BNY Mellon Survey: HFs and SWFs Exert Strong Appeal
According to a Bank of New York Mellon survey, companies around the world are looking to attract hedge fund and sovereign wealth fund investment.
Asset Allocation
Survey Shows 25 States Underpaid Pensions in 2009
With only 24 of 73 pensions with assets over $1 billion currently considered funded, it's clear that serious issues need to be tackled, the report by Loop Capital Markets notes.
Survey Shows SWF Acquisitions Double in H1, Reflecting Confidence in Global Markets
A report released this week shows the number and value of
acquisitions made by sovereign wealth funds followed by the Monitor
Group and Fondazione Eni Enrico Mattei (FEEM) doubled in the first half
of 2010, with SWFs spending the most money in Europe, which accounted
for 40% of the total expenditure, followed by North America, which
accounted for about a third of the total value of deals, or about $7.5
billion.
Milken Institute Says California’s Public Pensions Need Overhaul to Address Funding Shortfalls
A new study concludes that raising the retirement age and increasing employee contributions is only the first step in addressing California’s mounting public pension liabilities.
Survey Shows World's Largest Insurance Companies Lean on Outside Expertise
A new study shows the world's largest insurance companies are placing greater value on outside expertise to oversee their investments.
Survey: US Public Pensions Skimp on Risk Management Staffs
A new study shows that when compared to funds around the world, US public pensions have the fewest full-time risk management employees on average.
Northern Trust Reveals Growing Optimism Among Institutional Investment Managers
A quarterly survey conducted by Northern Trust Global Advisors reveals that institutional investment managers see a double-dip recession as unlikely amid stabilizing markets.
First Fiscal-Year Gain for US Public Plans Since 2007
A US Census Bureau report shows holdings of the 100 largest US public-employee retirement systems rose 6.8% for the 12 months through June, the first fiscal-year gain since 2007.
UK Pension Funding Shortfall More Than Halved in September
Figures released by the Pension Protection Fund show the funding shortfall faced by the UK's defined benefit pension schemes more than halved in September.
Japan's GPIF to Allocate to Emerging Equities
The Government Pension Investment Fund (GPIF), which holds about $1.4 trillion in assets, will pick both active and passive managers to invest in emerging markets for the first time.
Corporate Pensions Enjoy Positive Swing in September
The latest update to the Milliman 100 Pension Funding Index, which consists of 100 of the nation's largest defined benefit pension plans, shows funded status increased by $67 billion during September.
Swath of Frontier Economies to Create SWFs
Governments in at least nine frontier markets -- in countries in Africa, the Middle East and Asia -- are scoping out the possibility of setting up sovereign wealth funds.
CalSTRS Limits Commodities Investment, Allots $370 Million to Property in Q2
The board of the California State Teachers Retirement System has decided to lower its proposed commodities investment from a reported $2.5 billion to $250 million or less.
Norway to Include PE, Infrastructure; New Strategy Council
In a bid to increase returns, the $471 billion fund has intended to broaden its investments to include infrastructure projects and private equity investments.
Consultancy Rogerscasey Urges Institutional Investment in Africa
The investment consultancy firm favors debt, private equity, infrastructure, agriculture, and timber as African investment sectors.