In an effort to gain exposure to long-term, liability matching assets, the $13.6 billion Aviva Staff Pension Scheme is looking to boost its allocation to real estate-related assets, reflecting the growth of the sector since the real estate market collapsed during the crisis.
Joe Flood, editor-at-large of aiCIO Magazine, appeared on The Brian Lehrer Show today to speak about aiCIO Magazine's exclusive cover story on New York City Mayor Michael Bloomberg's attempts to overhaul the city's underfunded pension system.
Private equity group Blackstone has lost out on a $150 million alternative investment contract after executive Byron Wien commented last year that government retirement benefits are "too generous."
With a Deutsche Bank mandate to execute unbundled securities lending for the Employees Retirement System of Texas, further proof that the age of unbundling may be emerging.
The Texas Teacher Retirement System (TRS) may double the amount it allocates to hedge funds after a state representative introduced a bill raising the cap on investment in the asset class.
The Caisse de dépôt et placement du Québec announced that it has increased its investments in publicly traded Québec companies by more than $800 million.
Lee Partridge speaks with aiCIO following the release of internal emails from the San Diego County Employees Retirement Association that portray confusion at the plan; he also believes that county and city plans within the state should share investment resources under a cooperative structure to achieve greater efficiencies.
Just how much of the estimated $3 trillion in Japanese assets held outside the country will be repatriated due to the earthquake, tsunami, and potential nuclear disaster has yet to be seen.
The nation's largest pension has released a special 56-page review on placement agent activity, accusing a former chief executive and two former board members of steering billions of dollars to politically connected firms; refuses rate-of-return cut.
