Fund Manager Survey: Global Economy May Wane but Recession Will Be Avoided
According to a BofA Merrill Lynch Survey of Fund Managers, cash holdings are close to credit crisis highs in the wake of an equities sell-off.
Home Listing
Report: Global ETF Assets to Hit $4.7 Trillion by 2015
According to a report by consultant McKinsey & Co, global ETF assets under management are expected to grow to as much as $4.7 trillion by the end of 2015.
Oregon Scheme Selects Russell for US Index Mandate
The Oregon Investment Council is the second US public plan to select Russell's new index.
Bond-Fund Star Gundlach: 'There Was Nothing Special About TCW Data'
Jeffrey Gundlach has told a jury that he had no use for data from TCW Group Inc., his former employer, to start a rival firm because there was nothing special about it.
US, European Legislation Prompts Banks to Reshuffle PE Branches
European and US legislation has encouraged significant changes within private equity divisions of banks worldwide, according to data provider Preqin.
Following S&P's Downgrade, CalPERS Boasts AAA Rating; CalSTRS Trails Behind
The California Public Employees’ Retirement System has kept its AAA credit rating for the pension fund’s credit enhancement program from Fitch Ratings, while the California State Teachers' Retirement System (CalSTRS) has achieved AA+.
Study: Money Manager Compensation to Drop
A report by Johnson Associates shows that money management incentive compensation projections are “down considerably” from up to six months.
Survey: Oligopoly Developing With LDI Providers Among UK Schemes
A KPMG survey has found that while a growing choice of liability-driven investing solutions are now available, an oligopoly is developing in the UK's LDI market with just three providers managing over 80% of assets.
Consultant Study: Risk-Transfer Deals Spike in Q1
Analysis by Hymans Robertson has found that scheme risk transfer deals were up 400% at the end of Q1 in the UK.
Madoff Trustee Sues ADIA for $300 Million
The trustee charged with recovering funds for victims of Bernard Madoff's Ponzi scheme has sued the Abu Dhabi Investment Authority (ADIA), alleging it received $300 million from a major Madoff feeder fund.
Opposite Views on US Real Estate by Danish Scheme and CalPERS
Denmark's largest pension fund, ATP, and the largest pension fund in the US have made opposite moves in regards to US real estate.
ETF Guru Deborah Fuhr to Join BofA After Quitting BlackRock
After leaving BlackRock last month as its head of exchange traded fund research, Deborah Fuhr is reportedly joining Bank of America Merrill Lynch (BAML).
Florida Pension Sues BNY Mellon for Overcharging State
BNY Mellon has been accused by Florida of allegedly failing to give the state the best prices when making foreign currency trades for their state pension funds.
Despite Market Turbulence, Buffett Remains Bullish
The Oracle of Omaha and chief investment officer of Berkshire Hathaway is optimistic about economic recovery despite recent market volatility.
Survey: Schemes Are Overcharged for Services
An actuarial fee survey has found that schemes in the UK are being overcharged for core services.