Newsmakers

After a disastrous 2008, the fund—which has replaced both its CEO and CIO since April—will issue up to $8 billion in bonds.

Funds from across the globe gathered in Singapore alongside world leaders to express their concerns over protectionism—and to promote the idea of sovereign wealth funds as long-term, stable investors.

Despite few actual deals being completed, U.K. pension schemes are increasingly interested in insuring against retirees outliving actuarial predictions, a new study shows.

Following large profit increase—not the least of which was seen in its insurance units—Berkshire has made an “all in” bet on the American economy with its purchase of Burlington Northern Santa Fe railroad.

With a neutral last 12 months, the Penn endowment has done what others couldn’t—it has maintained its capital base.

With a hostile bid for highway owner Transurban Group, Canada’s CPPIB and Ontario Teachers’ continue their direct investments in foreign assets.

The Government Pension Fund gained 18% in Q3 while at the same time reducing its reliance on external managers.

After 2008, when they were burned by financials, SWFs are likely to stick with a recent trend toward natural resources.

Avoiding funds of funds, the New York State Common Retirement Fund is increasing its allocation to hedge funds in hopes of excess returns.

With poor returns and liquidity issues, endowments—heavily reliant on private equity in the past—say they will lower allocations to this alternative asset class.

Russell Read, the fund’s CIO from 2006 until 2008, defends moves he and the fund made into commodities, emerging markets, and private equity.

America’s third largest endowment will make cuts more quickly than many of its peers in hopes of returning to growth sooner.

The director of global research at America’s seventh largest public pension is predicting that many of his peers will turn to gold to hedge against currency devaluation and inflation.