SWFs Up Nearly 20%, State Street Says
A study shows that SWFs have largely remained committed to their pre-crisis investment strategies despite market turmoil in the last eighteen months.
News
Study: Private Equity Investors Lured by Higher Returns in Emerging Markets
A new study shows emerging markets significantly trump
developed markets in terms of performance expectations for
private equity.
Hit to Goldman’s Reputation Will Be Harder to Recoup
Analysts say the U.S. Securities and Exchange
Commission’s civil fraud charges could force Goldman to pay hundreds of
millions in fines and restitution. The blow to the firm’s reputation
may be harder to salvage.
Canada Pension Plan Invests in First India-Focused Fund
Toronto-based CPPIB will invest $100 million in
the Multiples Fund.
Goldman Sachs Accused by SEC of Civil Fraud on Mortgage-Backed CDOs
The government has accused Goldman Sachs of failing to disclose conflicts of interest in mortgage investments it sold as the housing market was waning.
In Europe, Hedge Fund Investors Are Optimistic
According to a survey
by one of the world's largest investment consultants, investors in
Europe have renewed confidence in hedge funds.
Abu Dhabi Fund Names New Chief
Sheikh Hamed bin Zayed al Nahyan will become the new boss of Abu
Dhabi's SWF, replacing his late brother who died in a glider crash in a
lake in Morocco.
Study: Teacher Pension Funds Are Short Billions
A new study found that all 59 funds that cover most teachers face
shortfalls, placing a burden on taxpayers to pay nearly three times as
much as the funds say they need to balance the books.
Senate Agriculture Committee Chair to Deliver Derivatives Regulation
The
Democratic chairwoman’s proposals support financial reform of
derivatives by putting them on exchanges, which has encountered
opposition from banks that make billions in transaction fees on
derivatives every year.
Missouri Senate Endorses State Pension Changes
State senators have proposed changes to Missouri's pension system which could save the state an estimated $314 million over five years.
IFC, SWFs Partner to Invest in Companies in Africa
The International
Finance Corp said it would team up with SWFs and pensions to form an
$800 million fund that will invest in equities in Africa, Latin America
and the Caribbean.
Goldman Sachs Tries to Snag Endowment Chiefs
The Wall Street titan is looking to expand its portfolio solutions team of 50 employees.
Aaron Meder to Head US Pension Solutions for Legal & General
Meder, who previously worked
at UBS, will expand a team responsible for the company's construction
and management of
liability driven investments
(LDI) for US pension clients.
CalPERS CIO Joe Dear Calls Stanford Study 'Fundamentally Flawed'
CalPERS and CalSTRS oppose the Stanford study, which said the state’s
three public employee pension systems are underfunded by as much as
$500 billion over the next 16 years.
Chile’s Pension Schemes Raise Investments Abroad
The country’s $114 billion in
pension assets are increasingly shifting oversees -- mainly to the US,
Brazil and China.