After leaving office as New Jersey's governor, Jon Corzine assumed the CEO position of MF Global, pledging to improve the firm's financials -- but ended up leaving it in a state of crisis.
News Archive: Oct - 2011
The California Public Employees’ Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) have issued statements on the governor's pension reform proposal.
Bill Gross, who manages the world’s largest fixed-income fund -- the PIMCO Total Return Bond fund -- has asserted that you cannot solve a debt crisis by creating more debt.
A new report from PricewaterhouseCoopers shows that mergers-and-acquisitions activity in Canada was up in the third quarter from a year earlier, particularly in terms of deal volume, fueled by Canada's big banks and pension funds.
Denmark’s ATP fund has revealed it is open to investing in Europe’s rescue vehicle, which will be created with the goal of saving the region’s most indebted members.
Mayor Michael Bloomberg and New York City Comptroller John Liu have announced a sweeping overhaul of the city’s five main public employee pension systems.
A new report from the Foundation Center shows more US foundations are making investments that further their missions.
California Governor Jerry Brown has proposed sweeping rollbacks to public employee pension benefits in California.
A new analysis by Mercer has shown that the funded status for most pension plans is anticipated to drop significantly with plan sponsors facing sharply higher contributions for 2011 and beyond.
The State of Wisconsin Investment Board (SWIB) had invested a total of about $300 million in hedge funds as of August 31.
An approach by the Federal Reserve of QE3 would be the wrong path to take to improve the US economy, notes Michael Litt, founder and chief investment officer at Arrowhawk Capital Partners.
Rajat Gupta, a former board member of Goldman Sachs and Proctor & Gamble, has been indicted by US prosecutors and accused of cheating the markets with Raj Rajaratnam, the convicted hedge fund founder who was at the center of the probe.
The Los Angeles pension board has voted to lower its earnings estimates for the next several years.
The state of Indiana is working to divest itself from companies which do business in countries labeled as state sponsors of terrorism.
The Massachusetts Pension Reserves Investment Management (MassPRIM) has said it may drop BNY Mellon, its partner on foreign-exchange trading.