Analysts say the U.S. Securities and Exchange Commission’s civil fraud charges could force Goldman to pay hundreds of millions in fines and restitution. The blow to the firm’s reputation may be harder to salvage.
Toronto-based CPPIB will invest $100 million in the Multiples Fund.
The government has accused Goldman Sachs of failing to disclose conflicts of interest in mortgage investments it sold as the housing market was waning.
According to a survey by one of the world's largest investment consultants, investors in Europe have renewed confidence in hedge funds.
Sheikh Hamed bin Zayed al Nahyan will become the new boss of Abu Dhabi's SWF, replacing his late brother who died in a glider crash in a lake in Morocco.
A new study found that all 59 funds that cover most teachers face shortfalls, placing a burden on taxpayers to pay nearly three times as much as the funds say they need to balance the books.
The Democratic chairwoman’s proposals support financial reform of derivatives by putting them on exchanges, which has encountered opposition from banks that make billions in transaction fees on derivatives every year.
State senators have proposed changes to Missouri's pension system which could save the state an estimated $314 million over five years.
The International Finance Corp said it would team up with SWFs and pensions to form an $800 million fund that will invest in equities in Africa, Latin America and the Caribbean.
The Wall Street titan is looking to expand its portfolio solutions team of 50 employees.
Meder, who previously worked at UBS, will expand a team responsible for the company's construction and management of liability driven investments (LDI) for US pension clients.
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.