BlackRock Takes Over Equitable Life Mandate to Manage Risk
Equitable Life's new
outsourcing deal with BlackRock is one of the largest European asset
management mandates of the year.
News Archive: Jul - 2010
AIMCo's Leo de Bever Cautions Against Infrastructure
With investors chasing limited opportunities, have we reached
an infrastructure bubble and is there light at the end of the tunnel?
From ai5000 Magazine: Yngve Slyngstad, CEO, Norges Bank Investment Management
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.
University of Texas Endowment Invests $500 Million in Gold
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.
Peru Increases Cap on Pension Investment Internationally
Peru's four pension funds are seeking to invest more abroad and will
likely ask Congress to change a law that set a 30% ceiling.
Goldman Gains After Paying Record $550 Million to Settle SEC Lawsuit
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.
From ai5000 Magazine: Bob Reynolds, CEO, Putnam Investments
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?
From ai5000 Magazine: Controverse à la Caisse
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.
From ai5000 Magazine: Wealth in Sin
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.
From ai5000 Magazine: Life After Death
Critics are singing private equity’s swan song. They’re wrong—and
here’s why. Joe Flood reports.
J.P.Morgan Pursues Alternatives Portfolio for UK Schemes
The firm's asset management division is offering small
UK schemes with greater access to hedge funds, infrastructure and
private equity.
Canada Pension Bids $3.4 Billion for Intoll Group
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.
Sacramento Pension Ordered to Release Details to the Public
Sacramento County Superior Court Judge Allen Sumner has ruled that the public has a right to know about county workers' pensions.
OECD Pensions Remain Nearly 10% Below Pre-Crisis Levels
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.
Hedge Fund Returns Suffer in 2010 Amid Europe Crisis
Worries
that the
sovereign debt crisis in Europe may stall a global economic recovery
fueled hedge fund declines in 2010.