Just one week after increasing its airport holdings, the Ontario Teachers’ Pension Plan has acquired Impark, the third largest parking service company in North America, in a move indicative of pension funds’ increasing interest in infrastructure.
Mercer has created and appointed a global chief investment officer focused on mainstream assets for its investment management business, signaling that the growing trend toward discretionary consulting is not slowing down.
The Government of Singapore Investment Corp has expressed uncertainty about developed economies and is moving investments toward developing economies in what it calls a “challenging” investment climate.
A new OECD report shows that having weathered the financial crisis, pension fund asset levels in most countries continue to show strong growth and are on the way to returning to pre-crisis levels.
The combination of favorable market conditions and impending increased capital requirements for insurance firms has spurred a record £3 billion in UK pension buy-ins, KPMG reports.
US private equity firm The Carlyle Group is seeking to sell up to £200 million ($326 million) of equity in RAC, the roadside rescue business it purchased from Aviva for £1 billion a month ago, The Sunday Telegraph has reported.
Venture capital firms provided 5% less funding to start-ups during the second quarter of 2011 compared to 2010, Dow Jones VentureSource reported; a lack of institutional investors to fund the venture capital firms may be to blame.
A new report that warns of a “carbon bubble” argues that the world’s financial markets have vastly inflated the value of fossil fuel reserves because future regulation will ensure that most of it will remain in the ground.