Investors are flocking to smaller property funds of less than $1 billion in size due to their more focused strategies and better returns, Preqin has found.
The firm has asked US District Judge Keith P. Ellison to restrict any surviving investor fraud claims to owners of BP American depositary receipts, Bloomberg is reporting.
A Venezuelan pension plan had invested $500 million – or 20%
of its assets – in an unregistered investment vehicle for which the accountant
provided falsified documents.
A Congressional Budget Office brief suggests that valuing assets and
liabilities via more reasonable accounting assumptions will provide a clearer
picture of America’s pension underfunding problem.
With recent mandates seemingly on the rise for third-party
securities lenders, custodians – the traditional bastion of the business – are
fighting back.
The manager of the world’s largest bond fund, who sold out of all his holdings in US Treasury bonds in March of this year, is pushing investors to move away from Treasuries and seek global investments for better yield opportunities.
Reflecting a general movement by investors to diversify away from portfolios dominated by the “home bias” of domestic stocks, as noted in a survey by aiCIO, a new paper by Hermes Global Equities Advisers shows that investors must become increasingly global to capture superior returns.