Fed Report: Threat of Municipalities Defaulting May Be 'Overblown'
Despite turbulent economic times and bigger anticipated payments to underfunded public pensions, a new study has indicated that few municipalities will default on debt.
News Archive: Apr - 2011
Consultant: S&P's Debt Warning Comes as No Surprise to Institutional Investors
Standard & Poor's credit rating of the US government's heightened debt level reflects an awareness that has long been understood by institutional investors, consultancy NEPC believes.
PIMCO: Australia Should Capitalize on Resources Boom With SWF
Australia should create a sovereign wealth fund to help stabilize the economy and improve the bond market, PIMCO told Dow Jones.
Preqin Blames Madoff for Hedge Fund-of-Fund Downfall
As the overall hedge fund-of-funds industry has dropped from $1.25 trillion in 2008 to $910 billion as of Q2 2011, Preqin blames the changes in the industry on Bernie Madoff, saying investor caution has heightened following his multi-billion Ponzi scheme.
After Initial Real Estate Purchase, Norway's SWF May Take Hiatus Till 2013
With $25 billion earmarked for real estate, Norway's sovereign wealth fund says there is no urgency to pursue the asset class as it anticipates better deals after 2013.
SSgA Says ETFs Gain Momentum Among Schemes; IMF Expresses Concern
ETFs have attracted $1.2 trillion since the launch of the first mainstream ETF a decade ago, and they're continuing to gain steam among institutional investors.
Premier Destination for Emerging Market PE Investors: Brazil
A study by the Emerging Markets Private Equity Association and Coller Capital has found that Brazil will be the most attractive emerging market country for private equity investors in the next 12 months.
Despite Pessimistic Outlook, CIC Seeks European Investment
Lou Jiwei, head of China’s $300 billion sovereign wealth fund, has said that even though global economic growth will likely slow next year with Europe being “most pessimistic,” the fund will continue to seek investment in some parts of the continent.
Harvard Professor: Sovereign Debt Crisis Will Force Bondholders to 'Take a Hit'
As fears intensify about whether Greece will be able to repay its debts, a forum sponsored by Mercer has highlighted that pensions -- typically large bondholders -- may be forced to take a loss on their investments as a result of the European sovereign debt crisis.
UK Report Advises Gov't to Step Up Commitment to Infrastructure
As the UK suffers from "some of the most congested and problematic infrastructure," a report by the London-based Business Infrastructure Commission has concluded that the government should provide incentives to encourage pensions to invest in large-scale projects.
Australian Investors' Approach to Private Equity: Cautious Yet Positive
Australian investors are still interested in private equity and venture capital investments, but are taking a cautious approach to investment, Preqin has found.
Harvard Endowment Expands Commodities Team
Harvard Management Company, which oversees the university’s $28 billion endowment, has hired Satu Parikh -- a top commodities trader.
Survey: Hedge Funds With Minimal Lockup Periods Woo Investors
Investors are increasingly turning to hedge funds with short lockup periods, a study by Goldman Sachs Group reveals.
In a Scathing Report, Senator Says Goldman Misled Investors
A Senate panel has released a damning report accusing Goldman Sachs of engaging in conflicts of interest, flooding the financial system with risky mortgages, and violating fiduciary duties to shareholders.
UK Firms Could Face Intensified Pressure to Plug Pension Deficits
Proposed European Union plans to implement a uniform set of scheme funding rules across Europe would force schemes to pay deficits faster, Towers Watson has found.