Articles and Videos on Investment Outsourcing
George Washington University looking to outsource endowment investments
trueGeorge Washington University, Washington, is looking for an outside firm to manage its $1.4 billion endowment.
Chatham Partners survey: DB plans open to bundling, if convinced of benefits
trueBundled defined benefit and total retirement outsourcing opportunities remain a strategically viable market for service providers over the next five years, provided plan sponsors are properly briefed on the advantages, according to a Chatham Partners survey.
Brakes Group taps Cardano as fiduciary manager
trueBrakes Group, Kent, England, chose Cardano as fiduciary manager for its £170 million ($283.5 million) final salary pension scheme.
Rothesay Life buys out MetLife's U.K. bulk annuity business
trueRothesay Life agreed to acquire MetLife's U.K. bulk annuity pension buyout business.
Fed picks up the pace of tapering
trueMembers of the Federal Open Market Committee meeting Wednesday decided unanimously to continue slowing the Fed's bond-buying program known as quantitative easing in February, dropping monthly purchases to $65 billion from $75 billion in January.
Maryland Teachers & State Employees Supplemental hires Galliard for stable value
trueMaryland Teachers & State Employees Supplemental Retirement Plans hired Galliard Capital Management as its stable value manager.
Royal Shakespeare Theatre Pension Scheme picks P-Solve as fiduciary manager
trueRoyal Shakespeare Theatre Pension Scheme, Stratford-upon-Avon, Warwickshire, England, hired P-Solve as fiduciary investment manager.
Allegheny County Port Authority nets Peirce Park for outsourced CIO
trueAllegheny County Port Authority hired Peirce Park Group to provide outsourced CIO services.
Arizona Public Safety fund needs to change valuation on Desert Troon portfolio — auditor general
trueArizona Public Safety Personnel Retirement System, Phoenix, needs to change its method of valuing its portfolio with real estate manager Desert Troon Cos. to reflect market assumptions, a report by the Arizona auditor general concludes.
Disciplina Group adds managing director from Vandy endowment
trueAlena Kuprevich was named managing director at outsourced CIO firm Disciplina Group, according to a news release.
Minot, N.D., picks Bremer Investment as outsourced CIO
trueMinot, N.D., rehired Bremer Investment Management & Trust as outsourced CIO for its pension fund.
Maryland county plan looking for discretionary investment manager
trueWashington County Employees Retirement Plan, Hagerstown, Md., is searching for a discretionary investment manager to run the entire portfolio, confirmed Debra Murray, finance director for the county.
Tucson Supplemental conducting asset-liability study
trueTucson (Ariz.) Supplemental Retirement System is conducting an asset-liability study, said Allan Bentkowski, investment manager of the $650 million pension fund.
Sharpsburg Police goes with C.S. McKee
trueSharpsburg (Pa.) Police Pension Plan hired C.S. McKee as investment adviser of its $1.3 million defined benefit plan.
MF Global U.K. Pension Fund completes pension buyout
trueMF Global U.K. Pension Fund, London, entered into a £52 million ($84 million) pension annuity buyout contract with Pension Insurance Corp.