According to Andrew Ang, professor of business, finance and economics at Columbia University, endowments around the country need to do a better job at figuring out how to allocate money among liquid and illiquid assets.
The Abu Dhabi Investment Authority (ADIA) is investing $475 million in Goldman Sachs' hotel portfolio.
A Houston pension plan has sued Highland Capital Management, the debt manager with about $22 billion in assets under management, and JPMorgan Chase & Co. over claims that willful looting led to the shutdown of the Highland Crusader Fund.
Evaluation Associates marks Mercer’s second investment consulting acquisition in 2011, highlighting its drive to expand in the US.
LaSalle Investment Management won a $200 million mandate from the Texas Teachers' pension fund, matching an earlier investment allocated to real estate around the world.
The US Securities and Exchange Commission has adopted new rules to expand its authority to reward whistleblowers with the use of financial incentives.
A North Carolina-based manufacturing company has used pension plan assets to purchase a “portfolio protected buy-in" policy, transferring investment and longevity risk to a Prudential Financial Inc. unit.
Two studies from the Commonfund Institute have revealed that foundations and operating charities have reported an average investment return of 12% in fiscal year 2010 — marking the second consecutive year of double-digit growth, yet a hefty drop from the average investment return from 2009.
According to Fitch’s latest European senior fixed-income investor survey, Europe's sovereign debt crisis remains a major worry with 64% of respondents, up from 56%, expecting developed market sovereigns to face their biggest refinancing challenge.
Swedish pension fund AP2 has decided to establish a joint venture with US pension fund/asset manager TIAA-CREF, with a goal of investing in agricultural real estate in the USA, Australia and Brazil.
Aiming to increase efficiency while lowering waste and redundancy, the nation's largest public pension fund has captured $963 million in cost savings in 2010, with an additional $287 million of savings targeted in 2011.
While ETFs encompass a fraction of institutional investor portfolios, a burgeoning number of these institutions plan to up their use of these investing instruments in the future.
The Securities and Exchange Commission (SEC) is looking into whether both State Street and BNY Mellon misrepresented how they intended to conduct foreign exchange trades.
Jeffrey Baker, an SDCERA official, is alleging as part of a complaint that his job is being eliminated because he raised concerns over outside consultant Lee Partridge's risk limits, yet Partridge denies the assertions.
Connecticut Retirement Plans & Trust Funds has selected Hewitt EnnisKnupp and Russell Investments as semifinalists for its new general investment consultant.