Fueled by the entrepreneurial culture in the United States, asset owners have retained an appetite for innovation where specific principles are met, a new study shows.
Australian superannuation funds need to begin preparing themselves for impending regulatory reform to avoid being caught flat-footed, consultants have warned.
New research by Citi Prime Finance shows institutional investors had approximately $1.1 trillion in hedge funds in Q1, while an increasing number of fund managers have shifted to direct hedge fund investing following the financial crisis.
A class action lawsuit has been filed on behalf of employees in Alabama's state pension plan, raising questions over investments in golf courses, condominiums, hotels, and resorts.
In a deal that mirrors New Jersey’s, the Canadian province’s massive pension system will see its deficit erased via an increase in contributions from the government and members.
Recent statements by the heads of the China Investment Corporation and the Chinese Social Security system express faith in the Euro – and concern over the value of the U.S. dollar.
The New Jersey Assembly has overwhelmingly passed a bill that Governor Chris Christie has trumpeted as necessary to shore of state finances – but which teachers have lambasted as unnecessarily harsh.
Proposals being created by the Governmental Accounting Standards Board will force most US states and towns to increase the level of unfunded liabilities they report on their balance sheets.