Watch breaking news videos and read news updates about Equities on pionline.com
Louisiana Teachers selects WEDGE Capital for midcap equities, commits to 2 energy funds
trueLouisiana Teachers’ Retirement System hired WEDGE Capital Management to run $315 million in active domestic midcap value equities.
Woburn Retirement seeking high-yield bond, U.S. large-cap core equity managers
trueWoburn (Mass.) Retirement System is searching for a high-yield bond manager to run up to $6.5 million and a passive U.S. large-cap core equity manager to run about $11.6 million for the $130 million pension fund.
Getting smart on smart beta
trueAs smart beta continues to gain momentum, particularly in the institutional market, now is the time for investors to get smart on smart beta.
Mercer: U.S. fixed-income searches on the rise; equities continue decline
trueU.S. fixed income was the most popular asset allocation search by investors across the globe in 2014, while demand for equities managers continued to dwindle, said a new report from Mercer.
St. Louis Employees scouting for small-cap growth equity manager
trueSt. Louis Employees’ Retirement System is searching for an active domestic small-cap growth equity manager to run $20 million.
Dark pool for bonds might depend on equity success
trueThe recent launch by eight large U.S. money managers of an equity dark pool has some wondering if something similar could be built by the buy side for fixed-income trading.
Church of England divests from thermal coal, tar sands companies
trueThe Church Commissioners and The Church of England Pensions Board, London, will divest £12 million ($17.9 million) of exposure to thermal coal and tar sands.
Denmark's ATP returns 6% in first quarter on Danish equity gains
trueATP, Hilleroed, Denmark, returned 6% in the first quarter of 2015, boosted by record returns on Danish equities, the pension fund announced Thursday.
Top pension fund holders of Salesforce.com
trueA report Wednesday that Salesforce.com has hired financial advisers to help “field takeover offers” after being approached by a potential buyer sent the stock soaring nearly 20%. Trading in the stock was halted briefly for volatility.
Sterling-, euro-denominated U.S. equity funds struggle to top S&P 500 index
trueActive money managers find it tough to outperform benchmarks when it comes to sterling-denominated equity strategies investing in the U.S., emerging markets and international equities.
SSgA: Investors continue to pour money into equities despite market correction concerns
trueFunding pressures are pushing institutional investors to allocate increasing chunks of their portfolios to developed markets and emerging markets equities, despite expectations of a market correction in the near term.
Twitter stock drops 18.2% on leaked earnings release
trueTwitter Inc. saw its stock price drop 18.2% on Tuesday after its first-quarter earnings release leaked.
Denver, San Francisco see highest gains in home prices
trueThe S&P/Case-Shiller 10-City Composite Home Price index rose 4.8% for the one-year period through February. The broader 20-city index rose 5%, and the national home price index – which covers all nine U.S. census divisions – had a 4.2% annual gain through February.
Ohio Public Employees taps NewSouth Capital for midcap equities
trueOhio Public Employees Retirement System hired NewSouth Capital Management to run $300 million in active domestic midcap equities.
Aberdeen's China A shares fund is off to a late start
trueAberdeen Asset Management launched its first China A shares fund for institutional investors last month, arguably a less than ideal moment for a deep value manager.