A new study concludes that raising the retirement age and increasing employee contributions is only the first step in addressing California’s mounting public pension liabilities.
The council has rejected Mayor Luke Ravenstahl's proposal to lease parking assets for a pension bailout.
Canada's pensions are looking to swoop in to purchase a 30% stake in Potash Corp. to maintain control of the fertilizer company in Canada while at the same time encouraging Chinese investment.
A new study shows the world's largest insurance companies are placing greater value on outside expertise to oversee their investments.
A new study shows that when compared to funds around the world, US public pensions have the fewest full-time risk management employees on average.
The consultant firm is establishing limits of liability to curb risk.
Following news of expected losses, the New York State pension reneged on a $300 million commitment to Morgan Stanley’s real estate investing group.
Two weeks ago, the Securities Exchange Commission and Commodity Futures Trading Commission revealed the possible causes of the May 6th Flash Crash. Since you can't stop traders from making bad trades, what's to stop another Flash Crash from happening tomorrow? aiCIO's Joe Flood reports.
A quarterly survey conducted by Northern Trust Global Advisors reveals that institutional investment managers see a double-dip recession as unlikely amid stabilizing markets.
Andy Banks, head of corporate governance at Legal & General Investment Management (LGIM), says the UK's Stewardship Code has given shareholders the essential ability to consult with each other when issues arise at companies in which they invest.
A US Census Bureau report shows holdings of the 100 largest US public-employee retirement systems rose 6.8% for the 12 months through June, the first fiscal-year gain since 2007.
DE shaw is getting some flack for a Southwestern real estate misadventure.
Figures released by the Pension Protection Fund show the funding shortfall faced by the UK's defined benefit pension schemes more than halved in September.
The National Pension Service, the fourth-largest pension in the world, has partnered with US private equity firm Kohlberg Kravis Roberts & Co. to acquire oil giant Chevron’s 23.4% stake in Colonial Oil Pipeline Company.
The law firm has agreed to a five-year ban from appearing before all New York public pension funds and will comply with the attorney general’s reform code of conduct.