According to Deputy Mayor Robert Steel, New York City should put more cash into international equities and fixed income, inflation-protected bonds, commodities, currencies, and real estate to improve returns.
Credit rating agency Standard & Poor’s announced yesterday that it may downgrade US Treasury bonds from their current AAA rating if the large-looming debt ceiling problem is not resolved.
In an uncommon partnership, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board of Canada joined together with buyout firm Apax Partners in a leveraged buyout of Kinetic Concepts Inc.
Britain's Office for Budget Responsibility has revealed that the total liabilities for the pensions of teachers, policemen and civil servants totals £1.13 trillion.
Pacific Investment Management Co., the manager of the world’s biggest bond fund, has hired John Devir for its credit-analyst team -- after he accepted a position as a managing director at Harvard University’s $27.6 billion endowment.
The funded status of the average U.S. corporate pension plan rose 0.8% in June to 88.5% as assets fell less than liabilities, BNY Mellon Asset Management has said.
Superannuation funds are predicting that the Gillard Governmentʼs new carbon-pricing scheme will lead to greater investment in clean energy and clean technology.
Martin Jack, the former director of IBM's in-house pension and risk management consulting group in Europe, has died of a heart attack. By Jay Vivian, retired Managing Director, IBM Retirement Funds.
