The proposal, if passed, likely would lead to the breakup of some of the nation’s largest banks.
Jackson's resignation comes as the investment company struggles to renegotiate about $22 billion of debt.
Despite positive returns, the retirement system’s portfolio underperformed its internal benchmark.
A new study shows managers have a bullish outlook on equities, increasing their risk tolerance.
Following the recovery in financial markets, Mexico’s pension fund companies more than doubled to a record net profit in 2009.
The acquisition is the first European buyout by Teachers’ Private Capital, the Canadian pension fund’s direct investment arm, since it opened a London office in 2007.
Top concerns among pension plan sponsors are funding status, risk management, and volatility.
At 19.02% year-to-date return, foundations and endowments outperformed other asset owners in the Wilshire TUCS.
In 2008, funders granted more than $850 million in climate-change grants.
The New York buyout firm is expected to finish fundraising for its sixth global buyout fund at the end of June.
A U.S. market regulator hits BofA with a lawsuit for failing to disclose extraordinary losses at Merrill before the acquisition deal in 2008.
Nonprofit investment committees aim to address liquidity needs this year, according to a new poll.
The richest and oldest US school names a new risk head of its endowment-management company.
During the first day of testimony before the FCIC, bank bosses were both apologetic and defensive, at one point claiming that institutional investors who dealt with them were professionals and should be responsible for their actions.
Middlemen got $125 million from private investment funds for arranging deals with CalPERS.