October 31, 2014
The $300 billion pension is celebrating a reversal of a decision to impose huge cuts on public workers’ pensions.
October 29, 2014
Consultants could be breaking US law by recommending their own investment management services, a government official has said.
October 27, 2014
A judge
will decide next week whether Detroit’s plan to slice $7 billion of debt is feasible.
October 22, 2014
The UK government’s financial backing of BT’s pension fund has been called into question following a European court ruling.
October 22, 2014
Pension funds will have to disclose hedge fund, private equity, and infrastructure exposure on a quarterly basis as Denmark grapples with “prudent person” guidelines.
October 13, 2014
JP Morgan has asked a judge to throw out a case because it claims it had full discretion over investment choices.
October 7, 2014
Libya’s sovereign wealth fund is chasing Goldman Sachs to recoup more than $1 billion.
October 2, 2014
A bankruptcy judge has verbally ruled that CalPERS is no more important than other creditors.
September 25, 2014
A reported SEC investigation is just the latest blow to the fixed income giant.
September 17, 2014
New Jersey’s no-holds-barred politics have swept up the state pension fund, as a union lobs claims of impropriety at the board chairman. Leanna Orr investigates.
September 9, 2014
The
total settlement from seven private equity firms amounted to almost $600
million.
September 9, 2014
Mathew Martoma is the seventh ex-SAC Capital employee to be convicted of insider trading.
September 5, 2014
Vector Capital, meant to be a technology fund, partly owns an offshore loan business charging customers 600% interest.
September 5, 2014
Lawyers on either side of the Bering Strait are readying for legal battles involving pension funds.
September 4, 2014
A Legal & General Investment Management economist thinks the Fed and Bank of England are fundamentally wrong.