Pacific Investment Management Co. (PIMCO) gained $50 million and Morgan Stanley lost tens of millions when they took opposing positions on inflation.
News Archive: Jul - 2011
As custody banks such as State Street face lawsuits for fraud and misrepresentation over foreign-exchange pricing, industry sources say such allegations may have little material impact on their relationships with pension funds.
A new study by consultants bfinance reveals that pension funds are increasing turning toward alternative investments while market uncertainty is spurring a move to bonds with shorter durations.
Canadian hedge funds are receiving large influxes of capital due to surging interest in alternatives coupled with Canada’s unique position in a commodities-fueled economy.
A report by the World Bank explains that pension funds herd more in assets for which they have less market information and when risk increases.
A group of 11 mortgage-bond investors have filed a challenge to Bank of America’s proposed $8.5 billion settlement with holders of its subprime mortgage securities.
De-risking is a top priority among pension funds around Europe, a new study by Aon Hewitt shows.
Norway's oil fund -- the Government Pension Fund Global (GPFG) -- has agreed to form a joint venture to buy $1 billion of real estate assets in Paris from AXA.
Governments will moderate their controls on capital and currency market interventions in the coming years in response to the preferences of international capital, says PIMCO.
China's sovereign wealth fund and financial firm Citibank are reportedly interested in buying a stake in social network Facebook.
The $42.3 billion Teachers’ Retirement System of New York City has rejected investing in the hedge fund space.
A 2010 internal document from the Libyan Investment Authority has revealed that the multi-billion dollar sovereign wealth fund was wracked by mismanagement and confusion months before NATO’s intervention into the country.