CalPERS and CalSTRS oppose the Stanford study, which said the state’s three public employee pension systems are underfunded by as much as $500 billion over the next 16 years.
The country’s $114 billion in pension assets are increasingly shifting oversees -- mainly to the US, Brazil and China.
A new study published by Pershing Limited, a BNY Mellon company, and Investance shows major changes in Europe’s fixed income sector are on the horizon.
Canada’s third-biggest retirement-fund manager has a 'confounding' year.
A new survey reveals that by the end of 2010, hedge fund assets will hit about $2 trillion.
Australia’s superannuation industry has responded negatively to the Cooper Review's recommendation of low-cost funds for disengaged investors.
Buoyed by gains in global and domestic shares, returns of corporate pension funds in Japan jumped in 2009/10.
The center of the debate over differences in rewards between private equity managers and their investors: fees.
Some firms say that lucrative commissions paid only for favorable results is a “system that invites corruption,” yet others say placement agents play a useful role.
The third largest endowment among US colleges is searching for a CIO after leaving the post vacant for more than two years.
The $6.9 billion association has already approved the idea of outsourcing its investment staff, but will scope out other alternatives and look at the cost difference between the in-house and outsourced models.
The China Investment Corp (CIC) has cut the amount of new funding its requesting from the government in half.
Standard & Poor's, Moody's win dismissal of a suit that involved the sale of more than $60 billion in mortgage-backed securities.
In an effort to remain a role model for socially responsible investment, the biggest Swedish pension barred Israeli arms maker Elbit Systems from its investment portfolios.