No Revenue Without Conviction

Directionless investors are conspiring with weak macro-economic conditions to unsettle a business model dependent not just on activity, but short selling, leverage and spreads, says Dominic Hobson, editor in chief of Global Custodian.

CalSTRS Sues Massey Energy

The California State Teachers’ Retirement System has joined forces with Amalgamated Bank and Manville Trust to file a lawsuit against Massey Energy for alleged safety misconduct.

Pension Fund Deficits Increase in May

According to the Pension Protection Fund (PPF), the collective deficit of the UK's private sector final-salary pension schemes worsened by more than £40 billion in May.

Survey: Pensions Move Toward Riskier Assets

A trend has emerged as pension funds shift away from equities and invest in riskier assets by diversifying into alternatives, with infrastructure leading the way.