Administration

Administration | December 3rd, 2010

Cerulli: Global Emerging Market Funds to Double by 2014

December 3, 2010 (PLANSPONSOR.com) - According to Cerulli's latest research, assets under management in global emerging market funds domiciled in Europe now sit at roughly €390 billion (US$476 billion).

Administration | December 3rd, 2010

CalSTRS Lowers Actuarial Assumptions

December 3, 2010 (PLANSPONSOR.com) – The nation’s second-largest public pension plan has lowered the return assumptions for pension plan.

Administration | December 2nd, 2010

Pension Funding Levels See Uptick in November

December 2, 2010 (PLANSPONSOR.com) – Though pension funding levels improved in November, they have not recovered to year-end 2009 levels, implying a potential December 31 hit to corporate...

Administration | December 2nd, 2010

GM Makes $4 Billion Pension Contribution

December 2, 2010 (PLANSPONSOR.com) - General Motors Company has made the previously announced voluntary $4 billion cash contribution to its United States hourly and salaried...

Administration | December 1st, 2010

LDI Adoption Steady, Definition "Fluid"

December 1, 2010 (PLANSPONSOR.com) - An SEI Global Quick Poll released last month shows that the number of pension plans adopting liability driven investing (LDI)...

Administration | December 1st, 2010

Report Says SEC Suit against BofA Omitted Significant Violations

December 1, 2010 (PLANSPONSOR.com) - A report by the office of Securities and Exchange Commission (SEC) Inspector General David Kotz concludes that in its hurry to bring suit...

Administration | November 29th, 2010

Holder Confirms Government’s Insider Trading Probe

November 29, 2010 (PLANSPONSOR.com) – U.S. Attorney General Eric Holder confirmed Monday that the Justice Department is conducting a criminal investigation related to trading on Wall Street.

Administration | November 24th, 2010

Ohio Highway Patrol Posts RFP

November 24, 2010 (PLANSPONSOR.com) - The Highway Patrol Retirement System of Ohio has issued a request for proposal (RFP).

Administration | November 24th, 2010

SEC, Former Comverse CEO Settle Back-Dating Charges

November 24, 2010 (PLANSPONSOR.com) - The Securities and Exchange Commission has announced that Comverse Technology, Inc. co-founder Jacob "Kobi" Alexander has agreed to a settlement...

Administration | November 24th, 2010

IASB, FASB Reach Tentative Agreements on IAS 19

November 24, 2010 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have come to some tentative agreements regarding...

Administration | November 24th, 2010

Asset Firm Sales Managers Juggle Competing Interests

November 24, 2010 (PLANSPONSOR.com) – It’s tough being a sales manager at an asset management firm these days, according to a new Cerulli Associates report.

Administration | November 24th, 2010

Raided Hedge Funds Have MA State Pension Assets

November 24, 2010 (PLANSPONSOR.com) - The Massachusetts state pension fund has $65.6 million invested in two Connecticut hedge funds that were raided by the FBI.

Administration | November 22nd, 2010

Morris Enters Pay to Play Guilty Plea

November 22 2010 (PLANSPONSOR.com) – A once well-known New York political consultant who stood accused of a key role in a pay-to-play scandal involving the state’s pension fund...

Administration | November 19th, 2010

KY Counties, Cities to Pay More into Pensions

November 19, 2010 (PLANSPONSOR.com) - The Kentucky Retirement Systems Board of Trustees announced increases to next fiscal year's contribution rates into the County Employees Retirement System (CERS).

Administration | November 18th, 2010

Cuomo Seeks $26M from Rattner in NY Pay-to-Play Scandal

November 18, 2010 (PLANSPONSOR.com) – New York state Attorney General Andrew Cuomo filed two suits against the former founder of the private equity group Quadrangle Group in connection...

Administration | November 18th, 2010

CalPERS Adds Contractor Disclosure Rules

November 18, 2010 (PLANSPONSOR.com) –The California Public Employees’ Retirement System (CalPERS) will now require contractors to disclose whether they’re using an agent to seek business with the fund.

Administration | November 18th, 2010

Are You Due for a Provider Check-up?

November 18, 2010 (PLANSPONSOR.com) - Asked how often they formally evaluated their DC provider, larger programs were again this year noticeably less likely to say...

Administration | November 16th, 2010

NYC Funds Concerned about Foreclosure Handlings

November 16, 2010 (PLANSPONSOR.com) - The trustees of New York City's government pension funds have asked the directors of four major banks to play a bigger role in...

Administration | November 16th, 2010

Hiring and Compensation in Asset Manager Space on the Uptick

November 16, 2010 (PLANSPONSOR.com) - After two years of contraction, hiring in the asset and wealth management industry rebounded in 2010, and compensation is set to show modest...

Administration | November 16th, 2010

A Public GM Gets a Wilshire 5000 Slot

November 16, 2010 (PLANSPONSOR.com) – If General Motors completes its initial public offering on or before, November 19, 2010, it will be added to the Wilshire 5000 Total...