A new report by EarthRights International (ERI) has shown how the Norwegian Government Pension Fund Global has $4.7 billion invested in 15 oil and gas companies from eight countries operating in Myanmar, putting Norway in violation of its own Ethical Guidelines for responsible investment.
A legal firm hired to scrutinize the CalPERS’ staffing and conflict-of-interest issues has recommended barring employees from leaving for asset management firms with ties to the pension giant.
While lawsuits over allegedly imprudent cash-collateral reinvestment programs continue to work their way through the courts, a Senate subcommittee has reportedly started an investigation into securities lending providers.
Mohamed El-Erian at Pacific Investment Management Co, which runs the world's biggest bond fund, has revised his outlook for US growth in 2011 following President Barack Obama's tax-cut compromise deal.
With investments in hedge funds under investigation following the probe by the US Federal Bureau of Investigation into insider trading, pension officials voice concerns.
The agency's provisions would implement provisions to the recently-enacted Dodd-Frank financial regulation reform law, which requires advisers to hedge funds and other private funds to register with the SEC.
The jury has ruled that executives at BankAtlantic Bancorp failed to alert investors about risks in its real estate loan portfolio as the US housing market faltered.
Pension experts have warned that plans by the European Union to introduce new rules on pension funding run the risk of undermining pensions rather than strengthening them.
Chief Executive Officer Johannes Teyssen revealed that E.ON wants to raise $20 billion through asset disposals by the end of 2013 to lure pensions looking for steady, inflation-protected returns electricity lines provide.
Investment consultants at Mercer, Rocaton, and Towers Watson share their views with aiCIO readers on the short and long-term impacts of the Federal Reserve’s second bout of bond purchases (QE2) for US pension funds and for the economy as a whole.
Loren Fox, senior research analyst at Strategic Insight, says the Fed's attempt to use quantitative easing to boost the US economy will exacerbate concerns regarding bond mutual fund investors.
aiCIO Editor-in-Chief Kip McDaniel speaks with Bob Prince, co-CIO of Bridgewater Associates, and Bryan Belton and Eddie Qian of PanAgora on the Federal Reserve's second round of Quantitative Easing (QE2).