Liabilities are rising for defined benefit schemes, and most companies offering them blame Quantitative Easing, according to a survey by law firm Squire Sanders.
The Securities and Exchange Commission has charged New Jersey-based hedge fund firm Yorkville Advisors with fraud, alleging they overvalued assets under management and exaggerated returns.
The largest public pension in the US is pursuing an investment policy for a new multiclass strategic partnership program that will invest up to a total of $8 billion with four investment managers.
Both mega-funds are getting active, backing a shareholder proposal to split Rupert Murdoch's Chairman/CEO role into two, and CalSTRS is pushing to oust him from both.
While smaller hedge funds are the long-term winners when it comes to performance, large funds outperform small funds in tough times, a new analysis shows.