London School of Economics Report Combats Notions Over Activism and Disclosure
A report by the London School of Economics claims that voting disclosure is 'not a panacea.'
News Archive: Aug - 2011
Searching for Higher Yield, OTPP Engages in Shareholder Activism
The Ontario Teachers' Pension Plan (OTPP) is pressuring New York-based McGraw-Hill for changes that would boost the share price.
PIMCO's Gross Echos Harvard Professor, Saying US Economy Is at 'Tipping Point'
While the economy hasn't yet dipped into a recession, it may be at a 'tipping point,' according to PIMCO's Bill Gross.
With 11.7% 2010 Return, China's CIC Is Cautiously Optimistic
After boosting its allocation to equities and alternatives, the CIC has posted a 11.7% return for second year in 2010.
With Market Uncertainty Over Debt Ceiling, US Pension Funding Dips in July
Market uncertainty surrounding the US debt ceiling debate has affected plan sponsors, Mercer suggests.
Rep. Spencer Bachus Criticizes SEC for Being 'Flawed and Inefficient'
US Representative Spencer Bachus has said he is planning legislation to restructure the U.S. Securities and Exchange Commission in order to implement changes recommended by the agency’s inspector general, the Government Accountability Office and a consultant’s report mandated by the Dodd-Frank Act.
Cambridge Associates to Investors: Stray Away From Long-Only Equities to Mitigate Risk of Another Perfect Storm
According to Cambridge Associates, investors may want to move away from the traditional approach of allocating primarily to long-only equities, with just a modest allocation to other strategies like real estate and private equity.
MassPRIM Ups HFs, Emerging Markets, Slashes Equities
The $50.3 billion Massachusetts Pension Reserves Investment Management (MassPRIM) board is shifting its investments toward hedge funds and emerging market debt at the expense of equities.
BlackRock Says SWFs Remain Committed to the Euro, Despite Crisis
A senior money manager at BlackRock has asserted that the euro's resilience amid the ongoing crisis among euro-zone members "underscores that sovereign wealth funds continue to believe in it."
Sustainable Investing Experiences Burgeoning Institutional Interest in Germany, Research Shows
Institutional interest in sustainable investing is on the rise in Germany, according to a study by Union Investments.
China Mandates That Firms Get Bondholder Approval on Restructuring
As China's debt booms while the country aims to contain default risk, Chinese firms must now obtain approval from bond investors before they restructure their assets.
IMF Urges Reforms in Britain's Public Pension System
The International Monetary Fund has urged the UK to implement new reforms in its public pension system, asserting that more could be done to improve structure and cost.
Institutional Hires Abound in Alts and RE at Expense of Equities
Research by Eager, Davis & Holmes reveals that institutional hires in alternative investments and real estate increased in the first two quarters of 2011 at the expense of domestic active equity and fixed-income.
Was Hedge Fund Falsely Accused of Malfeasance?
The three Louisiana pension funds that expressed concern over Fletcher Asset Management’s liquidity and financial reporting practices have sent a team to the hedge fund to investigate the matter; their findings suggest that the initial concerns may have been unsubstantiated.
Australia's Super Funds Face New Risk Disclosure Guidelines
The Association of Superannuation Funds of Australia (ASFA) and the Financial Services Council (FSC) has announced new industry guidelines to standardize the disclosure of investment risk in superannuation funds.