PIMCO’s Total Return to Hold Zero US Government Debt
According to Bill Gross, the $273 billion fund will, for the first time in over two years, remove all American government debt from its holdings.
Asset Allocation
Japan's PFA Pressured to Boost PE Allocation
Similarly to Japan's Government Pension Investment Fund (GPIF), the chief investment officer of the country's Pension Fund Association (PFA) has said it must take on more risk to improve returns as the proportion of people over 65 years old in Japan stands at a record 21%.
Pyramis Poll Shows European Pensions Prioritize Managing Volatility in 2011
Pyramis' most recent survey of some of the largest defined benefit plans shows changing investment outlooks and continued caution given recent experiences with above average market volatility and a low‐return investment environment.
Report: Despite Market Rebounds, States Won't Be Able to Pay Pension Benefits
A report from Wilshire Associates has shown that while funding for US state pension plans improved in 2010 as the economy recovered, state plans still fell short of assumed rates.
Investors Foresee $200 Billion of HF Inflows in 2011
A Deutsche Bank report shows hedge funds are on an upward trend in 2011, with investors predicting $210 billion of net inflows into the hedge fund industry this year.
SWFs Reach $4 Trillion, Continue to Flock to Alts
A new report by Preqin has found that 2010 has been the second year running in which assets under management among sovereign wealth funds have increased by 11%.
Severity of Nation's Public Pension Crisis in Question
A new report by the Center for Economic and Policy Research urges a closer look at shortfalls faced by state and local pension funds, arguing that most states face pension shortfalls that are manageable, especially if the stock market does not face another sudden reversal.
China Securities Regulator Encourages Pensions to Boost Investments
In order to meet local companies' demand for capital, China's securities regulator has urged the government to allow more funds to participate in the country's securities market.
Middle East Unrest to Spur Investment
Despite fears about investment in the Middle East, turmoil in the region is likely to accelerate growth, making the region increasingly attractive for investors, according to ING Investment Management.
Investment Risk Biggest Worry, HF Investors Say
The latest Credit Suisse Annual Hedge Fund Investor Survey has revealed that a focus on risk management issues is continuing to grow, with investors increasingly concerned about high standards of due diligence.
CIC 'Eagerly Awaiting' Gov't Funding
Wang Jianxi, executive vice president of the China Investment Corp., has said he is awaiting a government fund injection while warning about the inflationary problems in emerging markets, calling them "serious."
NY Police Pension Finally Ventures Into HFs
New York City has approved an investment of $23 million from the police pension fund into a hedge fund-of-funds.
SWFs View Mid-East Conflict as Nonthreatening, Opportunity in Commercial RE
Patrick Thomson, head of J.P. Morgan Asset Management's sovereign wealth fund client group, notes that he sees opportunity in real estate and that as a long-term investor, conflict in the Middle East has not spurred huge changes in investment policy.
Mercer Shows S&P 1500 Pension Deficits Fall $14 Billion
Mercer's latest research has shown that the funding deficit has been cut nearly in half from August 2010 low of $500 billion.
Russell's '$20 Billion Club' Sees Sharp Increase in Assets, Liabilities
According to a report from Russell Investments, public corporations with worldwide defined benefit plan liabilities of more than $20 billion each experienced a large increase in both assets and liabilities in 2010.