New Jersey Governor Chris Christie and Senate President Stephen Sweeney have reached a deal to overhaul state pensions and benefits for current public employees.
UK-based consultant Lane Clark & Peacock says that prospects for pension deals have never looked more compelling as schemes strive to derisk.
The A$5.8 billion MTAA Super fund is being investigated by the Australian Prudential Regulation Authority (APRA) over its response to the global financial crisis.
MassPRIM’s board has approved a plan to choose its first 10 hedge fund managers who will manage roughly $500 million that had previously been allocated for hedge fund-of-funds.
A lawsuit over a few hundred dollars has ballooned into legal costs of more than 490x the original suit for Jacksonville's Police and Fire Pension Fund.
As Vancouver-based TimberWest Forest Corporation nears the end of its 60-day “go shop” period, the company looks ready to accept the original $1.03 billion bid made by two Canadian public sector pension plans.
A study by Massachusetts-based Monitor Group shows that the financial crisis has spurred sovereign wealth funds to rely more on in-house assets and less on third party expertise.
Agecroft Partners is seeing widespread demand from institutional investors for Commodity Trading Advisors (CTAs) -- a sign that asset owners have overcome their historical reluctance.
By haggling with the fund companies they invest with, institutional investors can negotiate hefty percentage discounts on fund management fees, a study by bfinance shows.
The Wall Street Journal has reported that Pacific Investment Management Co. lost $3.4 billion on its investment in Lehman Brothers but PIMCo head Bill Gross is unconcerned.
Assets managed by hedge funds betting on emerging markets rose to a record at more than $121 billion in the first quarter of 2011.
Goldman Sachs is considering releasing documents about its mortgage bets that show that the Senate subcommittee's analysis, which has prompted an investigation of the securities firm, is inaccurate and incomplete.
New research conducted in the United Kingdom has revealed that the majority of pension schemes in the UK are structurally underhedged.
The $2.7 billion Kern County Employees' Retirement Association (KCERA) of California has filed a lawsuit against Wilshire Associates for loss of about $4 million.
A study commissioned by Comptroller John C. Liu predicts that New York City’s pension costs will peak in 2016 before they begin a gradual, steady decline, yet Mayor Mike Bloomberg sees major flaws in the report.