China Securities Regulator Encourages Pensions to Boost Investments
In order to meet local companies' demand for capital, China's securities regulator has urged the government to allow more funds to participate in the country's securities market.
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Middle East Unrest to Spur Investment
Despite fears about investment in the Middle East, turmoil in the region is likely to accelerate growth, making the region increasingly attractive for investors, according to ING Investment Management.
Can New York City’s Most Celebrated Citizen Revolutionize Its Pension System? Mayor Michael Bloomberg Will Soon Find Out.
That Mayor Michael Bloomberg of New York City is attempting to renegotiate public sector benefits is well known. That he is also trying to overhaul the management of the pension’s existing capital is less well covered. An aiCIO Magazine exclusive look at how one of America’s most prominent citizens is tackling one of its most difficult problems. Joe Flood, Paula Vasan, and Kip McDaniel report.
Investment Risk Biggest Worry, HF Investors Say
The latest Credit Suisse Annual Hedge Fund Investor Survey has revealed that a focus on risk management issues is continuing to grow, with investors increasingly concerned about high standards of due diligence.
CIC 'Eagerly Awaiting' Gov't Funding
Wang Jianxi, executive vice president of the China Investment Corp., has said he is awaiting a government fund injection while warning about the inflationary problems in emerging markets, calling them "serious."
NY Police Pension Finally Ventures Into HFs
New York City has approved an investment of $23 million from the police pension fund into a hedge fund-of-funds.
South Korea's National Pension Service Joins Consortium to Buy Brazil Miner Stake
Posco, the world’s third-biggest steelmaker, and South Korea’s National Pension Service, will buy a combined 15% stake in a Brazilian niobium producer with a group of Japanese companies.
SWFs View Mid-East Conflict as Nonthreatening, Opportunity in Commercial RE
Patrick Thomson, head of J.P. Morgan Asset Management's sovereign wealth fund client group, notes that he sees opportunity in real estate and that as a long-term investor, conflict in the Middle East has not spurred huge changes in investment policy.
Mercer Shows S&P 1500 Pension Deficits Fall $14 Billion
Mercer's latest research has shown that the funding deficit has been cut nearly in half from August 2010 low of $500 billion.
Russell's '$20 Billion Club' Sees Sharp Increase in Assets, Liabilities
According to a report from Russell Investments, public corporations with worldwide defined benefit plan liabilities of more than $20 billion each experienced a large increase in both assets and liabilities in 2010.
Following PIMCO's El-Erian, Warren Buffett Discourages QE2
Warren Buffett thinks the US does not need another round of quantitative easing, saying that we've already had "massive" government stimulus.
Moody's Foresees Dire Future for NJ Pension
Even with New Jersey Gov. Chris Christie’s proposed public pension reforms, Moody’s Investors Service warned that the state's pension system, which is already the 7th-lowest funded in the US, will continue to deteriorate.
HFs Emerge Victorious With $28 Billion in Profit
The top 10 hedge funds, measured by total dollar returns since they started, made profits for their investors of $28 billion in the second half of last year.
PIMCO's El-Erian Says the Fed Must Exit QE2
Mohamed El-Erian, CEO and co-CIO of the Pacific Investment Management Co. (PIMCO), told CNBC that the US economy must learn how to survive independently, without artificial stimulus.
US Corporates Worry Over Liabilities, Respond with LDI Focus
According to a MetLife report, underfunded liabilities are the most important risk facing US corporate defined benefit plans.