Court documents show Lehman Brothers Holdings executives, including former Chairman Richard Fuld, are seeking the release of $90 million in insurance funds to settle a potential multibillion-dollar lawsuit brought by shareholders.
According to JP Morgan, institutional investors are increasingly rebalancing their portfolios following recent market volatility, targeting investments in high-dividend equities, active emerging markets and selective commodities.
Data from the Emerging Market Private Equity Association (EMPEA) shows India and China have taken 68% of total emerging market private equity investment.
Research conducted by Russell Investments warns that the growing trend for mergers among Australia's industry superannuation funds may not be serving the best interests of members.
In a recent report, ratings agency Standard & Poor's revealed that state and local governments are likely to face credit downgrades following a finalization of the US budget.
The Abu Dhabi Investment Authority (ADIA) aims to streamline relationships with external fund managers to aid in pooling information within the organization, Reuters has reported.
