Swedish pension fund AP2 has decided to establish a joint venture with US pension fund/asset manager TIAA-CREF, with a goal of investing in agricultural real estate in the USA, Australia and Brazil.
Aiming to increase efficiency while lowering waste and redundancy, the nation's largest public pension fund has captured $963 million in cost savings in 2010, with an additional $287 million of savings targeted in 2011.
While
ETFs encompass a fraction of institutional investor portfolios, a
burgeoning number of these institutions plan to up their use of these
investing instruments in the future.
The Securities and Exchange Commission (SEC) is looking into whether both State Street and BNY Mellon misrepresented how they intended to conduct foreign exchange trades.
Jeffrey Baker, an SDCERA official, is alleging as part of a complaint that his job is being eliminated because he raised concerns over outside consultant Lee Partridge's risk limits, yet Partridge denies the assertions.
Connecticut Retirement Plans & Trust Funds has selected Hewitt EnnisKnupp and Russell Investments as semifinalists for its new general investment consultant.
Over a span of three months that saw Goldman Sachs sued and settle and financial reform debated and pass, aiCIO spoke with Sorkin, a New York Times reporter and the author of Too Big to Fail, for a special extended Interrogation.
An appeals court has overturned the dismissal of a class-action lawsuit brought by investors against Countrywide Financial Corp. over risky mortgage-backed securities bought between 2005 and 2007.
With $7.2 billion (£4.5 billion) of risk transfer deals completed over last year, the second quarter of 2011 looks to be a record quarter for the number of buyin and buyout deals completed in the UK, according to consultancy Hymans Robertson.
An analysis by the Wall Street Journal shows that BNY Mellon Corp. violated it fiduciary duties by taking advantage of clients while trading currencies.
China Investment Corp., the nation's sovereign wealth fund, plans to move its managing director to Canada to boost investment bids for natural resources assets.
After famously calling gold 'the ultimate asset bubble,' George Soros, along with other leading investment funds, has sold gold and other metal stocks.
