Newsmakers

Korea and Barclays, Sensing an Opening, Pounce on Resources

In further evidence of the resurgence in resources and the willingness of SWF to partner with western investors, British bank Barclays is in talks with the South Korean Natural Resources Fund about joint investments in Africa, Asia, and Latin America.

Keith Ambachtsheer, Conscience of the Pension World

Ambachtsheer, the Director of the University of Toronto’s Rotman International Centre for Pension Management, has been talking about pension governance for years. It will come as no surprise, then, that ai5000 sought out the man who, if anyone can be, is the conscience of the pension world.

Sensing a Trend, Institutions Invest in Green

While some continue to refute that human action is causing global climate change, institutions—sensing a trend—gradually are allocating funds to green investing.

In Signs of Change, CPPIB Goes for Growth

Often focusing more on infrastructure—dams, roads, railways—the Canadian Pension Plan (CPP) has joined forces with venture capitalists to buy Internet communications company Skype, possibly signaling a move toward riskier assets for Canada’s large defined benefit plans.

In Symbolic Move, FSA Shutting Defined Benefit Scheme

Although small fish itself, the regulator’s initiative to move existing final-salary scheme members into a defined contribution plan signals the end of an era – and may in fact encourage others to do the same.

Despite Liquidity Fears, an Institution Creeps Into PPIP

PPIP, the government program to take ‘toxic assets’ off the books of banks, has received a lukewarm response in America; the Chinese Investment Corporation, however, is reportedly putting up $2 billion to invest in this mortgage-backed securities program.

Sally Bridgeland

Bridgeland is Chief Executive of BP’s giant pension scheme. The willowy ex-consultant shared her thoughts with ai5000 in-house about management, hedge funds, and the demerits of pension buyouts.

In A Possible Sign of Recovery, Harvard Endowment Starts Hiring

The Harvard endowment has been lambasted by critics for an illiquid investment strategy and an overly ambitious infrastructure expansion plan, but in possible signs of a turnaround at the world’s largest university endowment, hiring has started once again.