While Denmark's pension fund ATP will up its investment in hedge
funds, pension
funds are hoping to negotiate lower fees with reluctant fund managers
this year.
The specialist insurer is close to completing 600 million pounds
($942 million) in
fundraising as it looks to profit from the growing desire of UK
companies to insure their pension liabilities.
Andrew Cuomo, New York
attorney general, claims Bank of America, former Chief Executive Kenneth
Lewis and former Chief Financial Officer Joe Price lied to shareholders
about the acquisition of Merrill Lynch & Co.
The 10-year return, the most frequently cited metric to gauge the
health of venture capital firms, declined 8.4% for the period ending
September 30, 2009.
The Chicago
Public School Teachers’ Pension & Retirement Fund (CTPF) and the
City of Atlanta Firefighters' Pension Plan filed the lawsuit over
securities lending losses.
The
potential takeover of Northumbrian by its largest shareholder
illustrates the lure of infrastructure to
investors seeking long-term stable cashflows.
