New York Attorney General Andrew M. Cuomo's civil suit against Ivy Asset Management and two senior executives puts asset managers on the hot seat, yet the execs say they plan to fight the allegations.
Barbara Novick at BlackRock said the new regulatory-overhaul legislation would be the poster child for unintended consequences.
MetLife Assurance surveyed defined benefit pension scheme sponsors and trustees to understand how they viewed certain investment, liability and business risks.
Alfred R. Villalobos, a former CalPERS official accused of serving as a placement agent, denied fraud accusations in a statement yesterday, saying the attorney general's suit against him was filled with significant factual errors.
Transurban, Australia’s biggest toll road operator, plans to raise enough capital to finance its acquisition of Sydney's troubled Lane Cove Tunnel.
The largest U.S. public pension fund said it believes if the Goldman chair is not the CEO, the board may be able to exercise stronger oversight of management; Goldman CEO Lloyd Blankfein faced shareholders at the annual meeting Friday in New York.
Yngve Slyngstad, head of Norges Bank Investment Management, the central bank’s asset management arm, said he sees market turmoil as an opportunity and not a threat.
Head of Global Consulting at Strategic Insight Daniel Enskat examines the influence of mutual funds in turbulent economic times.
The Conservatives, headed by David Cameron, lead Labour in the seat count in the House of Commons, but exit polls suggested that Conservatives would fall short of the 326 seats needed to form a majority by about 20 votes.
More than 24 sovereign wealth funds will meet in Sydney this week for a three-day closed conference.
The state is suing California pension fund officials Federico Buenrostro Jr. and Alfred R. Villalobos for their role in an alleged scheme to obtain business for investment firms, providing pension officials with luxury trips and other gifts.
A report by State Street Global Advisors (SSgA) reveals insurance companies, pension funds and endowments are becoming more receptive to ETFs.
The agencies all gave "triple-A" ratings to several structured investment vehicles that collapsed in 2007 and 2008.
New findings by Pension Capital Strategies show 2010 will be a tough year for UK pension schemes.
Auditors found that PBGC, which protects workers’ benefits when a company defaults on its pension plans, suffered from a "material weakness," the accounting equivalent of an F grade.