CalSTRS to Boost RE Investments
The second largest public pension fund in the US has
acquired $216 million worth of property in Q1, further indication that
the real estate market is slowly recovering following the global
economic crisis.
News Archive: Jul - 2010
PE Fundraising at Its Lowest Level Since 2003
Preqin shows an increase in the number of funds being
abandoned or put on hold.
Whisky to Plug Pension Deficit
Diageo has found a creative way to plug its growing UK pension hole:
Fill it with £430 million ($642 million) worth of Scotch from its
distilleries in Scotland.
Norway's SWF Expands Investments in Asia
The fund is following a trend among sovereign wealth investors boosting investments in the Asia-Pacific region.
State Street Sues Former Execs Over 'Employee Raid'
The firm's suit alleges that three of its former executives violated agreements they signed regarding confidential information they gained about State Street’s securities lending business in the course of their employment.
SEC Ruling Curtails Political Contributions From Managers
US regulators voted 5-0 at a meeting in Washington to limit contributions after pay-to-play scandals.