senior portfolio manager for the fund, confirmed. The plan includes a recommendation to allocate up to $400 million to non-core investments.

Read More

thumbnail

May 16, 2012 - Levi Davis

N.Y./N.J. Port Authority Seeks OPEB Investment Advisor

The Port Authority of New York & New Jersey issued a request for proposals for providers of investment management services for its other post-employment benefits (OPEB) trust. The OPEB has approximately $429 million in assets, according to a spokesman.

Read More

thumbnail

May 15, 2012 - Carl Winfield

San Diego Targets Bank Loan Investments

The approximately $5.3 billion San Diego City Employees Retirement System will consider pursuing investments in bank loans at its May 17 meeting, according to documents obtained from its consultant, Chicago-based Hewitt EnnisKnupp.

Read More

thumbnail

May 14, 2012 - Levi Davis

Ariz. To Discuss New Allocation; Could Move $5B Around

The $28.2 billion Arizona State Retirement System (ASRS) is set to consider a new asset allocation at its May 18 meeting, potentially shifting $5 billion from U.S. equity and core fixed income to new assets, according to fund documents. The new allocation, which was constructed with the assistance of consultants Allan Martin and Tim McCusker of NEPC, with input from the ASRS’ investment committee, aims to increase diversification, increase returns in a low-return environment, maintain significant liquidity, remain fee and cost conscious and increase allocations to passive strategies.

Read More

thumbnail

May 11, 2012 - Levi Davis

Ship Builder Sinks Alts Investments

Newport News, Va.-based Huntington Ingalls Industries slashed its alternative investments to roughly 4.6% of its defined benefit funds’ investments as of Dec. 31, 2011, from 20.5% in 2010, according to its 10-K report, which was filed on March 29.

Read More

thumbnail

May 11, 2012

DOL: No Extensions For 408(b)(2) Disclosures

The Department of Labor last week decreed that there will be no further extensions to its fee disclosure deadline.

Read More

Current

  • Search & Hire Directory

    The Money Management Intelligence Search & Hire Directory provides access to the iiSEARCHES database of institutional sales leads on investment manager and consultant searches being conducted by North American plan sponsors that are critical for winning business.

    The Search & Hire Directory reflects the status of searches & hires recorded by iiSEARCHES in the two weeks preceding the posted date. Search and sort for potential, new, updated and completed mandates by date, fund & city, AUM, plan type, assignment region, asset class/service and account size. For your convenience, you may save the specific search criteria that you select for use at another time.

    For more updated information, plus access to RFPs, plan sponsor and consultant contacts, dynamic search tracking and more, please visit iisearches.com. To report manager hires and new searches, email iiSEARCHES Data Editor Louis Pope at lpope@iiintelligence.com or call +1-212-224-3211.

From around the web

  • The Hartford

    The Hartford Appoints New Chief Investment Officer

    The Hartford Financial Services Group, has promoted Brion Johnson to the position of chief investment officer of The Hartford and president of Hartford Investment Management Company, and Martha Gervasi to the position of executive vice president of Human Resources. Both executives report to the company’s Chairman, President and CEO Liam McGee.
  • Reuters

    Chesapeake 401(k) Participants Hurt By Company Stock

    Workers are Chesapeake Energy have taken a hit to their 401(k)s, as 38% of the plan was composed of Chesapeake stock, far more than the 10% many consultants advise, Reuters reported.
  • NPR

    Ford Retirees Face Mortality Question

    White-collar Ford retirees will soon have to decide if they will take a lump-sum payout or continue receiving their pensions, NPR reported.
  • Pensions & Investments

    Oklahoma Police Terminates Attalus, Pause Search

    The $1.8 billion Oklahoma Police Pension and Retirement System has dropped hedge-fund-of-funds manager Attalus Capital, reports Pensions & Investments.
  • Kansas City Star

    Kansas Legislature Approves Pension Changes

    In an effort to strengthen the health of the Kansas Public Employees Retirements System, officials have approved a measure that would allow future revenue from three of Kansas’ state owned casinos to pay for retirement benefits, reports the Kansas City Star.
  • Reuters

    CalPERS Launches $500M High-tech Real Estate Fund

    The $235 billion California Public Employees' Retirement System said Wednesday it is launching a $500 million real estate fund with GI Partners to invest in U.S. technology industry properties, Reuters reports.
  • The Wall Street Journal

    New York Pension Fund Urges Vote Against Chesapeake Directors

    The City of New York Office of the Comptroller, which represents New York pension funds that own 1.9 million shares of Chesapeake Energy Corp., is calling on shareholders to vote against two board members, the Wall Street Journal reports.
  • Many Americans Not Contributing to 401(k)s

    Fifty-six percent of Americans 18-34 have chosen to forgo contributions to their retirement fund, Employee Benefit News reported.
  • Sponsors Look To Annuities For Retirement Security

    Companies are increasingly looking to add annuities to their 401(k) pensions to safeguard against retirees outliving their savings, Time reported.

Already Registered? Log in below