The US’ second-largest university endowment reported today that its fund rose to $16.3 billion in the year to June, yet remains well below its 2007 peak valuation of $22.9 billion.
As part of the Dodd-Frank bill, about 1,000 unregistered placement agents for institutional money managers will have to register with the Securities and Exchange Commission by October 1.
South Korea's National Pension Service has committed to invest $300 million in troubled North American real estate through Townsend Group, the latest sign that foreign investors are delving into US property in hopes of steady return and rebounding markets.
The firm has found that continued M&A activity has been driven by downward pressure on fees and more scrutiny on the value of returns.
The Employee Retirement System board of trustees voted to terminate Greenwich, Connecticut-based Breeden Capital Management.
A new survey by Aviva, the UK’s second-biggest insurer, has found that the pensions gap in Europe is equivalent to 19% of the European Union’s 2010 GDP, providing evidence that unless individuals increase their saving for retirement the majority will face a seriously reduced standard of living.
In a speech that comes just before the SEC's report on the "flash crash," the regulator's chairman provided an early indication of how her agency wants to construct a more scrutinized derivatives market.
The consultancy group Mercer has revealed that accounting measures of the liabilities of defined benefit (DB) schemes in most developed economies have seen marked increases in liabilities due to declining corporate bond yields.
Fitch Ratings has said European asset managers must restore investor interest in actively managed investment through greater transparency on their products, processes, and communication.
A $452 million bid for the city’s parking system, if approved by City Council, would allow Pittsburgh’s 25% funded pension to avoid the fate of being taken over by the state.
China's $300 billion sovereign wealth fund has stated it "has doubts" in investing in old line automakers and must instead invest in relatively conservative and stable industries "that will survive 50 years from now."
Three-quarters of surveyed companies saw asset allocation to their liabilities as a 'major risk' for balance sheets.
Following allegations of influence peddling at the nation's largest public pension fund, CalPERS has revamped its governance policies, and its latest reforms are designed to help better manage risk and restore accountability.
The latest quarterly “flow of funds” report issued by the central bank reveals US corporate defined benefit and defined contribution plans had combined assets of $5.32 trillion as of June 30, a dip from three months prior.
Morgan Stanley lawyers have argued that shareholders had not shown legal standing to seek damages at trial and are seeking to dismiss their lawsuit, partly on grounds that the allegations were too vague.