The Government of Singapore Investment Corp. has offered to pay $1.5 billion to buy five resorts that include Grand Wailea Resort Hotel & Spa in Maui, Hawaii, and the Doral Golf Resort & Spa in Miami.
As part of its pursuit toward assets with long-term income streams, the Canada Pension Plan fund is boosting its real estate and infrastructure holdings.
Research by Cogent Research has shown that in a survey of 590 institutional investors, PIMCO and Loomis Sayles came out as the most preferred in terms of investment performance and philosophy.
According to an SEI poll, pension plan sponsors say their number one priority for the coming year is finding a way to control funded status volatility.
The 2011 Credit Suisse Global Investment Returns Sourcebook has shown that the average annualized returns for the 19 countries in the authors’ worldwide sample were 5.4% for bonds and -0.4% for stocks, warning that future returns for bonds are likely to be far lower.
Results from an analysis based on Eager, Davis & Holmes’ Tracker Hiring Analytics database shows US institutional investment manager hires rebounded in 2010 relative to a low water mark set in 2009.
According to the latest research by consultant firm Towers Watson, US pension fund assets reached $15.3 trillion in 2010, up 11% from 2009, with global institutional pension fund assets hitting $26 trillion.
According to the latest quarterly CIO study by KBW analysts, the outlook for active equity has modestly improved, while alternative strategies in particular seem poised to generate new flows.
Wesleyan University's Chief Investment Officer Anne Martin is implementing a new philosophy following the scandal of Thomas Kannam, the endowment's former CIO who left the school after being sued for spending most of his time on outside business ventures, despite having a contract that prohibited such behavior.
With the New Zealand Superannuation fund’s purchase of farmland, expected to top US$380 million in value in the coming years, further proof is seen of a growing trend among institutional investors.
