In response to a call by Britain's former City minister Lord Myners for major shareholders to look to the longer term, a leading fund manager condemned Twitter for contributing to a society keen on instant results without regard to what will happen years into the future.
In a bid to increase returns, the $471 billion fund has intended to broaden its investments to include infrastructure projects and private equity investments.
In the biggest deal ever involving a benefits consultant, the $4.9 billion acquisition will likely strengthen Aon's drive into human resources consulting.
The regulator is charging two former top State Street Corp. executives of misleading investors in a bond fund at the center of a $313 million settlement between parent State Street and the SEC earlier this year.
South Korea's National Pension Service will invest in Asian and Australian real-estate as it continues to diversify its portfolio, now mainly invested in domestic bonds.
The deal between Onex, the Canadian private equity firm, and the Canada Pension Plan is valued at $5 billion, making it the largest private-equity deal this year.
The country's biggest business lobby and another business group are
challenging the Securities and Exchange Commission's new rules that make
it easier for shareholders to nominate directors of public companies
and to oust sitting directors.
Despite a rally in equities, investor confidence has fallen in Europe and the US in September, according to research by State Street Global Markets (SSGM).
As demands for energy are expected to climb by as much as 40% in the next 20 years as incomes rise in emerging markets and as the global economy rebounds, the Caisse de Depot et Placement du Quebec plans to invest more heavily in energy and minerals.
The $300 billion sovereign wealth fund's supervisory board Chairman Jin Liqun said at an address at the Super Return Asia 2010 conference that the CIC will not invest in areas with repuational risk -- such as defense, casino and alcohol-related sectors -- and sees more room to collaborate with global institutions.
Research by EDHEC-Risk Institute has found that 45% of pensions had poorly defined liability hedging portfolios while a quarter of schemes have not fully identified their liabilities.
The Government of Singapore Investment Corporation, manager of more than $100 billion of reserves, has released its annual report for the third year, revealing positive news: a recoup of most of the losses made in 2008 as stock markets rebounded.
