The Ontario Municipal Employees Retirement System (OMERS) is set to launch a venture capital arm that plans to commit $180-million in the next three years.
Morgan Stanley has won the dismissal of a Virgin Islands government pension fund lawsuit accusing the bank of defrauding investors of $1.2 billion of risky mortgage debt that it expected to fail.
In an attempt to limit risk exposure, pension funds and other institutional investors are integrating more risk management tools into the investment process, according to new research by MSCI.
AQR Capital Management, a $40-billion asset management firm with a focus on alternatives, has launched a $100,000 annual competition for academic finance papers.