Mohammed El-Erian, chief executive officer of Pacific Investment Management Co. (PIMCO), has warned that the European Union risks wasting billions and possibly precipitating a wider sovereign debt crisis as a result of inaction in Greece.
The CIC is targeting mining, real estate, and infrastructure investments in the Americas as demands for energy are expected to climb as incomes rise in emerging markets.
Former Federal Reserve Chairman Alan Greenspan declared in a June 16 interview that a Greek default is “almost certain” and could precipitate another U.S. recession.
Following new investment leadership at Norway's sovereign wealth fund, the oil fund may have more flexibility to invest in new asset classes such as roads, gas pipelines, and unlisted shares.
A new study shows European investors rank interest-rate risk as a top threat to their investments, followed by a stock market fall and Europe's sovereign debt crisis.
A report by consultancy Cambridge Associates has found that private equity funds in the United States have $376 billion in leftover capital, called "overhang."
After a months-long debate stretching back to February, New Jersey Governor Chris Christie has reached a deal with the state’s Democrats to overhaul the pensions and benefits of public employees.
Ohio's treasurer has asked the state's attorney general to look into the foreign currency exchange practices of the two largest US custodians -- State Street and BNY Mellon -- which oversee pension fund holdings.
Shareholders of Vancouver-based TimberWest Forest Corporation have overwhelmingly approved a $1.03 billion takeover by two Canadian public pension plans.
The CEO of the International Securities Lending Association Kevin McNulty warned that hedge funds are abandoning short-selling because of uncertainty over looming European Union regulations.
