Three-quarters of surveyed companies saw asset allocation to their liabilities as a 'major risk' for balance sheets.
Following allegations of influence peddling at the nation's largest public pension fund, CalPERS has revamped its governance policies, and its latest reforms are designed to help better manage risk and restore accountability.
The latest quarterly “flow of funds” report issued by the central bank reveals US corporate defined benefit and defined contribution plans had combined assets of $5.32 trillion as of June 30, a dip from three months prior.
Morgan Stanley lawyers have argued that shareholders had not shown legal standing to seek damages at trial and are seeking to dismiss their lawsuit, partly on grounds that the allegations were too vague.
New York-based Columbia's endowment rose 17% in the past year, outperforming major stock-market indexes as well as some other elite universities in the most recent fiscal year.
Consultants told the State Investment Council that New Jersey’s pension fund should direct as much as 43% of its assets into alternatives, compared with the 19.3% allowed now.
Bill White, the former president of the Intrepid Sea, Air and Space Museum, has agreed to pay $1 million to end the investigation of his role in funneling investments to the New York's Common Retirement fund.
California Governor Arnold Schwarzenegger has dropped a proposal for the state's pension fund to lend the state government $2 billion to help shrink its budget gap.
A significant decrease in corporate bond interest rates has driven a $108 billion decrease in the funded status of the 100 large defined benefit plans tracked by Milliman.
The investment in the fund, which will target Southeast Asian infrastructure and new energy projects, is yet another sign of China's heightened financial importance in the region.
In the first six months of this year, the number of mergers and acquisitions worldwide has jumped 22% from the same period in 2009, spurred by major regulatory initiatives, a recent study by Freeman & Co. reveals.
A coalition of investors is putting pressure on stock exchanges to require listed companies to report how environmental, social and governance (ESG) factors into their business strategies.
With the launch of its first active equities fund in April, PIMCo is planning to offer four or five additional global equity strategies in the next few years.
The $69.2 billion State of Wisconsin Investment Board is looking to move externally managed international equity assets in-house to save on costs.
New research from Goldman Sachs shows pension funds and other institutional investors based in developed markets could raise their emerging markets equity weighting in the next two decades.