Norway's SWF Posts Q2 Loss Due to European Debt Crisis, BP Spill
The Government Pension Fund Global returned -5.4% (-155 billion kroner) in the second quarter of 2010, weighted down by a decline in global equity markets.
Asset Allocation
Korea Teachers Pension CIO Looks Toward Emerging Nations
The nation’s second-largest public pension fund shifts away from investing in slower-growing developed countries.
Despite CPPIB Investment Loss, Strong Contributions Lift Assets
The value of CPPIB's investments has declined US$1.6 billion in the first fiscal quarter, yet the Toronto-based board has enjoyed rising assets, helped by strong
contributions.
Wisconsin Reviews Strategy Implementation
Next
step for the Madison-based investment board of the Wisconsin Retirement System (WRS):
"Determining which strategy the board will use for inflation protection
and how we'll go about achieving leverage," says the board's Vicki
Hearing.
Despite Tough Quarter, Institutions Plan to Increase HF Allocations
While almost a third of institutional investors plan to increase hedge fund investment over the next year, fewer investors are satisfied with hedge fund performance compared to last year.
LGIMA’s Bender Sees Further American LDI Growth
On the tail of the firm's Long Duration Credit Strategy’s three-year
mark – in which it outperformed the Barclays Capital US Long Credit
Index – LGIMA’s US fixed-income head sees further LDI mandate growth in
North America.
MassPRIM Must Exit Iranian Holdings
Legislation passed by the Massachusetts Governor gives the $42 billion fund one year to study and exit any investments that directly or indirectly support the Iranian oil industry.
Mercer Study Shows Pension Longevity Assumptions on the Rise
New survey data issued by the London-based unit of consultant Mercer shows that the costs of rising life expectancy added billions of pounds to the pension bills of the United Kingdom’s largest 100 companies in 2009.
At Top UK Firms, Pensions See Declining Deficits
A study by Aon Consulting has discovered that combined pension deficit at the UK's top 200 firms fell by about a quarter between June and July, buoyed by improving equity markets and declining liabilities.
Australian Super Funds Return 4.5% Over 10 Years
Data from SuperRatings reveals that the average super fund returns have fallen under the double-digit mark, as Australians would have fared better by putting their superannuation solely into Australian shares for the past decade.
China Investment Corp '09 Profit Reaches $41.7 Billion
Despite a tumultuous 2008, the CIC outperformed many other sovereign wealth funds following the global financial crisis -- the country's $300 billion SWF upped its net profit to $41.7 billion in 2009 from $23.1 billion in 2008.
Venture Capital Firms in a Pickle
Cambridge Associates issued a report showing VC 10-year returns -- considered the most
important measurement of the industry -- were negative 3.7% for
the period ending March 31.
Financial Regs: A Top Concern for Institutional Investors
Preliminary
results of a survey by Capital Market Risk Advisors show US respondents
ranked “government changing the rules” as their chief concern for the
year ahead.
Pension Schemes Face Difficulties Managing Longevity Risk
MetLife Assurance's survey showed pension fund trustees and
sponsors are struggling to effectively manage longevity risk, which
ranked second only to the measurement of technical provisions and
liabilities in importance for respondents.
Survey Reveals UK Asset Managers Raise Concerns Over Investor Activism
UK asset managers indicate
growing concern about the UK as a place to do business and call for
regulators to respond to the financial crisis.