CEO and co-CIO of Pacific Investment Management Co. (PIMCO) Mohamed El-Erian, asserts in a recent article that the state of the US economy reflects financial re-alignments, insufficient policy responses, and rigidities that frustrate structural change.
A new guide published by the National Association of Pension Funds (NAPF) is aimed at helping trustees and pension fund managers understand performance measurement, attribution, and risk analysis.
The San Diego County Employees Retirement Association has terminated the employment of Jeffrey Baker, who had accused the fund’s investment team of failing to inform the its investment committee that risk budgets had been breached.
In a joint statement, the world's largest investors representing more than $20 trillion in assets, have stressed the urgent need for policy action on climate change.
While hedge fund industry assets suffered in the third quarter of 2011, dropping by $85 billion to $1.97 trillion, the industry experienced net inflows of $8.7 billion for the period, bringing total inflows so far this year to $70.1 billion, Hedge Fund Research has shown.
The former HR head at SAG-Producers Pension and Health Plans, Craig Simmons -- who was fired in March and accused his boss of steering business to family members -- was involved in steering money to his spouse's marketing company.
A Los Angeles jury has ordered the Commonfund to pay $50.3-million in damages for breach of fiduciary duty to its partner in a series of Hollywood development projects, Bloomberg has reported.
Investment management fees at Street Global Advisors (SSgA) reached $229 million, up from $196 million from a year earlier, while assets under management dropped slightly.
EDHEC-Risk Institute has released results of a European survey on the use of equity and bond indices by institutional investors, showing that investors have moved away from the idea of indices representing a buy-and-hold strategy.
As institutional investors in the UK experience a new market storm and increased volatility, real estate is attracting strong interest, research firm bfinance says in a recent research report.
Officials at the Pension Benefit Guaranty Corporation have asserted that they'll fight efforts by Friendly Ice Cream Corp. to shed its pension plan during Chapter 11 bankruptcy restructuring.
While schemes are still reluctant to use derivatives, pension funds are increasingly using these investment vehicles to hedge against interest-rate risk, consultants say.
The California Public Employees' Retirement System (CalPERS), the largest public pension in the US, is the latest News Corp shareholder to withhold support for Rupert Murdoch and his sons.
The top financial regulatory board in the United States has laid out standards by which insurance companies, hedge funds, and other non-bank financial firms could fall under stricter regulation, yet industry sources voice apprehension that firms may be overburdened by regulation and reporting.
