Citing the scandal in the city of Bell, California Treasurer Bill Lockyer asked the state's largest pension to release data on the 100 highest state and local government salaries to avoid pay abuses.
The value of CPPIB's investments has declined US$1.6 billion in the first fiscal quarter, yet the Toronto-based board has enjoyed rising assets, helped by strong
contributions.
Next
step for the Madison-based investment board of the Wisconsin Retirement System (WRS):
"Determining which strategy the board will use for inflation protection
and how we'll go about achieving leverage," says the board's Vicki
Hearing.
Ceres, a national network of investors, environmental organizations
and other public interest groups, has kicked off a campaign among
global investors with assets totaling more than $2.5 trillion, urging
energy companies to be open and transparent with investors and
stakeholders.
While almost a third of institutional investors plan to increase hedge fund investment over the next year, fewer investors are satisfied with hedge fund performance compared to last year.
On the tail of the firm's Long Duration Credit Strategy’s three-year
mark – in which it outperformed the Barclays Capital US Long Credit
Index – LGIMA’s US fixed-income head sees further LDI mandate growth in
North America.
A consortium that included Borealis, the infrastructure investment arm of Canada's Ontario Municipal Employees Retirement System (OMERS), and at least two other groups are gearing up to bid for Britain's only high-speed rail link -- High Speed 1, or HS1 Ltd.
The nation's largest pension system did not take action when it first heard about officials in the lower-income city of Bell, California, earning inflated salaries.
While reports have the San Diego County Employees Retirement Association considering a move towards internalizing their asset management, current outsourced CIO Lee Partridge denies he is considering the move.
Legislation passed by the Massachusetts Governor gives the $42 billion fund one year to study and exit any investments that directly or indirectly support the Iranian oil industry.
August is the shortest of months, with vacation and Summer Fridays making the time go simply too fast… except for those who eagerly await the September issue of ai5000, for whom the end of the month cannot come soon enough. For those most loyal of readers, we’re posting one article early. It’s Joe Flood’s Adventures in Algorithmic Trading, a look at the varied strategies that comprise the umbrella term ‘algo trading’ – and what it means for you.
New survey data issued by the London-based unit of consultant Mercer shows that the costs of rising life expectancy added billions of pounds to the pension bills of the United Kingdom’s largest 100 companies in 2009.
