Fidelity and BlackRock are reportedly looking into whether custody banks overcharged them for foreign exchange transactions.
News Archive: Apr - 2011
US Census Bureau: While Still Lagging Below Pre-Crisis Peaks, Public Pensions Continue Their Recovery
Boosted by stock market gains, US state and local government pension-fund assets rose in value by 5.5% in the last three months of 2010, recouping some of 2008's losses.
On the Opening Day of America’s national pastime, Editor-at-Large Joe Flood muses on what the Red Sox and Yankees' ultimate success or failure means for Wall Street’s fortunes.
Pension underfunding is driving heightened interest in both hedge funds and fund-of-funds, according to a recent white paper.
Judge John Keenan has dismissed a lawsuit by a group of pension funds which accused Freddie Mac of materially misrepresenting its exposure to risky mortgage products, leading to investment losses.