News
Kentucky = Worst-Funded Public Pension in US
Move over Illinois: The Kentucky Retirement System reported a funding ratio of 24.5% today, according to a former trustee.
Corporations Heading for Record Pension Deficit
Yale Style: More Exclusive Than Ever
The financial crisis left many endowment-style investors smarting—and reevaluating their model—according to two of State Street’s top researchers.
Hedge Funds: Victims of the Financial Crisis, or Not?
California Gov. Calls to Pensions, SWFs, Endowments for High-Speed Rail
Can Investors Get High Returns From Marijuana?
Ex-Employee Claims State Street Hierarchy ‘Approved’ Middle East SWF Overcharging
Senior managers gave the go-ahead for the State Street transition management team to take “undisclosed mark-ups” on bond trades for one of the Middle East’s largest investors, a former employee has claimed.
Latin America Shines as the Emerging Market Hotspot, Paper Says
Verizon Retirees Sue to Block Pension-Risk Transfer
The handover to Prudential strips members of ERISA and PBGC protection, which, the retirees argue, leaves them shouldering extra risk.
Your Contract or Mine?
A paper out of Oxford and Stanford gives the pros and cons of London vs. offshore, and standard vs. custom when it comes to contracts.
Why Private Equity 'Collusion' Is Not Always a Danger
PPF Broadens Its Investment Horizons
Financiers Admit: Lots of Us Are Corrupt
Nearly one in three feel pressured to violate the law or their own ethics, according to a survey, and one quarter believe it’s necessary to get ahead.