The Ontario Municipal Employees Retirement System, which earned a 12% return last year as its net assets grew to $53.3 billion, is seeking to compete against banks and insurers to administer the new pooled registered pension plans (PRPPs).
California’s Little Hoover Commission, an independent state agency created to develop recommendations to control state and local government pension costs, found that the 10 largest pension funds faced a combined unfunded liability of $240 billion in 2010.
The Caisse de Depot et Placement du Quebec has almost rebounded from a disastrous 2008 performance, with infrastructure and private equity holdings helping the investment giant to outperform its benchmark index by 4.1%.
Tony Tan, the Government of Singapore Investment Corp's (GIC) deputy chairman, has said that the sovereign wealth fund will continue to look to the US as a prime investment destination despite global economic turbulence.
A report commissioned by the IRRC Institute and conducted by Institutional Shareholder Services Inc. has revealed that between investors and public US corporate issuers, engagement is high and increasing, with wide variances in duration, prioritization and definitions of success.
A study based on fund managers overseeing 80% of UK pension scheme assets shows that in the year to September 30, market performance alone accounted for an 11% increase in management fees.
The Korean National Pension Service (NPS),the world's fourth latest pension, is aiming to broaden its portfolio this year by investing $4 billion oversees in alternative assets, including infrastructure.
