In a complaint filed in New York state Supreme Court in Manhattan, ABP -- Europe's second-biggest pension fund -- has claimed Deutsche Bank made false and misleading statements about underwriting standards and practices, loan-to-value ratios, appraisals and owner-occupancy statistics.
According to a research study conducted by Towers Watson, the assets of major Australian institutional funds grew 26% in 2010, dwarfing the global growth rate of 11%.
New figures from Mercer show that August was a dismal month for US pension plan funding levels, which could have potential ramifications for 2012 financials.
Allianz, Europe's largest insurer, has restructured its asset management business, giving subsidiary PIMCO, the world’s largest bond manager, more freedom around distribution of its products.
USPS CEO Patrick Donahoe testified Tuesday that without Congressional approval to change rules on benefits funding, the Postal Service will soon be insolvent.
The alternatives-heavy endowment model and the bond-heavy risk parity model will outperform the 60/40 approach to investing on a risk-adjusted basis, CIOs believe.
Two pension funds invested in Sino-Forest, the Chinese forestry company battling allegations of fraud, have filed a claim against the firm's management, directors, auditors, and advisers, seeking $6.5 billion in damages.
A new report by SEI and Greenwich Associates shows that institutional investors, fund managers, and consultants plan to increase their private equity allocations or recommend increases to their clients over the next year, but they are urging greater transparency in the asset class.
Recent court testimony claims bond fund star Jeffrey Gundlach spent his last months at the company claiming he had job offers from PIMCO and Western Asset Management.
Australia's Prime Minister Julia Gillard is adamant that the nation's trillion-dollar superannuation regime is sufficient, ruling out the need for a sovereign wealth fund.