First Albany Picks Up Bond Arbitrage Manager
December 31, 2002 (PLANSPONSOR.com) - First Albany Asset Management Corporation has acquired a Chicago-area convertible bond arbitrage asset management group, First Albany announced.
Administration
Companies Increasingly Pleased with Cash Management Providers
December 7, 2004 (PLANSPONSOR.com) - US companies increasingly believe that their cash management providers are offering above-quality service, a recent survey shows.
UAL Stock Still "Grounded"
December 31, 2002 (PLANSPONSOR.com) - Holders with large positions in stock in UAL Corp, parent of United Airlines, will have to wait for a final decision on the...
State Street Transfers New Mexico 529 Plan as part of 529 Exit Strategy
December 7, 2004 (PLANSPONSOR.com) - State Street Corporation has agreed to assign its New Mexico 529 college savings program management business to two of its distribution partners jointly.
FASB Amends FAS 123
December 31, 2002 (PLANSPONSOR.com) - The Financial Accounting Standards Board (FASB) has published an amendment to FASB Statement 123, the current regulation governing stock option accounting.
Federal-Mogul Withdraws Offer to Fund UK Subsidiary's Pension Scheme
December 7, 2004 (PLANSPONSOR.com) - Federal-Mogul, the bankrupt US automotive parts company, has withdrawn its offer to continue the pension scheme for its United Kingdom subsidiary, Turner &...
SEI Recommends FAS 87 2004 Disclosures
December 7, 2004 (PLANSPONSOR.com) - Defined benefit plan sponsors will likely end up using a discount rate of between 5.75% and 6.25% for their 2004 disclosures required by...
CalPERS Settles Private Equity Data Release Lawsuit
December 7, 2004 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, said Tuesday it would publicly reveal management fees and other...
Defendants in PA County Pension Battle Ask For Suit Dismissal
December 19, 2003 (PLANSPONSOR.com) - Four current or ex-members of a Pennsylvania county retirement panel who have been hit with a lawsuit by fellow commissioners have asked a...
Janus Paying $31.5 Million For Market-Timing Activities
December 19, 2003 (PLANSPONSOR.com) - Janus Capital Group Inc. has agreed to pay the market-timing piper to the tune of $31.5 million.
Some Investors Prefer a Dentist's Drill Over An Advisor Visit
December 19, 2003 (PLANSPONSOR.com) - No one could ever accuse many investors of being overly funded of financial advisors.
Report: Deutsche Peddling its Global Real Estate PE Fund
December 19, 2003 (PLANSPONSOR.com) - A deal is reported to be near for Deutsche Bank to sell off its global real estate private equity fund to an investor...
Putnam Lovell, Derivatives Portfolio Management Partner Up
December 19, 2003 (PLANSPONSOR.com) - Putnam Lovell NBF Securities Inc and Derivatives Portfolio Management, LLC (DPM) have announced a new strategic partnership.
US Steel Bids for Rouge Steel Assets
December 19, 2003 (PLANSPONSOR.com) - Just as the nation's private pension insurer announced its intention to seize Rouge Steel pension plans covering 5,400 workers and retirees, a second...
Ohio to Join Putnam Suit for 529 Plan
December 19, 2003 (PLANSPONSOR.com) - The Ohio Tuition Trust Authority, which uses Putnam Investments as manager for the state's CollegeAdvantage 529 plan, will join an existing class action...
Great-West Seals Federated Retirement Business Deal
November 19, 2003 (PLANSPONSOR.com) - Great-West Retirement Services has completed its acquisition of Federated Insurance's group retirement business.
Putnam Excuses Two More Fund Managers
November 19, 2003 (PLANSPONSOR.com) - A fixed-income and small- and mid-cap equities investment manager are the latest mutual fund managers to leave embattled Putnam Investments.
NC Treasurer Demanding Disclosure For Funds in State Retirement Plans
November 19, 2003 (PLANSPONSOR.com) - North Carolina's treasurer said he would insist that mutual funds and others handling the state's $58 billion in retirement money provide better disclosure...
Ex-CEO Takes Stand in PeopleSoft/Oracle Trial, Defends Defensive Tactics
October 7, 2004 (PLANSPONSOR.com) - Ousted PeopleSoft CEO Craig Conway is defending his and PeopleSoft's defensive tactics in response to a hostile bid by Oracle Corporation.
United Pension Payment Decision on the Horizon
October 7, 2004 (PLANSPONSOR.com) - A decision about the fate of United Airlines' pension plans should be made within two months, the air carrier told employees this week.