Aaron Meder to Head US Pension Solutions for Legal & General
Meder, who previously worked
at UBS, will expand a team responsible for the company's construction
and management of
liability driven investments
(LDI) for US pension clients.
News Archive: Apr - 2010
CalPERS CIO Joe Dear Calls Stanford Study 'Fundamentally Flawed'
CalPERS and CalSTRS oppose the Stanford study, which said the state’s
three public employee pension systems are underfunded by as much as
$500 billion over the next 16 years.
Chile’s Pension Schemes Raise Investments Abroad
The country’s $114 billion in
pension assets are increasingly shifting oversees -- mainly to the US,
Brazil and China.
Fixed Income Becomes More Popular in European Markets
A new study published by Pershing Limited, a BNY Mellon company, and Investance shows major changes in Europe’s fixed income sector are on the horizon.
CalSTRS to Pursue Microfinance Investments
The second-largest public pension scheme in the US, with $132.5 billion under management, may follow the lead of Dutch funds.
Ontario Teachers’ Pension Sees Strong Returns Yet Rising Deficits
Canada’s third-biggest retirement-fund manager has a 'confounding'
year.
Survey: Hedge Fund Assets to Hit Pre-Crisis Peak
A new survey reveals that by the end of 2010,
hedge fund assets will hit about $2 trillion.
Australia's 'Universal Fund' Plan Encounters Criticism
Australia’s superannuation
industry has responded negatively to the Cooper Review's recommendation
of low-cost funds for disengaged investors.
Survey: Boost in Japan Corp Pension Funds
Buoyed by gains in global and domestic
shares, returns of corporate pension funds in Japan jumped in 2009/10.
Pension Funds Failed to Collect Private Equity's Promised Returns
The center of the debate
over differences in rewards between private equity managers and their
investors: fees.
CalPERS, Blackstone on Opposite Sides of Placement Agent Battle
Some firms say that lucrative commissions paid only for favorable results is a “system that invites corruption,” yet others say placement agents play a useful role.
Stanford Endowment on the Lookout for New CIO
The third largest endowment among US colleges is searching for a CIO
after leaving the post vacant for more than two years.
San Diego County Faces Concerns Over Conflict of Interest
The $6.9 billion association has already approved the idea of outsourcing its investment staff, but will scope out other alternatives and look at the cost difference between the in-house and outsourced models.
China’s SWF Slashes Funding Request to $100 Billion
The China Investment Corp (CIC) has cut the amount of new funding its
requesting from the government in half.
Judge Dismisses Claims in Mortgage Bond Suit
Standard & Poor's, Moody's win dismissal of a suit that involved
the sale of more than $60 billion in mortgage-backed securities.