Illinois Attracts $3.7 Billion to Plug Pension Shortfall
Despite Illinois’ financial troubles, the state has received $6.1 billion in orders from a record 129 investors.
News
Institutional Investors Dominate Commodity Investments
A report by Barclays Capital has revealed that institutional investors are poised to dominate net inflows to commodity-related investments.
Singapore's GIC Calls US the 'Single Most Important Source of Global Prosperity'
Tony Tan, the Government of Singapore Investment Corp's (GIC) deputy chairman, has said that the sovereign wealth fund will continue to look to the US as a prime investment destination despite global economic turbulence.
In Fight for Shareholder Democracy, Apple Shareowners Support CalPERS Proposal
Apple Inc. shareowners have supported a proposal by the nation's largest public pension fund that advises the company to adopt a majority vote standard for board candidates in uncontested elections.
Engagement Study Highlights Power Shift, Conflict Between US Corporations and Shareholders
A report commissioned by the IRRC Institute and conducted by Institutional Shareholder Services Inc. has revealed that between investors and public US corporate issuers, engagement is high and increasing, with wide variances in duration, prioritization and definitions of success.
State Street Notes Drop in Investor Confidence Spurred by Political Turmoil
State Street research shows investor confidence dropped in February on the heels of political turmoil.
Japan's GPIF Calls on Gov't to Rein in Mounting Public Debt
Chairman Takahiro Mitani of the world's largest pension fund has warned Japan that it must resolve its debt problems before it reaches a crucial point in five to 10 years.
PIMCO's Mohamed El-Erian Voices Concerns About a Tipping Point in the Middle East
Mohamed El-Erian writes that western countries will have trouble trying to offset short-term inflationary pressures in the Middle East.
Report Shows UK Pension Managers Charge 11% Increase in Fees, Often Without Adding Value
A study based on fund managers overseeing 80% of UK pension scheme assets shows that in the year to September 30, market performance alone accounted for an 11% increase in management fees.
Aussie Superannuation Funds Set to Achieve Double-Digit Growth
Research shows that Australian superannuation funds gained ground in January as US share markets continued their strong run.
Norway SWF Champions Southern European Bonds
Chief Executive of Norway's $513 billion Pension Fund Global Yngve Slyngstad believes measures that were taken during 2010 by European politicians were positive and believes yields on southern European countries' bonds will continue to improve in 2011 as a result.
Wisconsin Embraces HFs for the First Time
The State of Wisconsin Investment Board has made its first-ever allocation to hedge funds this week after months of reviewing managers.
CPPIB to Buy 50% of German Retailer, Highlighting Popularity of German Property Investments
The Canada Pension Plan Investment Board (CPPIB) has purchased 50% of German-based CentrO, Europe's biggest retail center.
Illinois Fund Sees Value in Emerging Market Specialists
The Illinois State Board of Investment is mulling over reallocating part of its non-US equity portfolio to dedicated emerging market managers.
Consultants Respond to Worries Over Sovereign Debt and Inflation
Investment consultants respond to G20's concerns about overheating emerging markets and sovereign debt worries in advanced countries.