SWFs Raise the Bar: From Passive Shareholders to Active Investors
SWFs are urged to take more active roles in the companies in which they invest.
Newsmakers
Size Does Matter: CalPERS Invests in Infrastructure Projects
The biggest US public pension fund plans on bringing infrastructure investments up to 1.5% of its total market value by the end of 2010.
Shares Plunge 81% as Japan Airlines Forges Ahead With Restructuring
The
struggling Japanese carrier faces bankruptcy with benefits cut and new CEO.
Trying to Save Pension, AA Stands Its Ground
AA
hopes to keep its retirement plan open to new joiners.
Best Year for Hedge Funds Since 1999; Venture Capital Suffers
While hedge funds had their best year in a decade, venture capital fundraising suffered.
Survey: Pensions Increase Funds Scrutiny; Assets Shift
Review signals widespread review of managers and revised asset allocation.
Abu Dhabi SWF Will Refine Its Investment Stategy
U.S. treasuries will remain a key diversification tool.
Report: Private Equity Fundraising Has Gloomy Expectations for 2010
After a dismal 2009, the private equity space still looks bleak.
Barclays Pension Fund Boosts in-House Investment Team
Nick Stacey has been named associate director of manager selection at the £16 billion ($25.6 billion) Barclays U.K. Retirement Fund.
Blackrock’s Doll: Buy Stocks; U.S. Economy Outruns; Health Care Wins
Predictions for 2010 and the upcoming decade from Bob Doll at Blackrock, the world’s biggest asset manager.
PIMCO’s Gross Says Fed Exit May Debilitate Markets
The influential bond fund manager, warning of “carefree check writing,” said that with central bank support removed, markets may suffer.
Private Equity Expert to Run NYC’s Pension Funds
Larry Schloss has agreed to become the next chief investment officer for New York City.
Ontario Teachers’ Moves into Mortgage Insurance Business
AIG has sold its Canadian mortgage insurance unit to Ontario Teachers' Pension Plan.
The ai5000 Top Five Institutional Investment Stories of 2009
The Revelation of the Full Extent of American Endowment Problems Entering 2009, the world knew that trouble was afoot at America’s largest endowments. Reports were emerging from Yale, Princeton, Stanford, Harvard, and others as early as September 2008 that
Private Equity Titan Terminates Fund
(December 23, 2009) – Europe’s Candover has agreed to close its nearly $5 billion buyout fund, a fall from grace for this once mighty private equity house. The firm confirmed late last week that its five year investment window