With Charges of Bribery and Corruption, CalPERS to Increase Transparency
Middlemen got $125 million from private investment funds for arranging deals with CalPERS.
News
SWFs Raise the Bar: From Passive Shareholders to Active Investors
SWFs are urged to take more active roles in the companies in which they invest.
Size Does Matter: CalPERS Invests in Infrastructure Projects
The biggest US public pension fund plans on bringing infrastructure investments up to 1.5% of its total market value by the end of 2010.
Shares Plunge 81% as Japan Airlines Forges Ahead With Restructuring
The
struggling Japanese carrier faces bankruptcy with benefits cut and new CEO.
Financial Crisis Committee Begins Hearings; Blankfein Takes the Train
The FCIC, established to investigate the financial crisis and make recommendations to Congress, begins its hearing in Washington today.
Mercer Survey: Equities Boost US Pension Ratios
A Mercer study shows the improvement in financial markets last year added billions to companies' balance sheets.
Trying to Save Pension, AA Stands Its Ground
AA
hopes to keep its retirement plan open to new joiners.
Best Year for Hedge Funds Since 1999; Venture Capital Suffers
While hedge funds had their best year in a decade, venture capital fundraising suffered.
Survey: Pensions Increase Funds Scrutiny; Assets Shift
Review signals widespread review of managers and revised asset allocation.
Abu Dhabi SWF Will Refine Its Investment Stategy
U.S. treasuries will remain a key diversification tool.
Report: Private Equity Fundraising Has Gloomy Expectations for 2010
After a dismal 2009, the private equity space still looks bleak.
Illinois Pension Fund Sues Goldman Over Bonus Plans
Suit says bonuses "highlight the complete breakdown" of corporate oversight, saying Goldman’s payouts harm shareholders.
Survey: Japan Pensions Rise From Financial Crisis to Post 11.5% Profit
Increases in global equity prices helped lift returns of Japanese corporate pension funds.
Barclays Pension Fund Boosts in-House Investment Team
Nick Stacey has been named associate director of manager selection at the £16 billion ($25.6 billion) Barclays U.K. Retirement Fund.
Blackrock’s Doll: Buy Stocks; U.S. Economy Outruns; Health Care Wins
Predictions for 2010 and the upcoming decade from Bob Doll at Blackrock, the world’s biggest asset manager.