Energy through Waste: a New Pension Investment Trend
Pensions are tapping into a need for more energy—and an increasingly disposable society.
Newsmakers
Massive Layoffs Ahead on Wall St, Subprime Prophet Says
Unprecedented downsizing could affect up to 100,000 workers, Meredith Whitney has predicted.
Private Equity Buys eSecLending as Veteran Takes the Helm
Starble reappears as eSecLending gets a new owner.
The Non-Financial Factors Impacting Return Projections
A study has found that framing returns and past performance, along with certain characteristics, correlates with varying future performance projections.
Pension Funds Stand Firm on Housing Bond Terms
Iceland’s government is warned pension funds will only accept full compensation if it wants to amend the terms on the home loan bonds.
Goldman Sachs' Rothesay Life for Sale
Goldman Sachs plans to sell the UK insurer and pension risk transfer powerhouse in the wake of Basel III capital requirements.
Church Pension Appoints Bond Specialist to Board
As deficits widen, one pension fund decides technical knowledge is needed.
When Infrastructure Investments Sour
Australia’s Macquarie is set to pull its capital out of a subway expansion over a fare dispute with local government.
Canadian Pensions Face Longevity Hike
Is the Canadian pension success story about to unravel?
New Global CIO for Russell Investments
Fixed income CIO Jeff Hussey has been promoted to the top job.
Minnesota State Pension Head Steps Down After 32 Years
Howard Bicker’s retirement launches a nationwide search for a new leader of the $65 billion fund.
CalSTRS Ups Salary for Vacant Deputy CIO Role
CIO Chris Ailman wants “a true second in charge,” and the fund’s board has approved a salary commensurate with that.
China Calls on International Investors for Infrastructure Push
If you still believe in the China growth story, here’s your chance to be part of it.
OMERS Trustees Needed, Finance Novices Need Not Apply
Ontario’s public pension funds want boards comprised of the financially literate—and yes, there will be a test.
Sun Sets on Super CEO
Queensland-based super fund accepts resignation from its chief executive.