Singapore's GIC, the biggest shareholder in Citigroup and UBS, plan to hold onto its stakes in the two banks for the long-term, executive director Tony Tan told reporters in the Swiss town of Davos.
News Archive: Jan - 2011
The attorney general alleges that despite its actions, Countrywide Financial Corporation continued to misinform investors that it maintained stringent mortgage loan underwriting standards that differentiated it from its competitors and other subprime lenders.
According to two separate surveys of pensions, schemes both domestically and globally are intending to reduce their exposure to equities as well as fixed-income, planning greater allocations to alternatives.
Moody’s Investors Service has said in a report that pension obligations will continue to weigh on states’ credit ratings.
A report issued by the International Monetary Fund (IMF) has argued that sovereign wealth funds should engage in regular macro-risk assessments, stressing the continued importance of these large pools of capital as stabilizers in international markets and major players in global regulatory reform.
In one of the largest forestry estate transactions in Australia, Alberta Investment Management Corporation (AIMCo) has agreed to acquire, together with partner Australia New Zealand Forest Fund (ANZFF), the timberland assets of Great Southern Plantations (GSP) for a total purchase price of $417 million.
For the second consecutive year, Northern Trust announced that US institutional investment plan sponsors had positive investment performance.
The money manager's index, which uses 100 as a neutral reading, has found that investor confidence dropped 3.3 points to 100.9 in January from 104.2 in December.
The California public pension's Chief Investment Officer Joe Dear has continued faith in property, with a goal of achieving steady, modest gains.
Data gathered from 850 US colleges, universities and affiliated foundations participating in the 2010 NACUBO-Commonfund Study of Endowments has shown a sharp improvement in investment returns.
The consultant firm noted that the regulatory focus on plugging scheme deficits quickly is actually a hindrance.
As private equity firms aim to become increasingly diversified asset managers following the financial crisis, Carlyle Group has agreed to buy AlpInvest Partners to expand its asset management operations.
The Securities and Exchange Commission has adopted rules concerning shareholder approval of executive compensation and "golden parachute" arrangements.
A survey by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) has shown a shift in approach by investors in terms of preferred location.
Illinois now joins other states targeted by the SEC as the regulator demands greater financial disclosure and transparency from pension funds around the country.