As the world's defined-benefit pension funds travel toward two very different futures, a new study by BlackRock marks their progress. The study compares the changes underway at corporate DB plans, which are winding down, with the evolution of public and other non-corporate plans, which are seeking to strengthen themselves for the long run.

Volatility is back with a bang this year after a period of extraordinary calm. During the first quarter of 2018, the S&P 500 Index rose or fell by at least 1% in 23 trading sessions, compared to eight such sessions in all of 2017. The renewed turbulence, triggered by a confluence of growing concerns about rising rates, trade wars and regulation in the technology sector, will require a new mindset for investors.

The California Public Employees' Retirement System today announced that Elisabeth Bourqui has been selected as Chief Operating Investment Officer (COIO).

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed globally gathered US$18.99 Bn in net inflows in March 2018. YTD 2018 net inflows are at US$137.12 Bn which is less than the US$197.28 Bn in net inflows at this point last year.

In a fast-concentrating industry, the deal would consolidate MFEX's position as an expert of international funds distribution, by reinforcing its market share in Europe and Asia and rounding out its existing offering with innovative and efficient solutions both for distributors and investment managers.