Catastrophe Bonds Attract Scrutiny in Wake of Hurricane
The monitoring of Hurricane Irene's impact on catastrophe bonds continues.
News
Ohio Pensions: Federal Rule Denies Us Rightful Fannie Payment
Two Ohio public pensions are asking a judge to disallow federal agency rules that would potentially subordinate their claims in a lawsuit against Fannie Mae.
Study: Union Strength Impact on Pension Benefits Is Nil
New data released by the Center for Retirement Research shows that union strength appears to have no impact on the level or growth of benefits.
Aon Hewitt Urges Legal Simplification on EU Pension Legislation
Consulting firm Aon Hewitt claims that EU rules on the establishment of cross border pensions must be simplified.
BofA Profits From Buffett's Capital Injection
Berkshire Hathaway's Warren Buffett has made a major investment in the largest US bank.
Lehman Execs Aim to Settle Investor Lawsuit for $90 Million
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.
JP Morgan: Institutional Investors Take Advantage of Lackluster Markets by Rebalancing
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.
Survey: Pensions Seek Alts on Volatility Concerns; Inconsistent Use of LDI
A new poll by SEI asserts that more pensions are using alternatives, with LDI strategies inconsistently used.
India, China Capture Lion's Share of Total Emerging Market PE Investment
Data from the Emerging Market Private Equity Association (EMPEA) shows India and China have taken 68% of total emerging market private equity investment.
UK Scheme Battles Criticism for £24M Tobacco Investment
Kent County Council has encountered scrutiny from campaign groups for investing £24 million of its pension fund portfolio in tobacco companies.
Agecroft Partners: Hedge Funds Better-Equipped Since 2008
Agecroft Partners says that hedge funds are better prepared today as a result of the 2008 financial crisis.
Moody's Lowers Japan's Rating; No Shock to Investors
Moody's downgrade of Japan's sovereign debt may seem unexpected, but investors are not surprised by the decision.
Gulf Investment Corporation Appoints Russell Read as New CEO, CIO
The Gulf Investment Corporation has announced the appointment of Dr. Russell Read as Deputy CEO and Chief Investment Officer.
Obama Appoints New Federal Retirement Thrift Investment Board Chairman
Michael Kennedy has been designated as chairman of the Federal Retirement Thrift Investment Board by President Barack Obama.
OTPP and Jana Demand Division of McGraw-Hill
McGraw-Hill is moving toward a spin-off of its education business as it continues a restructuring of the company, driven by shareholder pressure.