Court documents show Lehman Brothers Holdings executives, including former Chairman Richard Fuld, are seeking the release of $90 million in insurance funds to settle a potential multibillion-dollar lawsuit brought by shareholders.
According to JP Morgan, institutional investors are increasingly rebalancing their portfolios following recent market volatility, targeting investments in high-dividend equities, active emerging markets and selective commodities.
Research conducted by Russell Investments warns that the growing trend for mergers among Australia's industry superannuation funds may not be serving the best interests of members.
The Abu Dhabi Investment Authority (ADIA) aims to streamline relationships with external fund managers to aid in pooling information within the organization, Reuters has reported.
The California State Teachers' Retirement System (CalSTRS), facing massive funding shortfalls, has been labeled a "high risk" problem for California by the state auditor.
Even with New Jersey Gov. Chris Christie’s proposed public pension reforms, Fitch Ratings has downgraded the State of New Jersey's outstanding general obligation (GO) bonds to 'AA-' from 'AA'.
The University of Texas Investment Management Co. is expanding derivative use to hedge against a euro-region debt default or a collapse in the dollar, while simultaneously upping limits on commodities including gold, Bloomberg has reported.
Jeffrey Gundlach has told a jury that he had no use for data from TCW Group Inc., his former employer, to start a rival firm because there was nothing special about it.