Barry B. Burr
Barry B. Burr is editorial page editor at sister publication Pensions & Investments.
Total assets in target date funds will grow to $2.6 trillion by 2018, attracting 80% of new and reallocated flows into defined-contribution plans for the next decade, according to a projection in a recent Casey Quirk & Associates LLC report.
State Street Corp. will pay $89.75 million to settle a class-action lawsuit with a group of employee benefit plans invested in certain active fixed-income strategies managed by its SSgA unit, confirmed Arlene Roberts, State Street spokeswoman.
Incentive pay for traditional money management, hedge funds and private equity will fall on average 15% to 25% below 2008 levels, even with the market rebound and a stabilizing investment industry, according to a new study by compensation consultant Johnson Associates Inc.
Prodded by the failure to detect the Madoff Ponzi scheme, Securities and Exchange Commission officials hope a series of internal reforms will reinvigorate the commission's sorely weakened enforcement efforts and improve protection for investors.
Non-binding say-on-pay shareholder votes would be required of all public companies under legislation proposed by the Obama administration today.
By now quantitative investing, where computers screen stocks without human intervention, has taken its place among institutional investors.
Academia meets money management. Andrew W. Lo, a finance professor on leave from the Massachusetts Institute of Technology,…
Professor emeritus, Massachusetts Institute of Technology, and 1970 Nobel laureate in economics The 88-year-old MIT sage, who wrote…
War between the North and the South — more precisely, between Northern Trust and AmSouth Bancorp. — has…
War between the North and the South — more precisely, between Northern Trust and AmSouth Bancorp. — has…