Australia's Superfunds Embrace New Carbon-Pricing Scheme
Superannuation funds are predicting that the Gillard Governmentʼs new carbon-pricing scheme will lead to greater investment in clean energy and clean technology.
News
Fed Survey Reveals Favorable Credit Terms for Pension Funds
The Fed’s Senior Credit Officer Opinion survey shows that banks are offering more favorable credit terms to large investors in an attempt to move back towards traditional bank lending.
Study: Hedge Fund Investment to Spike at $195 Billion
According to the latest numbers from Preqin research, institutional investors are considering hedge fund investments that could be worth a combined $195 billion over the next 12 months.
CalPERS Seeks Private Equity Vehicle for Domestic Emerging Managers
The California Public Employees’ Retirement System has announced that is searching for an investment vehicle that will focus on domestic emerging managers for the pension fund’s private equity program.
Pensions Sue News Corp. for 'Egregious' Behavior
News Corporation shareholders have sued the Rupert Murdoch-owned company, alleging that the board failed to exercise proper oversight and take sufficient action since news of phone hacking first emerged at its subsidiary nearly six years ago.
Report Says Optimum Gold Allocation to Achieve Inflation Protection Totals 5%
New analysis by Oxford Economics suggests that higher allocations to gold could benefit portfolios in both inflationary and deflationary scenarios.
Nonprofit Healthcare Providers Average 10.9% Return on Assets, Study Shows
The Commonfund Benchmarks Study of Healthcare Organizations Report revealed that nonprofit healthcare providers averaged 10.9% return on investable assets in FY2010, continuing a positive trend from 2009.
Tentative Recovery Seen for Private Equity Funds
U.S. and European private equity, venture capital, and buyout funds showed strong levels of fund-raising in the first half of 2011, says Dow Jones LP Source.
US Public Pensions Subject to Accounting Changes Under GASB Proposals
The Governmental Accounting Standards Board (GASB) has published proposals to improve the way US state and local governments report pension liabilities.
Study: Pensions Desert Equities in Favor of Alts, Worries Over Fees Persist
While pension funds are increasingly diversifying into alternative investments, new data from Towers Watson’s Global Pension Asset Study shows schemes remain skeptical about the fees charged by alternative investment managers.
Passings: Martin Jack, Former IBM Pension Chief, 58
Martin Jack, the former director of IBM's in-house pension and risk management consulting group in Europe, has died of a heart attack. By Jay Vivian, retired Managing Director, IBM Retirement Funds.
ETF Investment Decreases While Fixed-Income Continues to Rise
The European Institutional Asset Management Survey indicates that institutional investment in ETFs decreased by 6% over the past year, but the motivation for the change is not clear-cut.
Wells Fargo Agrees to Settle Mortgage Lawsuit for $125 Million
Wells Fargo & Co. has offered to settle a lawsuit over the sale of mortgage pass-through certificates for $125 million.
Appetite for Risk in Private Real Estate Grows, Survey Says
Private real estate investors have grown increasingly bullish about the future of the market and are ready to embrace more risk, a study by Preqin has shown.
Following Hefty Fine for Allegedly Misleading Pensions, JPMorgan to Pay $228 Million in Muni Case
State and federal regulators have ordered JPMorgan to pay $228 million in a settlement of allegations that the bank's securities division rigged the market for municipal bond derivatives.