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Equities enjoy big rally with few shocks in 2013 but drama ahead
trueIt's been a wonderful year to be a stock investor. Not only is 2013 shaping up to deliver the best returns of the past 10 years, it's also offered one of the smoothest rides.
Louisiana Municipal Employees taps 2 for emerging markets equities
trueLouisiana Municipal Employees' Retirement System hired Dimensional Fund Advisors and Vontobel Asset Management to run about $25 million each in active emerging markets equities.
Mercer: Buyout vs. economic cost of pension funds at smallest margin in 2013
trueThe cost of purchasing annuities from an insurer decreased to 108.3% of the value of transferred liabilities in October from 108.9% the previous month, according to Mercer’s U.S. Pension Buyout Index.
Chicago Municipal Employees to add emerging markets equity managers
trueChicago Municipal Employees' Annuity & Benefit Trust Fund is searching for one or more emerging markets small-cap equity managers to run a total of $50 million to $100 million.
Reforms still needed to aid investors, CFA speakers say
trueStability is returning to global markets, but more decisive action still is needed by both regulators and the investment management industry to regain investor confidence.
Alaska Permanent selects 4 to run $100 million each, commits to Lazard
trueAlaska Permanent Fund Corp., Juneau, hired four managers to run $100 million each in emerging markets equity, confirmed spokeswoman Laura Achee.
Ohio Public Employees plans emerging markets equity searches
trueOhio Public Employees Retirement System will search in the first quarter of 2014 for active emerging markets equity managers to run up to $200 million.
Senate panel approves Yellen as Fed leader
trueJanet Yellen was approved by the Senate Banking Committee on Thursday to serve as chairwoman of the Federal Reserve for four years.
The case for emerging markets revisited
trueSince the beginning of May, global fixed-income markets have sold off aggressively. The 10-year Treasury yields have increased almost 100 basis points, triggered by concerns that an improving U.S. economy would cause the Fed to gradually raise interest rates. The immediate consequence of this shift ...
Transportation stocks point to improving U.S. economy
trueIt’s good to see that the U.S. economy continues to be an important source of strength for the global economy. Over the past few years, there has been a close correlation between the Commodity Research Bureau raw industrials spot price index and the S&P 500 Transportation index. Since the summer of ...
Ohio School Employees wants emerging markets equity manager
trueOhio School Employees Retirement System is searching for an active emerging markets equity manager to run about $75 million.
East Providence Police and Fire on lookout for emerging markets bond managers
trueEast Providence (R.I.) Police and Fire Retirement System is seeking proposals from emerging markets managers to run about $5 million.
Trends in home country bias among pension funds
trueAlthough the world economy and global financial markets have seen dramatic changes over the past 20 years, many U.S. institutional investors have been slow to adjust their portfolios to the new global reality. This report analyzes where the world stands in terms of globalization of financial ...
Louisiana Firefighters puts $63 million into emerging markets debt
trueLouisiana Firefighters' Retirement System hired Stone Harbor Investment Partners to run about $63 million in active emerging markets debt.
EBRI: More workers saving, but percentage in workplace retirement plans drops
trueWhile more people participated in workplace retirement plans in 2012, they made up a slightly lower percentage than the year before, according to a new analysis by the Employee Benefit Research Institute.