Bruce Tomlison, Sunsuper's portfolio manager, has expressed his support of smaller hedge fund managers in favor of larger ones; consultants have an all-embracing approach, saying "it would be foolish to completely shun the large guys."
The largest US public pension has said Goldman Sachs Group Inc.'s payment plan for Lehman Brothers Holdings Inc. treats pensions and retirees who own Lehman bonds "unfairly."
Superior active manager performance and gains in equities have propelled returns of US pension plans as well as endowments and foundations in the Northern Trust universe.
Jeremy Grantham, chief investment strategist of fund manager GMO Capital Management, says that since growth of natural resources is severely limited as population and demand soar, the age of cheap commodities prices is over.
A study by JPMorgan Chase & Co. has shown that Japanese
pensions are flocking to alternatives such as hedge funds, while keeping
their investment plans intact despite crisis in the region.
News that investment managers at the Texas Teacher Retirement
System received more than double what every other state agency's top
employees have received combined since 2007 has raised concerns that
top-performing executives may flee smaller funds with less robust
compensation structures.
In response to statements by a CalPERS board member that Wall Street firms seeking to invest with public pensions should disclose if they’ve supported groups critical of government funds, industry insiders have expressed concerns over first amendment rights.
In a bid to enhance Australia's reputation as a foreign investment destination, the Australian government is considering rules that would give foreign government-owned funds a tax break.
Following PIMCO's decision to launch an ETF version of the world’s largest bond fund, investment consultants raise questions about the use of ETFs among institutional investors.
A property and casualty unit of bailed-out insurer American International Group Inc. is transferring billions of dollars in potential asbestos liabilities to a subsidiary of Warren Buffett's Berkshire Hathaway Inc.
The Federal Energy Regulatory Commission (FERC) has fined Brian Hunter, once one of the most renowned energy traders, $30 million for his role in a scheme that manipulated prices in the natural gas futures market.
With Japan's nuclear disaster raising fears that the global market for nuclear reactors will not be as robust as previously expected, the Ontario Municipal Employees Retirement System has abandoned its purchase of Atomic Energy of Canada Limited (AECL).
The chairman of China's $300 billion sovereign wealth fund has said that the CIC will target emerging economies, following his remarks that recovery in emerging markets will repair the global economy.
