Swedish Pension Bans Israeli Defense Firm on Ethical Grounds
In an effort to remain a role model for socially
responsible investment, the biggest Swedish pension barred Israeli arms
maker Elbit Systems from its investment portfolios.
News Archive: Mar - 2010
Buyout Firms Meet With CalPERS, Others to Discuss Private Equity
Buyout heads met with investors to discuss the role of
private equity in investment portfolios and the challenges and
opportunities confronting the industry.
Board of Trustees for Alaska's SWF Allows Direct Hedge Fund Investment
The amendment will permit the fund to bypass so called ‘gatekeepers’ and invest directly in hedge funds.
FINRA Steps in to Regulate Pay-to-Play Rules
The Financial Industry Regulatory Authority (FINRA) is ready to act
on rules to be in place this year.
China’s Pension Looks to Boost Investment Abroad, Dai Says
Dai Xianglong, chairman of the National Social Security
Fund, voices ambitious goals to more than double the fund's total assets
by 2015.
Continued from ai5000 Magazine…Review: Michael Lewis' Big Short
Continued from the March/April issue of ai5000...Michael Lewis' Big Short, Reviewed.
MassPRIM's Travaglini Denies Pay-to-Play in State Pension Fund
Timothy
P. Cahill's tarnished reputation may be a result of misunderstanding
and attempts of political influence.
China Automaker Acquires Volvo for $1.8 Billion; Pension Deficit to Reduce Price Tag
China's
Geely Automobiles Chairman Li Shufu vowed to control American and
European markets and now the automaker is making that a reality.
Canada's Largest Pension Acquires British Lottery Operator
The Ontario Teachers' Pension Plan will buy Camelot for $576 million.
Norway Ministry of Finance to Lower Active Risk
Presented by the
country’s parliament, the proposal is part of a report on new
regulations for risk and active
management for Norway's Government Pension Fund.
CalPERS Under Scrutiny in Pension Investigation
The Department of Justice is
scanning investment transactions of public pensions.
SWFs Seen as Invaluable Sources of Capital for Government Debt
As government debt burdens increase, a burgeoning trend is emerging
with investors sensing opportunity in SWFs.
Japan’s Pension Funds to Change Benchmarking Index, Switch to More Passive Investments
The
world's largest fund will change benchmark indexes to reduce market
impact and lower trading costs.
On Both Side of the Atlantic, Battle Lines Harden Over Financial Regulation
While the scope of financial regulation varies from Europe to America, electoral politics seem likely to shape eventual market changes after the Great Recession.
BNY Mellon Tops the List in 2010 R&M Global Custody Survey
Rated on a scale of 1 (worst) to 7 (best), banks providing custody services scored an average 5.74 in 2010, compared with 5.70 last year.