CalPERS Supports Emerging Managers
The $236 billion California public pension said it has allocated $400 million toward three emerging managers in the pension fund's Manager Development Program II for public investment.
Asset Allocation
Peru Pensions to Permit More Investment Abroad
Peru's Congress will let the country's privately-run funds, which manage around $30 billion in pensions, to invest more overseas.
States Faced Higher Than Expected Shortfall in 2008
A report released today by the Pew Center on the States provides another glimpse into how badly US state pensions were battered by the recession.
Northern Trust: In Contrast to Popular Belief, Active Managers, Equity Overweighting Spur Strong Returns
Superior active manager performance and gains in equities have propelled returns of US pension plans as well as endowments and foundations in the Northern Trust universe.
CIC Chairman Seeks Emerging Markets
The chairman of China's $300 billion sovereign wealth fund has said that the CIC will target emerging economies, following his remarks that recovery in emerging markets will repair the global economy.
Study: UK Pensions Slash Equities
British pension schemes are slashing their weightings in UK equities as part of a switch to fixed-income and international strategies, according to research by BNY Mellon.
PGGM Becomes More Picky to Generate Investment Return, Add Social Value
Asset manager PGGM has increased its socially responsible investment (SRI) and has continued incorporating ESG factors into its overall investment policy in 2010.
UTIMCO Bullion Buy: Political Statement or Prescient Investment?
With the purchase of $1 billion worth of physical gold at record prices, some are wondering whether UTIMCO is making an investment decision – or a political statement.
Buoyed by Institutional Investor Activity, Hedge Fund Assets Reach Peak
A greater flow of institutional money and efforts to increase transparency and accessibility have helped boost the hedge fund industry to its all-time high in assets under management.
Fed Report: Threat of Municipalities Defaulting May Be 'Overblown'
Despite turbulent economic times and bigger anticipated payments to underfunded public pensions, a new study has indicated that few municipalities will default on debt.
Premier Destination for Emerging Market PE Investors: Brazil
A study by the Emerging Markets Private Equity Association and Coller Capital has found that Brazil will be the most attractive emerging market country for private equity investors in the next 12 months.
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.
Australian Investors' Approach to Private Equity: Cautious Yet Positive
Australian investors are still interested in private equity and venture capital investments, but are taking a cautious approach to investment, Preqin has found.
Survey: Hedge Funds With Minimal Lockup Periods Woo Investors
Investors are increasingly turning to hedge funds with short lockup periods, a study by Goldman Sachs Group reveals.