Pacific Investment Management Co., the manager of the world’s biggest bond fund, has hired John Devir for its credit-analyst team -- after he accepted a position as a managing director at Harvard University’s $27.6 billion endowment.
Three Louisiana state pension funds’ failed attempts to withdraw assets from hedge fund Fletcher Asset Management have drawn the attention of the Securities and Exchange Commission.
The funded status of the average U.S. corporate pension plan rose 0.8% in June to 88.5% as assets fell less than liabilities, BNY Mellon Asset Management has said.
Superannuation funds are predicting that the Gillard Governmentʼs new carbon-pricing scheme will lead to greater investment in clean energy and clean technology.
The Fed’s Senior Credit Officer Opinion survey shows that banks are offering more favorable credit terms to large investors in an attempt to move back towards traditional bank lending.
According to the latest numbers from Preqin research, institutional investors are considering hedge fund investments that could be worth a combined $195 billion over the next 12 months.
The California Public Employees’ Retirement System has announced that is searching for an investment vehicle that will focus on domestic emerging managers for the pension fund’s private equity program.
News Corporation shareholders have sued the Rupert Murdoch-owned company, alleging that the board failed to exercise proper oversight and take sufficient action since news of phone hacking first emerged at its subsidiary nearly six years ago.
The Commonfund Benchmarks Study of Healthcare Organizations Report revealed that nonprofit healthcare providers averaged 10.9% return on investable assets in FY2010, continuing a positive trend from 2009.
U.S. and European private equity, venture capital, and buyout funds showed strong levels of fund-raising in the first half of 2011, says Dow Jones LP Source.
The Governmental Accounting Standards Board (GASB) has published proposals to improve the way US state and local governments report pension liabilities.
While pension funds are increasingly diversifying into alternative investments, new data from Towers Watson’s Global Pension Asset Study shows schemes remain skeptical about the fees charged by alternative investment managers.
Martin Jack, the former director of IBM's in-house pension and risk management consulting group in Europe, has died of a heart attack. By Jay Vivian, retired Managing Director, IBM Retirement Funds.
