Executives from American International Group Inc. and Goldman Sachs are testifying today in a two-day FCIC hearing, focusing on the role of derivatives during the financial crisis.
News Archive: Jun - 2010
Legal experts say the Supreme Court ruling would likely hit claims from BP’s foreign shareholders in US courts while also negatively impacting the position of US investors.
Takahiro Mitani, president of the world's largest pension fund, says splitting the fund in two would be inefficient.
A group of 12 creditors says Lehman Brothers Holdings Inc.’s plan to pay claims fosters conflicts among creditors that may lead to lawsuits.
Ten years after the UKSIF introduced pensions disclosure regulation, the group is urging schemes to increase their skills in sustainability governance.
The death of Senator Robert Byrd and the wavering Senator Scott Brown may delay the approval of Wall Street overhaul rules, which has been a top priority for President Obama.
In letters to Canadian Prime Minister Stephen Harper and Chung Un-Chan, prime minister of South Korea, the International Corporate Governance Network urged G20 leaders to recognize the intrinsic role of institutional investors in reforming shareholder rights.
Bahraini state investment fund Mumtalakat said losses soared last year as it restructured some of its holdings.
US regulators are likely to restrict investment advisers from giving money to politicians to win pension business after pay-to-play scandals.
President Barack Obama signs legislation that offers funding relief for DB pensions; broader financial reform bill exits House-Senate committee, awaits final vote.
UBS Global Asset Management publishes Pension Fund Indicators 2010.
Patric de Gentile-Williams, chief operating officer of hedge fund seeding specialist FRM, says he’s seeing the most sophisticated investors backing up start-up or small hedge funds again.
Trustees say volatility and funding status concerns influence considerations for new allocation strategies, a new SEI survey reveals.
In Japan, the DIC pension plan is looking to diversify into real estate, while the GPIF is indicating a move to make the fund more transparent to the public.
SDCERA is seeking to increase the allocations to its global macro hedge fund managers, while also looking to avoid salary caps.