Both the $226.6 billion California Public Employees' Retirement System (CalPERS) and the $146.4 billion California State Teachers' Retirement System (CalSTRS) have achieved returns of more than 12% in 2010.
With a low interest rate environment expected to continue, a survey by Towers Watson expects there will be further delay before many Canadian defined benefit (DB) pension plans become fully funded.
The Pension Insurance Corporation (PIC) has offloaded millions of dollars worth in risks as it seeks to free up capital, positioning itself to better compete for new business in the UK.
A survey of public and private pension plans with $2.23 trillion in combined assets shows that a majority of pension executives are doubtful about the growth of securities lending revenue, as plan sponsors increasingly view securities lending as an investment product.
Findings from Coller Capital's latest semi-annual Global Private Equity Barometer survey of 120 limited partners (LPs) show heightened confidence among institutional investors as their private equity programs develop.
In a significant milestone, the largest US public pension is worth as much as when Lehman Brothers Holdings went bankrupt in 2008, Bloomberg is reporting.
Seeking to protect investors through oversight and regulation, the regulatory agency has named Eileen Rominger the Director of Investment Management.
In a Wall Street Journal op-ed, the President said he is announcing the launch of review of US regulations, removing outdated practices that hinder job creation.
In what parent company Allianz called a "natural part" of the bond fund manager’s push from bonds into stocks and other investments, the Pacific Investment Management Co. has planned to assume control over the selling of its mutual funds.
The China Investment Corp. has worked with $200 billion from the central government, which granted the money when the sovereign wealth fund was created in 2007; the second round of investment has been on the radar for more than a year.
In consultant firm Mercer's latest Fearless Forecast survey, investment managers have predicted that Canadian pensions will experience reduced shortfalls, with funds seeing their funded status moving closer to the levels they hit before the market downturn in 2008.
Did private equity shops and banks break the Foreign Corrupt Practices Act by bribing sovereign wealth fund officials?
LACERA Terminates Goldman Mandate From Portfolio; Goldman Promises Greater Transparency to Dodge Conflicts of Interest
The Los Angeles County Employees Retirement Association (LACERA) has reportedly axed Goldman Sachs Asset Management's mandate to bring the core-plus exposure in line with the fund’s fixed-income suballocation targets.
A study by Northern Trust of approximately 97 institutional managers shows expectation of rising inflation and interest rates, as well as increased skepticism about the prospects for emerging markets.
The largest US phone company has announced via an SEC filing that it has changed its method of recognizing actuarial gains and losses for pension and other post retirement benefits.