Survey Shows Investor Pessimism Shifts to Japan, US
A new study shows fund managers are moving out of Japan and the US and into Europe.
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Survey: Infrastructure Investors Step Up Investment; Find PE Model Inappropriate
While more investors are looking to invest in the asset class, many are questioning whether the management fees and fund carry structure of private equity are appropriate.
In Quest for Growth, Netherlands Pension Manager to Up Asian Property Investment
Seeking to benefit from rising housing demand in the world's fastest-growing regions, the asset manager for Netherlands' largest pension fund will increase property investments in Asia.
Legislation to Require Disclosure of Campaign Donations for CA Pension Boards
As pension funds face intense scrutiny and speculation for improper influence of board members and execs, lawmakers have been considering disclosure for California's pension boards.
Nominations Now Open for 2010 ai5000 Industry Innovation Awards
Industry Innovation Awards for the world's top asset owners, including endowments, foundations, pensions, insurance, and sovereign wealth funds.
Connecticut, Montana Pensions Plan Asset-Liability Reviews
Connecticut will carry out an asset allocation and liability study for each of its six state pension funds, while the Montana Board of Investments has commissioned an asset-liability study for the $2.5 billion Montana Teachers' Retirement System.
After Chapter 11, PBGC Assumes Responsibility for Chicago Sun-Times Pensions
After the Sun-Times and its units filed for bankruptcy protection in March 2009, the company sold nearly all of its assets -- PBGC has stepped in to assume responsibility.
Massachusetts Pension Sues HP, Former CEO Mark Hurd
The $300 million pension has sued Hewlett-Packard and its former
Chief Executive Mark Hurd, who was ousted from the company after a
sexual-harassment-claim settlement, seeking a variety of governance
changes and punitive damages for breach of fiduciary duty, mismanagement
and waste of corporate assets, including the severance payment to Hurd.
Mexico Pensions to Double PE Exposure
The country's 14 private pension funds, or Afores, are positioning themselves to invest more heavily in real estate and infrastructure bets.
HFs Rebound in US Fixed-Income Trading
Hedge fund managers, which now account for one-fifth of all trading volume in the US Treasury bond market, are refocusing their attention on more liquid products, a new study by Greenwich Associates confirms.
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.
Spurred by Bell Scandal, CalPERS Urged to Release Salary Pay to Prevent Abuse
Citing the scandal in the city of Bell, California Treasurer Bill Lockyer asked the state's largest pension to release data on the 100 highest state and local government salaries to avoid pay abuses.
AIG Courting Investors Ahead of Planned IPO for Asian Life INS Unit
Investors include Temasek Holdings, China Investment Corp, and Abu Dhabi Investment Authority.
Maryland Pension to Represent Shareholder Suit Against Toyota Motor Corp.
The state retirement and pension system, which claims as estimated
loss of $18 million, will represent complaints from investors
nationwide.
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.