Hedge Fund Group Offers 'Best Practices' Guide To SEC
August 6, 2003 (PLANSPONSOR.com) - The Managed Funds Association (MFA) has offered up its latest version of a set of sound business practices for the industry to the...
Administration
Nasdaq Liffe and OCC Sign Clearinghouse Agreement
August 30, 2001 (PLANSPONSOR.com) - Nasdaq Liffe Markets (NQLX) and The Options Clearing Corporation (OCC) have signed an official clearinghouse agreement for single-stock futures.
Increased Liquidity for JP Morgan Chase Clients with Lewco
August 30, 2001 (PLANSPONSOR.com) - JP Morgan Chase & Company's Treasury and Securities Services division will assume responsibility for the securities lending operation of Lewco Securities Corporation, a...
Firm Sues Hedge Fund For Holding Too Much Stock
August 6, 2003 (PLANSPONSOR.com) - Aksys Ltd. has filed suit against Durus Capital Management LLC alleging the hedge fund violated federal securities law and a standstill agreement limiting...
Study: UK Corporate Pension Deficit Doubles
August 6, 2003 (PLANSPONSOR.com) - A London actuarial firm put some numbers to the depth of the UK pension crisis with word that the total funding deficit for...
UC Asks For VC Disclosure Reversal
August 6, 2003 (PLANSPONSOR.com) - The University of California Board of Regents has said not so fast to a judge's order to release the financial performance results of...
SEC Proposes Shareholder Notification Rules
August 6, 2003 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) has given the preliminary nod on proposed rule changes giving shareholders better information on how to nominate...
Northrop Targets $560 Million In 2003 Pension Costs
August 6, 2003 (PLANSPONSOR.com) - Defense contractor Northrop Grumman Corp. has forecast pension expenses to total $560 million in 2003.
Lincoln Cuts Staff in Wake of Vanguard Loss
July 30, 2001 (PLANSPONSOR.com) - Lincoln Capital Management has reportedly cut staff by more than 10% in the wake of last month's termination as manager for Vanguard's $12...
Venture Capital Getting Harder to Come by
July 30, 2001 (PLANSPONSOR.com) - Capital is getting harder to come by, and the number of new dollars invested in start-ups is dwindling, according to numbers from Venture...
Financial Education Firms Join Forces
June 18, 2002 (PLANSPONSOR.com) - Financial Finesse, a provider of financial education programs for corporations, announced a new alliance with Associated Financial Services (AFS).
UK Pension Plans Challenged
June 18, 2002 (PLANSPONSOR.com) - A new survey by the Association of Consulting Actuaries (ACA) suggests that the number of UK pension plans still open to new employees...
CalPERS Weighs in on Option Expense Debate
June 18, 2002 (PLANSPONSOR.com) - After years as one of the investing world's most active and vocal institutional player, the largest US public pension fund has stopped short...
Report: Scotland to Set Up PBGC-Like Pension Safety Net
June 6, 2003 (PLANSPONSOR.com) - Faced with having workers lose all or part of their pensions when companies fail, the Scottish government is setting up a pension guarantee...
New Hedge Fund of Funds Firm Opens its Doors
June 6, 2003 (PLANSPONSOR.com) - A former CMS Companies hedge fund manager is hanging out her shingle on her a hedge fund of funds firm.
CalSTRS Wants Its Money Now
June 6, 2003 (PLANSPONSOR.com) - Trustees of the California State Teachers' Retirement System (CalSTRS) have threatened to take state officials to court if they don't come up with...
Ohio Pension Fund Hit for Lavish Spending Practices
June 6, 2003 (PLANSPONSOR.com) - The Ohio State Teachers Retirement System (STRS) may have lost 21% of its investment assets in the past three years, but that apparently...
Mercer: Beware of Subbing Stock for Cash in Pension Payments
June 6, 2003 (PLANSPONSOR.com) - A plan sponsor's decision to substitute stock for cash when making its pension plan payments can signal trouble over the long term, a...
Ohio Pension Sacks Money Managers
May 6, 2003 (PLANSPONSOR.com) - The $50-billion Ohio Public Employees Retirement System (OPERS) has given the pink slip to two of its international stock managers, citing poor performance...
Bank Web Sites Neglect Small Businesses
May 30, 2001 (PLANSPONSOR.com) - Most banks lack a convincing online banking package for small businesses, a shortfall that hinders this group from forming deeper partnerships with financial...