China's SWF and Exim Bank Team Up in $1 Billion PE Fund
The investment in the fund, which will target Southeast Asian infrastructure and new energy projects, is yet another sign of China's heightened financial importance in the region.
Search results for: Apple
Wisconsin Pension Transfers Assets in-House
The $69.2 billion State of Wisconsin Investment Board is looking to move externally managed international equity assets in-house to save on costs.
NYSE Confirms Price Reporting Delays That Contributed to the Flash Crash
ai5000's Joe Flood digs into the causes of the May 6th Flash Crash — when nearly 1000 points mysteriously disappeared from the market in a matter of minutes — and unearths internal analysis leaked from a Bank That Shall Not Be Named, surprising new data from the market research firm Nanex, and a first-time admission from the NYSE: that there were significant price reporting delays on May 6th, delays which contributed to the Crash.
Former Wesleyan University CIO Sued by CT Attorney General
Connecticut's attorney general alleges that Thomas Kannam's “golf outing of the century” in California, a Super Bowl outing, and a trip to the United Kingdom with his entire family to interview for a job at Cambridge University were flagrant abuses of both his power and of the university's endowment assets.
Pensions Should Follow the Leads of CalPERS and Utah Retirement Systems Over HF Fees
Research house Lipper is encouraging schemes to demand greater explanation and justification on hedge fund fees.
Number of FTSE Firms Providing Final Salary Benefits Drops
Researchers have found that the number of defined benefit pension schemes in the UK has continued to plummet over the past year.
New Jersey Settles SEC Pension Fraud Charges
In the first suit by the Securities and Exchange Commission (SEC) against a state for securities fraud, the regulator claimed that when New Jersey issued $26 billion in bonds between 2001 and 2007, it fraudulently and erroneously portrayed its pension funds as adequately funded.
Despite CPPIB Investment Loss, Strong Contributions Lift Assets
The value of CPPIB's investments has declined US$1.6 billion in the first fiscal quarter, yet the Toronto-based board has enjoyed rising assets, helped by strong
contributions.
LGIMA’s Bender Sees Further American LDI Growth
On the tail of the firm's Long Duration Credit Strategy’s three-year
mark – in which it outperformed the Barclays Capital US Long Credit
Index – LGIMA’s US fixed-income head sees further LDI mandate growth in
North America.
MassPRIM Appoints Michael Trotsky As New Executive Director
The board unanimously approved Trotsky at a meeting Tuesday morning.
Australian Super Funds Return 4.5% Over 10 Years
Data from SuperRatings reveals that the average super fund returns have fallen under the double-digit mark, as Australians would have fared better by putting their superannuation solely into Australian shares for the past decade.
China Investment Corp '09 Profit Reaches $41.7 Billion
Despite a tumultuous 2008, the CIC outperformed many other sovereign wealth funds following the global financial crisis -- the country's $300 billion SWF upped its net profit to $41.7 billion in 2009 from $23.1 billion in 2008.
Goldman, Citigroup and 13 Other US Banks Sued by Mortgage Investor
Cambridge Place Investment Management has sued 15 US banks after losing $1.2 billion on subprime mortgage-backed securities.
US Pension Deficits Near Record High
A new study by consulting firm Mercer shows US pension deficits have reached a record high, revealing a downturn in pension health that erases gains achieved since January 2009.
Norway's SWF Expands Investments in Asia
The fund is following a trend among sovereign wealth investors boosting investments in the Asia-Pacific region.
