Research by TheCityUK, a UK-based financial services trade organization, has discovered that worldwide investment management conventional assets rose 10% in 2010 to a record $79.27 trillion.
According to the UK’s leading shareholder activist body, it is imperative for News Corp to overhaul its board structure in the wake of its phone hacking scandal.
The Bank of England has unleashed £75 billion of emergency support in an effort to lessen tensions threatening the UK's recovery, yet Aon Hewitt predicts the move of QE2 will only exacerbate pension funding problems.
Amid an environment of falling equities values and low interest rates, Legal & General Investment Management America, BNY Mellon Asset Management, and UBS Global Asset Management have all separately released reports showing that corporate funding is on the decline.
BNY Mellon has been sued by the New York attorney general and the United States attorney in Manhattan, who claim the financial institution defrauded New York City pension funds and other retirement plans nationwide over the price of foreign-exchange transactions.
Florida Attorney General Pam Bondi has said it is "indefensible" that the state pension is asking for nearly $11,000 to collect public records regarding the scheme's investments.
US District Judge James O. Browning in Albuquerque, New Mexico has ruled that Moody’s Corp., Fitch Inc. and Standard & Poor’s must face a New Mexico securities lawsuit.
A new study from the EDHEC-Risk Institute, produced as part of the Amundi ETF research chair on "Core-Satellite and ETF Investment," has found that implementation of a Dynamic Core-Satellite approach can boost portfolio returns while keeping downside risk under control.
The Ontario Municipal Employees Retirement System (OMERS) is set to launch a venture capital arm that plans to commit $180-million in the next three years.
Morgan Stanley has won the dismissal of a Virgin Islands government pension fund lawsuit accusing the bank of defrauding investors of $1.2 billion of risky mortgage debt that it expected to fail.