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.
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.