California Referendums Provide Harbinger for Public Pensions Across US
Decisive votes in San Diego and San Jose to lessen the burden of public sector pensions may prove a bellwether for public plans across the United States.
News
PIMCO's El-Erian: America Is Healing, Slowly
Is the economy of the United States on the upswing?
Russian, Chinese SWFs to Launch $4 Billion Investment Vehicle
The Russian Direct Investment Fund and China Investment Corporation have announced their decision to create a joint investment fund that could be worth as much as $4 billion.
Is 'Hostility' Toward Whistleblowers of Public Pensions Unjust?
A former investment officer at the San Diego County Employees' Retirement Association has sued the scheme over his termination as his proponents cite a pattern of hostility and retaliation toward so-called whistleblowers. The San Diego County Civil Service Commission, however, found SDCERA's actions were just.
Ontario Teachers Pension Plan Joins Investor Consortium to Buy Data Center Operator
Ontario Teachers Pension Plan, along with two private equity firms and a communications corporation, has agreed to purchase Canadian data center operator Q9 for C$1.1 billion.
Wal-Mart Reelects Board Members Despite Pension Backlash
Wal-Mart has reelected all of its board members despite strong criticism from pension funds seeking to oust them.
Norway Pushes Pensions to Fund Oil Industry
Money for oil exploration has dried up in the capital markets; Norway has turned to a new source of funding.
Emerging Country Debt: The Archetype for Active Management, GMO Says
When it comes to emerging country debt, opportunity for active management abounds, according to a whitepaper by GMO.
Senators, Prime Ministers–and Texas Teachers' CIO–Attend Bilderberg Conference
Britt Harris, the chief investment officer of the Teacher Retirement System of Texas, is taking part in the exclusive Bilderberg Meetings, an historically secretive conference that has encountered scrutiny and backlash for allegedly aggregating only the rich and powerful.
Oregon Pension Commits to KKR Asian Private Equity Fund
In the latest sign that private equity investing is flourishing, a public pension in Oregon made a further commitment to an Asian private equity fund operated by KKR.
Three Cheers for Local Gov't Pension Scheme. Now What?
Unions and employers have agreed a new deal for local government pensions – all they have to do now is implement it.
Preqin: Emerging Market Real Estate Investors Go Local
There is a shift toward investors committing to local emerging market fund managers, data firm Preqin has found.
Attorney General Investigates Dartmouth Endowment Mismanagement Claims
Dartmouth College is busy defending itself after anonymous accusations point to mismanagement and conflicts of interest at the endowment.
Pension Taps Water Co for Inflation-Linked Returns
Did someone say ‘illiquid asset’? A UK pension fund has bought into a water company for the long-term inflation link.
Risk Parity Skeptic Says Leverage Has Limits
Thought risk parity was the right thing for your portfolio? Maybe there’s another side to the story.