Moody's Says Pension Holes May Hurt US State Ratings
Moody’s Investors Service has said in a report that pension obligations will continue to weigh on states’ credit ratings.
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IMF Says Sovereign Wealth Funds Must Review Investment Objectives
A report issued by the International Monetary Fund (IMF) has argued that sovereign wealth funds should engage in regular macro-risk assessments, stressing the continued importance of these large pools of capital as stabilizers in international markets and major players in global regulatory reform.
AIMCo Snatches Aussie Timber
In one of the largest forestry estate transactions in Australia, Alberta Investment Management Corporation (AIMCo) has agreed to acquire, together with partner Australia New Zealand Forest Fund (ANZFF), the timberland assets of Great Southern Plantations (GSP) for a total purchase price of $417 million.
Northern Trust Shows US Institutional Investors Enjoyed Strong Returns in 2010
For the second consecutive year, Northern Trust announced that US institutional investment plan sponsors had positive investment performance.
State Street Says Institutional Investor Confidence Is Waning
The money manager's index, which uses 100 as a neutral reading, has found that investor confidence dropped 3.3 points to 100.9 in January from 104.2 in December.
CalPERS Treads Cautiously Into RE, Seeking $2 Billion Allocation
The California public pension's Chief Investment Officer Joe Dear has continued faith in property, with a goal of achieving steady, modest gains.
2010 Study of US Endowments Shows Average 11.9% Investment Return
Data gathered from 850 US colleges, universities and affiliated foundations participating in the 2010 NACUBO-Commonfund Study of Endowments has shown a sharp improvement in investment returns.
Report Urges Slower, More Stable Approach to Pension Funding
The consultant firm noted that the regulatory focus on plugging scheme deficits quickly is actually a hindrance.
Dutch Asset Managers APG and PGGM Sell Equity Arm to Carlyle
As private equity firms aim to become increasingly diversified asset managers following the financial crisis, Carlyle Group has agreed to buy AlpInvest Partners to expand its asset management operations.
SEC Adopts Say-on-Pay for Shareholders
The Securities and Exchange Commission has adopted rules concerning shareholder approval of executive compensation and "golden parachute" arrangements.
Germany Trumps UK as Top European Investment Location for Property
A survey by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) has shown a shift in approach by investors in terms of preferred location.
SEC Pursues Illinois for Its Critically Underfunded Pension
Illinois now joins other states targeted by the SEC as the regulator demands greater financial disclosure and transparency from pension funds around the country.
Venture Cap Investment Deals on the Rise
A new report shows the amount of money invested by venture capital firms was up 19% from 2009, with the number of deals 12% higher than 2008.
Pensions Champion Emerging Market Debt
A new survey by Pensions Week has shown that emerging debt has trumped developed debt.
Governors Nationwide Fight to Tackle 'Pension Bomb'
In the face of escalating fiscal problems around the country, governors are upping their rhetoric on pension reform in an effort to tackle heightened costs.