A report released this week shows the number and value of
acquisitions made by sovereign wealth funds followed by the Monitor
Group and Fondazione Eni Enrico Mattei (FEEM) doubled in the first half
of 2010, with SWFs spending the most money in Europe, which accounted
for 40% of the total expenditure, followed by North America, which
accounted for about a third of the total value of deals, or about $7.5
billion.
Bill
White, the Democrat challenging Gov. Rick Perry, has accused the
governor and his appointees of pressuring the staff of the Teacher
Retirement System (TRS) to pick investment companies benefiting Perry
contributors, yet an external investigative party has stated there are
no improprieties with respect to how the investment decisions at TRS were made.
Retirement Systems Administrator Héctor Mayol Kauffmann has urged a probe of former officials following an in-depth study by consulting firm Conway MacKenzie that showed the pension system’s status worsened markedly as a result of bad oversight.
Pacific Alternative Asset Management Company (PAAMCo) is in the spotlight over whether it was "designed to mislead" by appearing as a women-owned business.
A new study concludes that raising the retirement age and increasing employee contributions is only the first step in addressing California’s mounting public pension liabilities.
Canada's pensions are looking to swoop in to purchase a 30% stake in Potash Corp. to maintain control of the fertilizer company in Canada while at the same time encouraging Chinese investment.
Two weeks ago, the Securities Exchange Commission and Commodity
Futures Trading Commission revealed the possible causes of the May 6th
Flash Crash. Since you can't stop traders from making bad trades, what's
to stop another Flash Crash from happening tomorrow? aiCIO's Joe Flood
reports.
A quarterly survey conducted by Northern Trust Global Advisors reveals that institutional investment managers see a double-dip recession as unlikely amid stabilizing markets.
Andy Banks, head of corporate governance at Legal & General
Investment Management (LGIM), says the UK's Stewardship Code has given
shareholders the essential ability to consult with each other when
issues arise at companies in which they invest.
A US Census Bureau report shows holdings of the 100 largest US public-employee retirement systems rose 6.8% for the 12 months through June, the first fiscal-year gain since 2007.
