As part of its pursuit toward assets with long-term income streams, the Canada Pension Plan fund is boosting its real estate and infrastructure holdings.
Citing financial stresses of its large unfunded pension liabilities, the S&P has lowered its ratings on the state of New Jersey's general obligation debt.
California Controller John Chiang has said he is sponsoring two new bills in the state Legislature with the goal of tightening ethics requirements for CalPERS and CalSTRS.
Research by Cogent Research has shown that in a survey of 590 institutional investors, PIMCO and Loomis Sayles came out as the most preferred in terms of investment performance and philosophy.
The UK's 6,560 final-salary schemes in the private sector covered by the Pension Protection Fund (PPF) have seen their surpluses over their liabilities more than double in January.
The giant California pension fund is set to revise its investing strategy following steep losses.
According to New York City Comptroller John C. Liu's testimony before a joint hearing of the New York State Assembly Ways and Means Committee and the State Senate Finance Committee in Albany, the city's pension funds' 6-month return has topped 16%.
According to an SEI poll, pension plan sponsors say their number one priority for the coming year is finding a way to control funded status volatility.
The 2011 Credit Suisse Global Investment Returns Sourcebook has shown that the average annualized returns for the 19 countries in the authors’ worldwide sample were 5.4% for bonds and -0.4% for stocks, warning that future returns for bonds are likely to be far lower.
The California Public Employees’ Retirement System (CalPERS) is suing ex-Lehman executives and underwriters, saying they hid Lehman’s exposure to subprime loans when they sold the California public pension fund about $700 million in bonds.
Results from an analysis based on Eager, Davis & Holmes’ Tracker Hiring Analytics database shows US institutional investment manager hires rebounded in 2010 relative to a low water mark set in 2009.
According to the latest research by consultant firm Towers Watson, US pension fund assets reached $15.3 trillion in 2010, up 11% from 2009, with global institutional pension fund assets hitting $26 trillion.
According to the latest quarterly CIO study by KBW analysts, the outlook for active equity has modestly improved, while alternative strategies in particular seem poised to generate new flows.
Wesleyan University's Chief Investment Officer Anne Martin is implementing a new philosophy following the scandal of Thomas Kannam, the endowment's former CIO who left the school after being sued for spending most of his time on outside business ventures, despite having a contract that prohibited such behavior.
Tony Hayward, the former BP chief executive, has reportedly been approached by Abu Dhabi's sovereign wealth fund -- the Abu Dhabi Investment Authority (ADIA) -- to set up a new global oil company.