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.
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.
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.
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.
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.
As pension funds are demanding greater investment in catastrophe bonds, Europe’s second-biggest insurer has revealed that its funds investing in catastrophic bonds may more than triple.
The Ontario Municipal Employees Retirement System, which earned a 12% return last year as its net assets grew to $53.3 billion, is seeking to compete against banks and insurers to administer the new pooled registered pension plans (PRPPs).
New research in the Credit Suisse Global Investment Returns Yearbook 2010 by professors from London Business School has shown that over the long run, equities have outperformed inflation, bonds and cash in every market examined.
In an effort to stop a planned $9.53 billion sale to Deutsche Boerse AG, the Louisiana Municipal Police Employees’ Retirement System has sued NYSE Euronext.
California’s Little Hoover Commission, an independent state agency created to develop recommendations to control state and local government pension costs, found that the 10 largest pension funds faced a combined unfunded liability of $240 billion in 2010.
US District Judge Mariana Pfaelzer in Los Angeles has required Countrywide and its parent company, Bank of America Corp., to provide $600 million for former Countrywide shareholders, yet many investors aren't satisfied by the settlement.
Northern Trust has deployed Passport ‘web 2.0’ to improve user experience, allowing clients, including pension officers and investment fund managers, to customize their desktop for efficiency.
