The $300 billion pension is celebrating a reversal of a decision to impose huge cuts on public workers’ pensions.
Consultants could be breaking US law by recommending their own investment management services, a government official has said.
will decide next week whether Detroit’s plan to slice $7 billion of debt is feasible.
The UK government’s financial backing of BT’s pension fund has been called into question following a European court ruling.
Pension funds will have to disclose hedge fund, private equity, and infrastructure exposure on a quarterly basis as Denmark grapples with “prudent person” guidelines.
JP Morgan has asked a judge to throw out a case because it claims it had full discretion over investment choices.
Libya’s sovereign wealth fund is chasing Goldman Sachs to recoup more than $1 billion.
A bankruptcy judge has verbally ruled that CalPERS is no more important than other creditors.
A reported SEC investigation is just the latest blow to the fixed income giant.
New Jersey’s no-holds-barred politics have swept up the state pension fund, as a union lobs claims of impropriety at the board chairman. Leanna Orr investigates.