Internal emails from the Pension Benefit Guaranty Corporation have emerged that could pose tricky questions for the Treasury Department over its involvement in the decision to terminate Delphi Corp.’s non-union pension plan in 2009.
In the wake of General Motors’ $29 billion purchase of a group annuity from Prudential, Moody’s Investors Service has predicted that five other big players will follow suit.
A proposal to create universal retirement accounts in the US could have huge effects on the investment consulting and asset management businesses—but the devil is in the details.
As Knight Capital fights for its survival, investors should learn from its failures to protect their future capital against illiquidity, wide market fluctuations, and ultimately losses, industry commentators say.
Faced with a year of stock losses and record-low interest rates, New Jersey's $69.9 billion public pension system has missed its return target of 7.95% for the fiscal year as Indiana's scheme has reduced its target to the lowest among schemes nationwide.
Profit among asset management firms globally is at risk as choppy markets take a bite into profit, according to an industry analysis surveying 96 money managers worldwide.
It's all about strategy in staffing investment departments at public pensions and sovereign funds, according to a new white paper by AIMCo Deputy CIO Jagdeep Bachher and economist Ashby Monk.
The Federal Reserve’s August 1 meeting could bring news of a fresh round of quantitative easing, something that could bring ecstasy to markets but some pain to institutions investing against liabilities.
