Hedge fund managers, which now account for one-fifth of all trading volume in the US Treasury bond market, are refocusing their attention on more liquid products, a new study by Greenwich Associates confirms.
The Government Pension Fund Global returned -5.4% (-155 billion kroner) in the second quarter of 2010, weighted down by a decline in global equity markets.
The nation’s second-largest public pension fund shifts away from investing in slower-growing developed countries.
The value of CPPIB's investments has declined US$1.6 billion in the first fiscal quarter, yet the Toronto-based board has enjoyed rising assets, helped by strong contributions.
Next step for the Madison-based investment board of the Wisconsin Retirement System (WRS): "Determining which strategy the board will use for inflation protection and how we'll go about achieving leverage," says the board's Vicki Hearing.
While almost a third of institutional investors plan to increase hedge fund investment over the next year, fewer investors are satisfied with hedge fund performance compared to last year.
On the tail of the firm's Long Duration Credit Strategy’s three-year mark – in which it outperformed the Barclays Capital US Long Credit Index – LGIMA’s US fixed-income head sees further LDI mandate growth in North America.
Legislation passed by the Massachusetts Governor gives the $42 billion fund one year to study and exit any investments that directly or indirectly support the Iranian oil industry.
New survey data issued by the London-based unit of consultant Mercer shows that the costs of rising life expectancy added billions of pounds to the pension bills of the United Kingdom’s largest 100 companies in 2009.
A study by Aon Consulting has discovered that combined pension deficit at the UK's top 200 firms fell by about a quarter between June and July, buoyed by improving equity markets and declining liabilities.
Cambridge Associates issued a report showing VC 10-year returns -- considered the most important measurement of the industry -- were negative 3.7% for the period ending March 31.
Preliminary results of a survey by Capital Market Risk Advisors show US respondents ranked “government changing the rules” as their chief concern for the year ahead.
MetLife Assurance's survey showed pension fund trustees and sponsors are struggling to effectively manage longevity risk, which ranked second only to the measurement of technical provisions and liabilities in importance for respondents.