Corporate Funding Ratio Falls in May to 82%
The May meltdown, which hurt both US and international stocks,
reduced the value of the typical pension plan's assets by 4.8%.
Asset Allocation
PE Fund Investors Still Seeking the ‘Holy Grail’
Limited partners and general partners are still seeking a
perfect alignment of interests.
After Huge Losses in RE, CalSTRS Revises Allocation
The West Sacramento-based fund would increase its core investments
while decreasing tactical investment in real estate.
Money Manager Strives to Double Japanese Pension Assets
Dutch money manager
Robeco Group aims to double assets from Japanese pension funds within
two years, shifting investments away from traditional asset classes such
as bonds and equities.
Arizona and Alaska Funds Shift Allocations
While the Arizona system has added three new allocations, the Alaskan
SWF will commit $600 million to private equity.
CalSTRS Seeks Commodity Investments
The US's second-largest public pension fund is eying commodity
investments as a hedge against the risk of inflation.
China National Pension Fund Adviser Zhang Plans Hedge Fund
An adviser to China’s enormous state pension fund is planning to
return to the hedge fund world by forming JT Capital Management, a
China-focused fund.
Funds Should Be Transparent About Investments for Greater Returns
A preliminary study in Canada shows that while research has shown
that funds with published investment beliefs achieve better risk
adjusted results, a majority of funds are secretive about their
investments.
London Pension Fund Targets Real Estate
London's multibillion public pension fund confirmed it was
considering investments in residential property.
China Pension Invests $2.2 Billion in AgriBank
China’s national pension fund invested more than 15 billion yuan
($2.2 billion) to become Agricultural Bank of China’s third-largest
holder.
Survey: Pension Deficits for One in 10 FTSE Firms
The total disclosed pension liabilities of FTSE-100 firms has
skyrocketed to £410 billion from £382 billion in the past 12 months.
Report: Growing Number of Consultants Offer Performance Measurement
Global custodians remain the largest vendors of performance
measurement services to institutional investors, yet more and more
investment management consultants are able to provide the same services.
Qatar's SWF Plans $5 Billion Investment in Malaysia
1Malaysia Development Bhd
(1MDB) and Qatar Investment Authority (QIA) will pursue a partnership to
capitalize on opportunities in the energy and real estate sectors in
Malaysia's Klang Valley.
Investors See Rosy Outlook in Secondary Private Equity
Most institutional investors intend to either maintain or increase
their allocation to private equity in 2010, according to research by SL
Capital Partners.
Good News for Asset Managers: Higher Paychecks
After the first quarter, Johnson Associates broadly predicts an
increase in incentive compensation across the financial services
industry.