Western Asset Management had purchased prohibited securities that resulted in significant losses to employee benefit plans, according to the SEC.
News Archive: Jan - 2014
Bridges Ventures and Bank of America Merrill Lynch have compiled a de-risking toolkit for investors considering impact investment.
The Kuwaiti sovereign wealth fund will focus on increasing its infrastructure investments in UK, US, and European markets.
Ian McKnight, CIO of the leaner Royal Mail pension fund, on hedge fund investing and getting the best from advisers.
The ever-popular infographic of hedge fund strategy returns has been updated with full 2013 performance. Who’s on top, and who missed the mark? Find out…
Pensions and life insurance provider Storebrand is cutting its carbon footprint and trying to stop deforestation.
Patrick Groenendijk will become a practice leader in fiduciary management at the company’s Chicago office.
Insurers will likely venture into unchartered assets this year in pursuit of income, BlackRock predicts.
The bankrupt city may receive a generous contribution of $350 million from its home state, in addition to the privately raised $330 million.
The Canadian will leave Alberta to manage University of California Board of Regents’ $80 billion fund.
The deficit of US cities’ pension funds ranges between under $1000 and $18,000 per resident, according to Morningstar.
State Street data has revealed the driving force behind 2013’s double-digit returns for the institutions.
The investment bank is being taken to task over selling poorly performing structured products.
All real assets are not created equal and investors have to be sure of what they need before committing.
Hedge funds recorded double-digit returns in 2013, resulting in investor satisfaction and a hike in asset growth to $2.66 trillion, according to Preqin.