Lou Jiwei, head of China’s $300 billion sovereign wealth fund, has said that even though global economic growth will likely slow next year with Europe being “most pessimistic,” the fund will continue to seek investment in some parts of the continent.
As fears intensify about whether Greece will be able to repay its debts, a forum sponsored by Mercer has highlighted that pensions -- typically large bondholders -- may be forced to take a loss on their investments as a result of the European sovereign debt crisis.
As the UK suffers from "some of the most congested and problematic infrastructure," a report by the London-based Business Infrastructure Commission has concluded that the government should provide incentives to encourage pensions to invest in large-scale projects.
Australian investors are still interested in private equity and venture capital investments, but are taking a cautious approach to investment, Preqin has found.
A Senate panel has released a damning report accusing Goldman Sachs of engaging in conflicts of interest, flooding the financial system with risky mortgages, and violating fiduciary duties to shareholders.
Proposed European Union plans to implement a uniform set of scheme funding rules across Europe would force schemes to pay deficits faster, Towers Watson has found.
As investors have fled riskier assets for bonds in recent years, the International Monetary Fund has reported that only a handful of countries are really deemed as financially safe.
A survey of more than 30 fund managers across Europe, many of whom manage, advise or act on behalf of multiple European and global funds, has revealed that more than €20 billion ($29 billion) of private sector investment in infrastructure assets has been completed in Europe over the last 12 months.
Following the decision by two of the US's largest pension funds -- CalPERS and the Florida State Board of Administration -- to publicly vote against BP at its annual general meeting, FairPensions, a UK-based advocacy group, has asserted that while US investors are happy to voice their intentions, few investors in the UK are doing so.
Breaching its fiduciary responsibility to clients in a "blatant disregard of this fundamental duty," JP Morgan knowingly profited from a troubled investment vehicle, according to a class action suit filed on behalf of several pension funds and obtained by The New York Times.
