Executives at Calvert Investments have launched an investor favorite, an unconstrained bond fund.
BBB rated corporate credits may provide diversification, incrementally improved returns and other benefits to U.S. corporate defined benefit plans that typically invest in A and higher-rated securities in their liability driven investing (LDI) strategies, according to a white paper from Standish Mellon Asset Management Company.
Thomas Connell, pension plan administrator at the Aurora General Employees’ Retirement Plan, tells of the $400 million plan’s pursuit of a consulting firm that it will most likely start a contract with.
Retirement fund trustees at a $120 million Bay State fund have turned their attention to mid-caps, and both passive and active players are in their sights.
The director of the agency that manages New Jersey’s $80 billion pension fund confirmed that the state had sold its stake in a fund managed by a venture-capital firm with ties to a prominent Massachusetts Republican, months after the investment drew scrutiny over pay-to-play concerns. more…
Trustees at the Adams County Retirement Plan have agreed to rehire Watershed Investment Consultants, putting the Denver firm back into an investment advisory role at the $225 million fund.
LCG Associates, an institutional investment consulting firm, just tapped its next senior vice president based out of Atlanta.
Top U.S. pension fund Calpers is sticking with commodities, an asset class known for volatile markets and returns, despite finding hedge funds too costly to work with, a spokesman said. more…
A major New York State pension fund is “reviewing” whether it should follow California’s lead and pull out of its hedge fund investments. more…
10/01/14 •Another Unconstrained Bond Fund Hits the Market
9/25/14 •An EM Debt Fund from TIAA-CREF
9/25/14 •$225M Colorado Fund Reaches Consultant Decision
9/25/14 •Calpers sticks with commodities after dropping hedge funds
9/23/14 •New York Pension Ponders Fate of $5.6B Invested in HFs
9/18/14 •University of California to plan private equity stake sale
9/16/14 •CalPERS says goodbye to hedge-fund cost, complexity
9/15/14 •Georgia’s Invest-N-U Nabs Local Client
9/11/14 •R. V. Kuhns Wins Over WRS
9/10/14 •3 Foreign Bond Funds for Conservative Investors
8/29/14 •Private Equity Gets $4.5 billion from CalPERS in FY 2014
8/26/14 •$11M Police Pension Gives First Consultant Contract to Wall & Associates
8/22/14 •Consultant BB&T Corp. Nabs Client in Georgia
8/20/14 •New York State Teachers’ loses private equity co-manager
8/18/14 •Weitz Presents a ‘Core Plus’ Income Fund
8/13/14 •Consultant LP Capital Advisors Signs Deal with Pavilion Financial
8/13/14 •New ProShares ETFs Focus on Credit of Junk Bond Issuers
8/12/14 •No Free Lunch with Ultra-Short-Term Bond ETFs
8/05/14 •Pennsylvania Turnpike Issues Hedge Fund of Funds Mandate
8/04/14 •Small-Cap Firm Gets Contract with Okla. Fund