In its latest research report, Partners Group, a global private markets asset manager with US offices in New York and San Francisco, says says a more differentiated and adapted investment approach is required, calling for a new classification into debtor economies, dependent on external financing, and creditor countries, with healthy balance sheets comprising economies in the Asia/Pacific, Latin America and core Europe regions.
Federal regulators are accusing brokerage firm Stifel Nicolaus & Co. of civil fraud in its sales of risky complex investments to five Wisconsin school districts, which lost all of the $200 million they invested.
Connecticut's second-highest court ruled 3-0 that the town of Fairfiled was indirectly affected by actions of two partners in an investment firm accused of conspiring with the disgraced Bernie Madoff.
Jeremy Grantham of Boston-based Grantham, Mayo, Van Otterloo & Co. (GMO) has asserted that farmland and forestry will outperform the average of all global assets long-term.
While the nation's largest public pension funds have been slowly climbing their way back to pre-crisis levels, the recent market slump has erased billions of dollars in gains.
As a result of exposure to US Treasury and US government agency securities, Standard & Poor's has placed 73 fixed-income funds on credit watch with negative implications.
The $146.5 billion New York State Common Retirement Fund (CRF) has announced a proposed $168 million settlement of its securities fraud class-action lawsuit against National City Corporation over investment losses.
Among institutional master trusts in the Wilshire Trust Universe Comparison Service, corporate funds earned the spot as top performer for the second quarter, while public funds ranked No. 1 for the year.
Hedge fund Paulson & Co. has won a US court battle with the Government of Singapore Investment Corp. (GIC) over a group of luxury hotels which were originally part of the holdings of Morgan Stanley Real Estate Fund (MSREF).
