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Devon County Council Pension Fund seeks smart beta manager
trueDevon County Council Pension Fund, Exeter, England, is looking for a manager to run a smart beta allocation, according to an announcement on European procurement website Tenders Electronic Daily.
Q3 net dividend increases up 3.7% from a year ago
trueNet dividend increases for U.S. stocks rose $12.3 billion in the third quarter - a 3.7% increase from a year ago, according to data released Tuesday by S&P Dow Jones Indices.
Old Mutual Global Investors adds fund manager
trueIan Ormiston joined Old Mutual Global Investors as a fund manager in the U.K. and European equities team, a spokeswoman said.
Panel offers differing views on governance with public technology companies
trueAn asset owner, money manager and academic faced off in a panel discussion at the Council of Institutional Investors conference in Los Angeles expressing widely different views on the degree of toughness investors should bring to bear to demand better corporate governance at technology companies ...
Norfolk County Retirement System seeks midcap value equity manager
trueNorfolk County Retirement System is searching for an active domestic midcap value equity manager to run about $17.5 million.
Ohio State Teachers picks 2 to manage $800 million in international equity
trueOhio State Teachers’ Retirement System hired Lazard Asset Management and Wellington Management Co. to run $400 million each in active international equities.
Oregon Investment Council sets $2 billion for Dimensional
trueOregon Investment Council which runs the $68.2 billion Oregon Public Employees Retirement Fund, invested $2 billion with Dimensional Fund Advisors for a domestic large-cap core equity allocation.
Oklahoma Municipal eyes international, emerging markets equity hires
trueOklahoma Municipal Retirement Fund, Oklahoma City, is expected to hire two active international equities managers at its Oct. 31 board meeting.
Holyoke Contributory hires 3 to run domestic large-cap equities
trueHolyoke (Mass.) Contributory Retirement System named three firms to manage a total of about $22 million in active, diversified domestic large-cap value equities.
Chicago Metropolitan Water fund ready for asset allocation study
trueChicago Metropolitan Water Reclamation District Retirement Fund will hear results of an asset allocation study at its Oct. 22 board meeting.
Tick-size pilot program could help small caps
trueThe SEC's proposed tick-size pilot program targeting small-cap stocks should lead to improved access to capital for small companies, sources say, but whether that translates to higher returns for institutional small-cap investors is less clear.
U.S. vs. European equity performance
trueDespite losing seven of the last nine Ryder Cups going back to 1995, U.S. fans can take some solace in the fact their equity markets have outperformed European counterparts over the last decade and a half.
Iowa PERS taps SSgA to manage $300 million in passive REITs
trueIowa Public Employees’ Retirement System hired State Street Global Advisors to manage $300 million in a passive REITs strategy, pending negotiations.
S&P 500 Q2 buybacks fall more than 27% from prior quarter
trueSecond-quarter S&P 500 buybacks decreased 27.1% compared to the prior quarter, and fell 1.6% vs. to the second quarter of 2013, S&P Dow Jones Indices said in a research note Tuesday.
Cook County Annuity & Benefit puts REIT hire on hold
trueCook County Annuity & Benefit Fund’s investment committee on Tuesday took no action on a recommendation by investment consultant Callan Associates to hire Adelante Capital Management to run up to $100 million in its total return U.S. REIT strategy.