SWFs: The New Geopolitical Power Tools, Says MIT Scholar
Forget nuclear weapons—the arsenal of the future is sovereign wealth, according to a major research paper.
News Archive: Sep - 2012
Judge Strikes Down Baltimore’s ‘Unconstitutional’ Pension Reform
The Baltimore Fire and Police Retirement System may be once again on the hook for tens of millions in annual payouts that had been cut in a 2010 reform package.
Say on Pay – Investors Will Not Hold Back
Executive pay discussions are to come out of the boardroom and into the light as investors push for more say.
New Return Target for Illinois Teachers’ Pension
The largest public pension in Illinois’ notoriously under-funded system has cut its discount rate from 8.5% to 8%.
What Does It Mean to Be a Sustainable Investor?
The sustainable investing debate has started to be heard more loudly over the last year, Towers Watson explains in a report, adding more fuel to the tension.
Fitch Raises Concerns Over NJ’s Unfunded Liabilities
The 60.8%-funded public pension system poses a serious challenge to the state's financial health, according to a new report from Fitch Ratings.
More Canadian Mega-Funds?
Canada is known for its large, sophisticated institutional investors – there may be two more on the way.
Oregon Hires Pension Investment Director
After a year-long search, Oregon has someone to manage its pensions.
Are Institutional Investors Fueling Stock Market Liquidity?
The market has witnessed an overall growth in institutional equity ownership in the US--has this growth affected market liquidity?
Private Equity Giant CVC Sells Stake to KIA, GIC
CVC Capital Partners, one of the biggest private equity firms in the world, is selling a 10% stake to three sovereign wealth funds, Reuters has reported.
Pension Scholar: DB vs. DC Debate is 'Dysfunctional'
The Director of the Rotman International Centre for Pension Management thinks it’s time to quit the DB vs. DC argument, and come up with a new breed of pension plan.
Investors Push for Tougher Auditor Regulation
European regulators should not be drawn by efforts to ‘water down’ audit regulation, say some of the world’s largest shareholders.
DoL Accuses Insurance Brokerage of Fleecing Pension
The lawsuit claims a Pennsylvania brokerage arranged a kickback scheme with an insurance company, resulting in a hospital pension being overcharged for an annuity purchase.
Highway Bill: Two Sides of the Story for Pensions
The highway bill, signed by President Obama in July, should have substantially lowered aggregate pension funding obligations, yet the picture isn't entirely rosy.
China’s SWF Finds Partners, Gets Direct
China Investment Corp. is taking a more active role in its foreign investments by forging partnerships with overseas third-party managers.