MetLife Study Reveals UK Pension Risk Behaviour
MetLife Assurance surveyed defined benefit pension
scheme sponsors and trustees to understand how they viewed certain
investment, liability and business risks.
News
Former CalPERS Official Villalobos Denies Fraud Accusations
Alfred R. Villalobos, a former CalPERS official accused of serving as
a placement agent, denied fraud accusations in a statement yesterday,
saying the attorney general's suit against him was filled with
significant factual errors.
Australian Road Operator May Reject Canadian Pension Bids
Transurban,
Australia’s biggest toll road operator, plans to raise enough capital to
finance its acquisition of
Sydney's troubled Lane Cove Tunnel.
CalPERS Votes to Separate Chairman and CEO Roles at Goldman; Blankfein Defends Reputation
The largest U.S. public pension fund said it believes if the Goldman chair is not the CEO, the board may be able to exercise stronger oversight of management; Goldman CEO Lloyd Blankfein faced shareholders at the annual meeting Friday in New York.
Norway’s SWF Sees Green Shoots After Market Downturn, Posts 3.9% Q1 Return
Yngve Slyngstad, head of Norges Bank Investment
Management, the central bank’s asset management arm, said he sees market
turmoil as an opportunity and not a threat.
Opinion: Mutual Funds in Times of Crisis
Head of Global Consulting at Strategic Insight Daniel Enskat examines the influence of mutual funds in turbulent economic times.
Opinion: UK Elections 2010: Candidates Await Their Fate
The Conservatives, headed by David Cameron, lead Labour in the seat count in the House of Commons, but exit polls suggested that Conservatives would fall short of the 326 seats needed to form a majority by about 20 votes.
Secretive SWFs Meet in Sydney
More than 24 sovereign wealth funds will meet in Sydney this week
for a three-day closed conference.
California Sues Two Former CalPERS Heads
The state is suing California pension fund officials Federico
Buenrostro Jr. and Alfred R. Villalobos for their role in an alleged
scheme to obtain business for investment firms, providing pension
officials with luxury trips and other gifts.
Why Institutional Investors Are Increasingly Using ETFs
A report by State Street Global Advisors (SSgA) reveals insurance
companies, pension funds and endowments are becoming more receptive to
ETFs.
CalPERS Case Against Rating Agencies Proceeds
The agencies all gave "triple-A" ratings to several structured investment vehicles that collapsed in 2007 and 2008.
UK Pension Deficits Stand at £210 Billion
New findings by Pension
Capital Strategies show 2010 will be a tough year for UK pension
schemes.
PBGC Accused of Lax Controls; Faces $12.9 Billion Deficit
Auditors found that PBGC, which protects workers’ benefits when a company defaults on its pension plans, suffered from a "material weakness," the accounting equivalent of an F grade.
Pension Funds vs. Buffett in Goldman Battle
US pension funds and other shareholders have aggressively sued
Goldman Sachs in the wake of SEC fraud charges, but the Oracle of Omaha
defends the bank's credibility.
Peru's Largest Pension Raises Investment in Emerging Markets
Higher returns on investment by Peru's
four pension funds have
caused them to seek an increase in the limit on their oversees
investments.