Canadian Funds Beef Up PE Teams
Despite a relatively quiet year in 2010, the private-equity arm of the Caisse de depot et placement du Quebec plans to add to its private equity team to invest in Quebec companies.
News
Survey: Alternative Investment Fees on the Decline
Mercer's 2010 Asset Manager Fee Survey has shown that fees for hedge funds, private equity, infrastructure and real estate are all down from 2008.
Barclays Capital Survey Finds Commodity Investors Predict Higher Returns
Hedge funds and institutional investors predict a bigger inflow into direct commodity investments than in 2010 as the economy continues to improve, increasing demand for metals, grains, and energy.
Norway's SWF Says Europe's Bond Market Promises a Strong Recovery
Betting on a rebound following the bailout of Greece in May, the Government Pension Fund Global has rekindled its interest in Greek, Spanish, Portuguese and Italian government debt.
Mercer Shows S&P 1500 Company Pension Deficits Shrink to $359 Billion
The consulting firm found that the shortfall among US company pension plans at the end of November corresponds to a funded status of 79%, compared to a funded status of 78% at the end of October.
Tax Transparent Vehicles in the UK to Attract $31 Billion for Pensions
Deloitte estimates that more than $31 billion (£20 billion) of additional multinational pension fund investments will be made in the UK.
MassPRIM Withdraws $1.1 Billion From BlackRock Due to Poor Performance in Fixed-Income
The Massachusetts state pension fund is seeking to replace BlackRock Inc. because it "lacks confidence that the firm is adequately focused" on fixed-income markets.
MetLife Study Examines US vs. UK on Risk
A survey of 166 US and 89 UK corporate plan officials shows that pension risk management differs on both sides of the Atlantic.
Report Finds Pension Costs Poised to Explode
According to a report issued by the Empire Center for New York State Policy, taxpayer-funded employer contributions to public pensions in New York State will rise by billions of dollars in the next few years, threatening to divert scarce resources from other essential public services.
Survey Shows UK Industry Watchdog Lacks Accountability
A National Association of Pension Funds pulse survey has show 78% of respondents believe the UK's watchdog should be more accountable to those it regulates.
Governor of Worst-Funded US State Pension Remains Tightlipped on Signing Legislation
Illinois Gov. Pat Quinn won't say if he will approve the new bill that has Chicago officials worried about increased costs and higher property taxes.
Following FBI Probe, Pensions Keep Watchful Eye on Investments
With investments in hedge funds under investigation following the probe by the US Federal Bureau of Investigation into insider trading, pension officials voice concerns.
Winners of aiCIO's Industry Innovation Awards for Asset Owners
aiCIO congratulates asset owners -- public and corporate pensions, endowments and foundations, and insurance general accounts -- that have successfully understood and acted upon material risks in today's markets, delivering long-term and consistent results to establish a solid foundation for future returns.
Morgan Stanley Said to Sell Stake to Singapore's SWF and Others
Morgan Stanley is selling its 34.3% stake in China International Capital Corp. to Kohlberg Kravis Roberts & Co., TPG Capital, Singapore’s Great Eastern Holdings Ltd. and the nation’s sovereign-wealth fund.
Pittsburgh City Council President Proposes Another Plan in Desperate Attempt to Save Pension
Pittsburgh City Council President Darlene Harris has proposed another possible option to tackle the city's pension crisis -- -- taking out life insurance policies on those vested in the fund.