US bankruptcy court judge James Peck in Manhattan has given his nod of approval for Lehman Brothers to send its liquidation plan to creditors.
News Archive: Aug - 2011
Recent court testimony claims bond fund star Jeffrey Gundlach spent his last months at the company claiming he had job offers from PIMCO and Western Asset Management.
Australia's Prime Minister Julia Gillard is adamant that the nation's trillion-dollar superannuation regime is sufficient, ruling out the need for a sovereign wealth fund.
Canada's Caisse de dépôt et placement du Québec is facing scrutiny for US investment amid pressure to foster the province’s economic development.
Pacific Investment Management Co. founder Bill Gross says he has "lost sleep" over a wrong call on US Treasury bond interest rates, which cost him in his Total Return bond fund.
A recent study by Keefe, Bruyette & Woods has found that the hype over alternatives among institutional investors in the US is not expected to subside.
The largest public pension fund in the US has settled a lawsuit with Fitch Ratings over claims that it, as well as Moody's Investors Service and Standard & Poor's, assigned inaccurate ratings that resulted in massive losses.
New Zealand's Green Party has asserted that the county's Superannuation Fund is investing in cluster-bomb manufacturers, which is illegal.
According to the UK Sustainable Investment and Finance Association, too few UK pension funds are adopting responsible investment approaches despite an uptick in interest.
Bank of America has sold about half of its 10% stake in China Construction Bank to a handful of sovereign-wealth funds and institutions in the US and Asia, totaling $8.3 billion before taxes.
Jeffrey Gundlach's DoubleLine Capital is favoring cash over almost all investments including corporate bonds.
The monitoring of Hurricane Irene's impact on catastrophe bonds continues.
Two Ohio public pensions are asking a judge to disallow federal agency rules that would potentially subordinate their claims in a lawsuit against Fannie Mae.
New data released by the Center for Retirement Research shows that union strength appears to have no impact on the level or growth of benefits.
Consulting firm Aon Hewitt claims that EU rules on the establishment of cross border pensions must be simplified.