While MassPRIM told ai5000 that they are not currently taking action following the unanimous vote late last month by the SEC to curtail so-called “pay-to-play” schemes, a variety of public pension funds are working to adopt policies limiting the use of placement agents.
BP Chief Executive Tony Hayward’s tour of the Gulf last week increased speculation that the company is looking for investment from sovereign wealth funds (SWFs) and other state entities in the region, yet Abu Dhabi is reluctant to invest in the company, a report said.
Allocations to alternative assets -- specifically to commodities and infrastructure -- have continued to rise and now account for 17% of all pension fund assets globally, up from 6% ten years ago, Towers Watson research reveals.
Goldman executives and directors, including Chief Executive Lloyd Blankfein, are defendants in the many shareholder lawsuits filed against the bank.
A study by Northern Trust Global Advisors (NTGA) shows institutional investment managers have moderated their expectations for global growth.
As part of the fund's 10-year plan for its investments, CalSTRS is considering reducing its number of external money managers.
Hector Mayol, the system’s Administrator, notes that required benefit payments are eating into investable capital, but that the Commonwealth’s Governor is now setting his sights on the pension problem.
A report analyzing the market's reactions to investments by sovereign wealth funds, with approximately $3 trillion in assets in 2008 and a projected $15 trillion by 2015, finds that wealth fund injections in the US have unintended consequences.
CPPIB has extended into Canada's oil and gas sector by agreeing to make its first direct investment in oilsands though a deal with Laricina.
The Singapore wealth fund is set to post a record jump after its assets plunged $40 billion a year ago during the midst of the financial crisis.
The oil giant is approaching sovereign wealth funds in the Middle East and Asia to defend itself against takeover bids.
LGIMA's pension tracker reflects the health of typical US defined benefit pension plans.
The second largest public pension fund in the US has acquired $216 million worth of property in Q1, further indication that the real estate market is slowly recovering following the global economic crisis.
Preqin shows an increase in the number of funds being abandoned or put on hold.