UK Scheme Battles Criticism for £24M Tobacco Investment
Kent County Council has encountered scrutiny from campaign groups for investing £24 million of its pension fund portfolio in tobacco companies.
News
Agecroft Partners: Hedge Funds Better-Equipped Since 2008
Agecroft Partners says that hedge funds are better prepared today as a result of the 2008 financial crisis.
Moody's Lowers Japan's Rating; No Shock to Investors
Moody's downgrade of Japan's sovereign debt may seem unexpected, but investors are not surprised by the decision.
Gulf Investment Corporation Appoints Russell Read as New CEO, CIO
The Gulf Investment Corporation has announced the appointment of Dr. Russell Read as Deputy CEO and Chief Investment Officer.
Obama Appoints New Federal Retirement Thrift Investment Board Chairman
Michael Kennedy has been designated as chairman of the Federal Retirement Thrift Investment Board by President Barack Obama.
OTPP and Jana Demand Division of McGraw-Hill
McGraw-Hill is moving toward a spin-off of its education business as it continues a restructuring of the company, driven by shareholder pressure.
Amid Turbulent Times, SPDR Gold Shares Emerge as World's Largest ETF
Assets are continuing to flow into the gold bullion ETF as they flow out of the S&P 500 ETF.
Report: Amid Rising Popularity of Mergers, Australia's Superfunds Should Remain Wary of Drawbacks
Research conducted by Russell Investments warns that the growing trend for mergers among Australia's industry superannuation funds may not be serving the best interests of members.
Local, State Credit Downgrades May Follow S&P Downgrade of US Debt
In a recent report, ratings agency Standard & Poor's revealed that state and local governments are likely to face credit downgrades following a finalization of the US budget.
ADIA to Rejigger External Equities Teams
The Abu Dhabi Investment Authority (ADIA) aims to streamline relationships with external fund managers to aid in pooling information within the organization, Reuters has reported.
UK's Coal Funds Create Investment Subsidiary to Improve Governance, Returns
Coal Pensions in the UK has founded a standalone investment subsidiary so that its trustees have an in-house source of market expertise.
For the First Time, Japan's GPIF Pursues Emerging Markets
The Government Pension Investment Fund (GPIF), the world's largest, is pursuing emerging markets in a move to diversify into potentially risker assets.
Survey: Fees Won't Dissuade Investors From Infrastructure
The 2/20 fee structure is still the norm despite pressure for lower fees from investors in infrastructure, Preqin shows.
Deloitte: Amid Downtrodden Economy, Commercial Real Estate Triumphs
New research from Deloitte shows that while commercial real-estate deal flow and liquidity are going strong, the longer-term impacts of legislative, regulatory, and accounting reform remains uncertain.
TCW CEO Says Firing Gundlach Amounted to 'Cutting off Your Right Arm'
Trust Company of the West (TCW) CEO Marc Stern told a California Superior Court jury that he had no choice but to fire his chief investment officer, Jeffrey Gundlach, in December 2009.