Connecticut, Montana Pensions Plan Asset-Liability Reviews

Connecticut will carry out an asset allocation and liability study for each of its six state pension funds, while the Montana Board of Investments has commissioned an asset-liability study for the $2.5 billion Montana Teachers' Retirement System.

Massachusetts Pension Sues HP, Former CEO Mark Hurd

The $300 million pension has sued Hewlett-Packard and its former Chief Executive Mark Hurd, who was ousted from the company after a sexual-harassment-claim settlement, seeking a variety of governance changes and punitive damages for breach of fiduciary duty, mismanagement and waste of corporate assets, including the severance payment to Hurd.

Mexico Pensions to Double PE Exposure

The country's 14 private pension funds, or Afores, are positioning themselves to invest more heavily in real estate and infrastructure bets.

HFs Rebound in US Fixed-Income Trading

Hedge fund managers, which now account for one-fifth of all trading volume in the US Treasury bond market, are refocusing their attention on more liquid products, a new study by Greenwich Associates confirms.