Mounting problems for Goldman: CalPERS claims that when Goldman
applied with the fund to become a real estate investment consultant, it
misled the fund about it's legal status, specifically stating that it
was not "the target of a formal investigation."
Dutch money manager
Robeco Group aims to double assets from Japanese pension funds within
two years, shifting investments away from traditional asset classes such
as bonds and equities.
An adviser to China’s enormous state pension fund is planning to
return to the hedge fund world by forming JT Capital Management, a
China-focused fund.
A preliminary study in Canada shows that while research has shown
that funds with published investment beliefs achieve better risk
adjusted results, a majority of funds are secretive about their
investments.
The executive director of the Massachusetts Pension Reserves
Investment Management Board (MassPRIM) is stepping down next month, a
treasury staffer said Monday.
Citing a $19.1 billion budget deficit, the largest US public pension
delays taking hundreds of millions of dollars more from the state to
pay for employee retirement benefits next year.
