Canada's pensions are looking to swoop in to purchase a 30% stake in Potash Corp. to maintain control of the fertilizer company in Canada while at the same time encouraging Chinese investment.
The consultant firm is establishing limits of liability to curb risk.
Following news of expected losses, the New York State pension reneged on a $300 million commitment to Morgan Stanley’s real estate investing group.
Two weeks ago, the Securities Exchange Commission and Commodity Futures Trading Commission revealed the possible causes of the May 6th Flash Crash. Since you can't stop traders from making bad trades, what's to stop another Flash Crash from happening tomorrow? aiCIO's Joe Flood reports.
Andy Banks, head of corporate governance at Legal & General Investment Management (LGIM), says the UK's Stewardship Code has given shareholders the essential ability to consult with each other when issues arise at companies in which they invest.
DE shaw is getting some flack for a Southwestern real estate misadventure.
The National Pension Service, the fourth-largest pension in the world, has partnered with US private equity firm Kohlberg Kravis Roberts & Co. to acquire oil giant Chevron’s 23.4% stake in Colonial Oil Pipeline Company.
Amid criticism of CalPERS' poor returns and conflict-of-interest questions, the biggest US public pension said it is severing its 21-year relationship with Pacific Corporate Group as it revamps its private-equity program.
PotashCorp. has attracted heightened interest from rivals trying to top BHP Billiton's takeover offer.
In response to a call by Britain's former City minister Lord Myners for major shareholders to look to the longer term, a leading fund manager condemned Twitter for contributing to a society keen on instant results without regard to what will happen years into the future.
Canada Pension Plan Investment Board has agreed to buy an additional 10% stake in the 407 Express Toll Route near Toronto for $879 million.
In the biggest deal ever involving a benefits consultant, the $4.9 billion acquisition will likely strengthen Aon's drive into human resources consulting.
The deal between Onex, the Canadian private equity firm, and the Canada Pension Plan is valued at $5 billion, making it the largest private-equity deal this year.
The $300 billion sovereign wealth fund's supervisory board Chairman Jin Liqun said at an address at the Super Return Asia 2010 conference that the CIC will not invest in areas with repuational risk -- such as defense, casino and alcohol-related sectors -- and sees more room to collaborate with global institutions.
South Korea's National Pension Service has committed to invest $300 million in troubled North American real estate through Townsend Group, the latest sign that foreign investors are delving into US property in hopes of steady return and rebounding markets.