News

Dutch Pension Sues Goldman for $300 Million

The Dutch pension fund Pensioenfonds Vervoer has accused Goldman Sachs Asset Management of breaching its fiduciary duty by making inappropriate investments during the financial crisis, filing two claims against the bank totaling up to $300 million.

UK Pension Costs to Rise 20%

Corporate pension funds could see already expensive pension arrangements hit their bottom line even harder next year due to poor economic conditions and new regulations coming into play.

Photo Gallery: CIO Summit London

The pension funds of Rabobank, HBOS, A&O Services, CERN, Railpen, and many others were represented at this year's CIO Summit London. See them and more in this photo gallery.

Obituary: NYC Pension Reform

A long awaited reform of New York City’s pension system—heavily touted by Comptroller John Liu and Mayor Michael Bloomberg—passed away over the weekend.

Canada Pension Plan Builds Up Down Under

Canada Pension Plan Investment Board has announced the construction of two Sydney office towers, further evidence that institutional investors worldwide are pursuing real estate to boost returns.

Norwegian SWF Chases La Belle Vie

Norway’s sovereign wealth fund will invest $341 million in Parisian commercial real estate, the latest of its moves to capitalize on attractive European real estate opportunities.