An investor survey by Carne Group has found that hedge fund governance is an issue that has increased in importance since 2008, with allocators now actively pressing for changes in the way that hedge fund boards are managed.
A coalition of institutions led by Aviva Investors has called on United Nations’ member states to develop a global policy framework that requires listed and large private companies to integrate sustainability information throughout their Annual Report and Accounts.
As the Federal Reserve moves toward new steps to purchase long-dated Treasury bonds and decrease interest rates on long-term loans, investors question the impact on liability-driven investment.
US regulators have filed a lawsuit alleging insider trading related to the recent purchase of US underwater oil services company Global Industries Ltd by France's Technip SA.
The Pittsburgh, Pennsylvania municipal pension plan had been threatened with a state takeover; by achieving a funding status over 50%, they have avoided it – for now.
As part a response to requests from the public, including members of Congress, that the agency allow an opportunity for more input on the rule, the US Department of Labor's Employee Benefits Security Administration will re-propose its rule on the definition of a fiduciary.
The combined employee benefit deficits of the Netherlands' 50 largest companies grew by €1 billion in the past year, according to the first "Pensions Accounting Briefing" report by LCP Netherlands.
State Treasurer Walker Stapleton aims to file a lawsuit against the $39 billion Colorado Public Employees' Retirement Association for state workers, claiming that the fund has denied his repeated requests for financial data.
UBS, which reportedly suffered a $2 billion loss from unauthorized trading at its investment bank, had its credit ratings put under review for potential downgrade by Standard & Poor’s, Moody’s Investors Service, and Fitch.
The Massachusetts Senate has passed a major overhaul of the state pension system to cut benefits for future workers, with the goal of saving $5 billion over a 30-year plan.
The pension plan of the American Federation of State, County & Municipal Employees has filed a shareholder proposal, saying that an independent chairman would provide checks and balances in the structure at Goldman Sachs.
