Global custodians remain the largest vendors of performance
measurement services to institutional investors, yet more and more
investment management consultants are able to provide the same services.
A survey from IE Consulting
shows a majority of pensions believe misalignment of interests with
their private equity managers (GPs) had become more apparent during the
crisis.
1Malaysia Development Bhd
(1MDB) and Qatar Investment Authority (QIA) will pursue a partnership to
capitalize on opportunities in the energy and real estate sectors in
Malaysia's Klang Valley.
The New York-based retirement plan provider is looking for money
managers from colleges and foundations and may announce the initiative
as soon as this week.
Most institutional investors intend to either maintain or increase
their allocation to private equity in 2010, according to research by SL
Capital Partners.
Uncertainty is affecting investment policy and combined with the
recent heightening of sovereign risk, is resulting in a highly complex
operating environment for sovereign funds.
The head of the US Securities and Exchange Commission’s Manhattan
office said the financial crisis has propelled him to scrutinize
products normally sold to institutional investors; US regulators have
widened their probe into Wall Street banks.
Poor
safety records in regards to the April 5 explosion in West Virginia
that killed 29 men and injured two have incited Massey Energy Inc.
shareholders to rebel against the coal company.
Pensions consultancy Lane Clark & Peacock predicts pension fund
'buyout' deals, where insurance companies takeover schemes' risk, are
set to be about twice as popular this year as in 2009, but insurers may
run out of capital.
New York Attorney General Andrew M. Cuomo's civil suit
against Ivy Asset Management and two senior executives
puts asset
managers on the hot seat, yet the execs say they
plan to fight the allegations.
