Michael Giardina

Benjamin Gong and David Ferguson have joined the nearly $35 billion Maryland State Retirement and Pension System (SPRS) as senior investment analysts, Michael Golden, director of external affairs, told IMW.

Lyxor Asset Management named Fabian Pavlowsky as head of quantitative strategies within the Societe Generale subsidiary’s Hedge Fund Research team based in New York.

The Swiss financial services company will pay $425 million for a minority stake in the New York hedge fund manager.

While fees and transparency are still topics of concern for institutional investors, a new study claims that there has been shift in uneasiness toward the alternatives vehicle, with many enlisting some of their trust back into hedge funds.

Old Mutual Asset Management CEO Tom Turpin has decided to leave the Boston-based money manager to pursue other opportunities, according to a Friday announcement.

Thanks to record low Aa corporate discount bond rates and declines in domestic and international stocks, U.S. corporate pension plans saw their funding status dip more than 5.6% to 71.3% in August, BNY Mellon Asset Management said.

Dearborn Partners said Wednesday that it has completed its acquisition of fellow Chicago-based firm Third River Capital Management...

Whether you were in the U.S., Canada or Europe during the financial meltdown, the economic effects were felt by every investor class, which in turn, is now forcing many to find alternative means to curb risk and diversify their investment portfolios.

PineBridge Investments has appointed E. Mervyn Davies, the United Kingdom’s previous minister of state for trade, investment and small business, as a new non-executive chairman at the New York-based money management firm.

Integrated Asset Management Corp. announced Tuesday that it has officially launched River Plate House Capital Management, a new firm that will be “ideal” for pension funds as they revise their investment strategies.

After roughly a month of deliberation, Hewitt Associates said Thursday that its acquisition of investment consultant powerhouse Ennis Knupp + Associates has been approved.

A New York Federal District Court has “substantially denied” Bank of America Merrill Lynch’s motions to dismiss a September 2009 case filed by Ohio Attorney General Richard Cordray on behalf of five pension funds.

Eric Hanson, a 27-year Lazard veteran, has been added to help prop up and expand corporate advisory capabilities for Macqaurie Capital Advisors’ Financial Institutions Group, the firm said Tuesday.

Glovista Investments growth strategy, executive moves at Citi Private Bank in Florida, plus more changes for the week of Aug. 23.

While low interest rates have been a “boon” to corporate borrowers, the low-yield environment is likely to “exacerbate underfunded pension positions” for corporations in the near term, Fitch said in a new report.

The Delaware company has tapped 25-year financial services veteran Carol Baldwin Moody to lead “the direction and execution of all aspects of risk management,” the firm said Monday.

When Adam Tosh, the former CIO for the Kentucky Retirement Systems, left the Blue Grass State on a Friday for his new executive role at Darien, Conn.-based Rogerscasey, the approximately 800-mile drive did little to sway him from getting right to work that Monday.

The Securities and Exchange Commission (SEC) is slated to make a decision on whether it will update a roughly 30-year old set of proxy and investor shareholder rules at a meeting next Wednesday.

As many as 31 states could see their pension plan assets dry up by 2030, this according to a new study from the Kellogg School of Management at Northwestern University.

Due to the current complexities surrounding various investment vehicles and their increased due diligence provisions, endowments and foundations are mulling over the possibility to implement an outsourced CIO model, a new SEI study claims.