Administration

Administration | July 26th, 2010

Knight Capital Group to Acquire Astor Asset Management

July 26, 2010 (PLANSPONSOR.com) - Knight Capital Group, Inc. announced that it has agreed to acquire Astor Asset Management, LLC, a money management firm specializing in macro-economic strategy...

Administration | July 26th, 2010

T. Rowe Expands Australian Footprint

July 26, 2010 (PLANSPONSOR.com) - T. Rowe Price is adding equity investment management and research capabilities “down under”.

Administration | July 26th, 2010

Miller Demands PBGC Auditor Probe

July 26, 2010 (PLANSPONSOR.com) – A key U.S. House lawmaker has demanded that the Pension Benefit Guaranty Corporation (PBGC) get to the bottom of allegations an auditing contractor...

Administration | July 24th, 2010

Principal Real Estate Fund Queues Up Another Payment

July 24, 2010 (PLANSPONSOR.com) – Principal’s frozen real estate fund has made another payment.

Administration | July 23rd, 2010

“Side Deal” Snags Prison Term for Utah Pension Analyst

July 23, 2010 (PLANSPONSOR.com) - A former Utah Retirement Systems employee has been sentenced to a year in jail for trying to set up a...

Administration | July 23rd, 2010

Aon: Pension Relief Impact Varies

July 23, 2010 (PLANSPONSOR.com) – A recent report by Aon Consulting suggests that defined benefit plans will be impacted in different ways by recent pension...

Administration | July 23rd, 2010

AARP to Liquidate Mutual Funds

July 23, 2010 (PLANSPONSOR.com) - AARP said it will liquidate its lineup of stock and bond funds.

Administration | July 22nd, 2010

NY State Fund Sues BofA, Merrill

July 22, 2010 (PLANSPONSOR.com) – New York state Comptroller Thomas DiNapoli has filed separate suits against Bank of America (BofA) and its Merrill Lynch unit for losses connected...

Administration | July 22nd, 2010

Canadian Pension Assets Decline in Q2 2010

July 22, 2010 (PLANSPONSOR.com) - Faltering global equity markets contributed to a decline in pension assets in the June quarter, according to a survey by RBC Dexia Investor...

Administration | July 22nd, 2010

NYC Pensions Take Hedge Fund Plunge

July 22, 2010 (PLANSPONSOR.com) – For the first time, New York City Comptroller John C. Liu has released a request for proposal (RFP) to find a hedge...

Administration | July 22nd, 2010

Pension Plans Pursue Lead Plaintiff Status in BP Shareholder Suit

July 22, 2010 (PLANSPONSOR.com) - Public pension funds of New York and Ohio announced they will seek lead plaintiff status on behalf of investors in a securities class...

Administration | July 21st, 2010

Annual Meeting Season Generally Quiet for 2010

July 21, 2010 (PLANSPONSOR.com) – A report from BNY Mellon Shareowner Services, the equity administration business of BNY Mellon, said the 2010 annual meeting season was highlighted...