Mercer Settles Alaska Pension Suit for $500 Million
The
Alaska Retirement Management Board blamed Mercer for unfunded
liabilities.
News
Former Hevesi Aide Led $35 Million Fraud Scheme, Cuomo Says
On Monday, New York's
attorney general said in court papers that just because "everybody does
it" in Albany, doesn't mean corruption is
legal.
Pensions Use World Cup to Urge Investment in Africa
Fund managers say Africa hides some of the best value
opportunities for pioneering investors.
Growing Pressure to Tighten ESG Pension Rules Following Gulf Disaster
BP’s oil fiasco has pushed lobbyists in the UK to urge pensions to disclose what environmental, social and governance (ESG) issues are taken into account in their investment policy.
China’s SWF to Shift Away From Its Long-Term Focus
The shift could mean the $300 billion China Investment Corp (CIC) could increase its holdings of stocks.
No Revenue Without Conviction
Directionless investors are conspiring with weak macro-economic conditions to unsettle a business model dependent not just on activity, but short selling, leverage and spreads, says Dominic Hobson, editor in chief of Global Custodian.
Alternatives Provide No Alternative to Public Equities
Senior Contributor to PLANSPONSOR and ai5000 John Keefe reports.
CalSTRS Sues Massey Energy
The California State Teachers’ Retirement System has joined forces
with Amalgamated Bank and Manville Trust to file a lawsuit against
Massey Energy for alleged safety misconduct.
China’s Pension Head Offers Glimmers of Hope, Lifts Euro
The head of China's $114 billion national pension fund said Thursday
that the euro will survive the sovereign debt crisis.
OPINION: If Investment Requires Diversity, Diversity First Requires Investment, from The Trade
Chris Hall, editor of The Trade, examines diversification for asset management firms.
OPINION: Alternatives to Greater Losses, from SI Global
Jag Alexeyev, head of global research and senior managing director at Strategic Insight, explores the future of alternatives through mutual funds.
Florida Pension Dives Into HFs and Infrastructure
The $109.5 billion Tallahassee-based public pension aims to increase
its exposure to alternative investments.
Pension Fund Deficits Increase in May
According to the Pension Protection Fund (PPF), the collective
deficit of the UK's private sector final-salary pension schemes worsened
by more than £40 billion in May.
Asset Owners Considering Climate Change Investment Policies Double
A new report reveals
twice as many investors are asking stock and bond managers about their
global-warming policies as two years earlier, but integration of these
policies into investment mandates has failed to take off.
Survey: Pensions Move Toward Riskier Assets
A trend has emerged as pension
funds
shift away from equities and invest in riskier assets by diversifying
into alternatives, with infrastructure leading the way.