Slyngstad -- the CEO of Norges Bank Investment Management (NBIM), the division of Oslo's bank that manages one of the largest sovereign wealth funds on the planet, Norway's colossal $457 billion Government Pension Fund -- speaks with ai5000.
Fund managers at the University of
Texas
endowment are allotting money to a commodity that most investors turn to
when
they expect high inflation and economic hardship.
Of the lawsuit's total penalty, the largest ever paid by a Wall
Street firm, $15 million represents disgorgement of gains from the deal
while the remaining is a civil penalty.
Reynolds, following two decades at cross-town rival Fidelity, was lured to Putnam to turn around the once-ailing firm. With its mutual fund business once again on the rise, the next question is: What can Putnam do for the world's largest asset owners?
Fund loses billions in public money. Retirees worry about rent payments. Managers rake in million. Public is outraged. Rinse. Repeat. A look at Quebec’s Caisse de Depot pension fund. Jordan Milne reports.
During the best of times and the worst of times, people will continue
to drink, smoke, gamble and fight. Here’s an assessment of the Vice
Fund portfolio, firsthand. Paula Vasan reports.
The conditional offer marks the Toronto-based fund
manager's
second attempt to purchase an Australian toll road operator, following a
failed
bid to take control of Transurban Group in May.
A study shows that even though pension assets in Organisation for
Economic Co-operation and Development (OECD) countries remain below
December 2007 levels, some countries. such as Hungary and Norway, have
already recuperated completely from 2008 losses.
