Asset Allocation

Despite Pessimistic Outlook, CIC Seeks European Investment

Lou Jiwei, head of China’s $300 billion sovereign wealth fund, has said that even though global economic growth will likely slow next year with Europe being “most pessimistic,” the fund will continue to seek investment in some parts of the continent.

UK Report Advises Gov't to Step Up Commitment to Infrastructure

As the UK suffers from "some of the most congested and problematic infrastructure," a report by the London-based Business Infrastructure Commission has concluded that the government should provide incentives to encourage pensions to invest in large-scale projects.

Study: Canadian Funds Accelerate Move to DC

A new survey of more than 150 Canadian pension plan sponsors from global professional services firm Towers Watson indicated that the majority of executives believe that the defined benefit funding crisis will persist for the long-term.

PIMCO to Release $600 Million REIT IPO

Pacific Investment Management Co. is forming a new real estate finance company that intends to acquire residential and commercial real estate-related debt.