CFTC to Delay Dodd-Frank Swap Rules
The Commodity Futures Trading Commission (CFTC) will delay some votes on Dodd-Frank swap rules until 2012.
News
Obama’s Infrastructure Push: What Does It Mean for Institutional Investors?
With President Barack Obama likely set to propose an infrastructure bank, institutional investors will be watching Washington closely.
New Platform Allows Institutional Investors to Monitor ESG Risks
GovernanceMetrics International has introduced an online research platform that allows institutional investors and corporations to identify a company’s environmental, social, and governance risks.
Dutch Pension Scheme Sues Deutsche Bank Over Mortgage-Backed Securities
In a complaint filed in New York state Supreme Court in Manhattan, ABP -- Europe's second-biggest pension fund -- has claimed Deutsche Bank made false and misleading statements about underwriting standards and practices, loan-to-value ratios, appraisals and owner-occupancy statistics.
Global Survey: Australia's Super Funds Drive Superior Growth
According to a research study conducted by Towers Watson, the assets of major Australian institutional funds grew 26% in 2010, dwarfing the global growth rate of 11%.
Carlyle Group Files SEC Documents to Go Public
The intensely private Carlyle Group has filed documents with federal regulators to sell stock to the public.
Mercer: US Pension Funding Levels Plummet
New figures from Mercer show that August was a dismal month for US pension plan funding levels, which could have potential ramifications for 2012 financials.
PIMCO Gains Independence From Corporate Parent Allianz
Allianz, Europe's largest insurer, has restructured its asset management business, giving subsidiary PIMCO, the world’s largest bond manager, more freedom around distribution of its products.
Hat in Hand, U.S. Postal Service Goes to Congress
USPS CEO Patrick Donahoe testified Tuesday that without Congressional approval to change rules on benefits funding, the Postal Service will soon be insolvent.
Credit Suisse: S&P 500 Companies Face Larger Pension Deficits Than During Collapse
An analysis by Credit Suisse shows a combined $400 billion pension deficit for S&P 500 companies.
Chief Investment Officers: Endowment Model, Risk Parity to Outperform 60/40
The alternatives-heavy endowment model and the bond-heavy risk parity model will outperform the 60/40 approach to investing on a risk-adjusted basis, CIOs believe.
Pensions File $6.5 Billion Lawsuit Against Sino-Forest
Two pension funds invested in Sino-Forest, the Chinese forestry company battling allegations of fraud, have filed a claim against the firm's management, directors, auditors, and advisers, seeking $6.5 billion in damages.
Survey: Institutional Investors Flock to Private Equity, Demand More Transparency
A new report by SEI and Greenwich Associates shows that institutional investors, fund managers, and consultants plan to increase their private equity allocations or recommend increases to their clients over the next year, but they are urging greater transparency in the asset class.
In Surprise Move, BNY Mellon CEO Quits, Successor Named
Gerald L. Hassell will replace BNY Mellon's Robert Kelly, who has stepped down as CEO a result of "differences in approach to managing the company."
Judge Approves Lehman Liquidation Plan
US bankruptcy court judge James Peck in Manhattan has given his nod of approval for Lehman Brothers to send its liquidation plan to creditors.