Institutional Investor Confidence on the Upswing
With North American and European institutions leading the way, institutional investor confidence has risen in November, according to research by State Street Global Markets.
News
Study Suggests ESG Mutual Funds Outperform
Research by Trucost and RLP Capital shows that mutual funds incorporating environmental, social and governance (ESG) analysis outperformed traditional funds over one-and three-year periods.
SEI Global Poll: LDI Investing Continues to Gain Traction
Pension plans are increasingly adopting liability-driven investing strategies, a new SEI study shows, with the UK and Netherlands in the lead.
Report Suggests Norway's SWF Needs to Harness Its Size
According to a report by an independent council, Norway's 3 trillion kroner ($494 billion) Government Pension Fund-Global should take better advantage of its size, lack of liabilities, and long investment horizon.
Shareholder Group Says Pay Practices at Banks Fueled Risk-Taking
The Council of Institutional Investors, which represents about 130 pension funds, has shown that pay practices at major Wall Street banks likely helped drive excessive risk-taking by executives and contributed to financial collapse in 2008.
Korea Investment Corp Aims to Stray Away From Stocks, Bonds
The nation's $37 billion sovereign wealth fund is planning on making three or four strategic investments with other state funds next year.
Ireland Seeks Cash From Pension Fund for EU's €85 Billion Bailout
Ireland's National Pension Reserve Fund, which holds roughly €24.5 billion in assets, may contribute up to €10 billion to cover the cost of the bailout package from the European Union and International Monetary Fund.
UK Defined Benefit Schemes Aim to Cut Risk Within Five Years
Research by Towers Watson has found that a majority of corporate executives running DB schemes say they would use sophisticated financial products to reduce their risk.
EDHEC Encourages Sovereign Wealth Funds to Revise Investment Approach
With the growth of sovereign wealth funds likely to continue and expected to reach around $10 trillion within the next decade, a new paper by EDHEC says these investment vehicles should improve their investment policies and risk management practices.
Steve Rattner and Andrew Cuomo Continue Face-Off
The co-founder of New York-based Quadrangle Group Steven Rattner has said Attorney General Andrew Cuomo's lawsuit in a pension-fund kickback case is “close to extortion.”
Study Shows Insurers Battle Lower Investment Returns
A report by Swiss Re has found that the ongoing financial crisis has created a "new, challenging environment for insurance investment managers."
In Push for Greater Disclosure, SEC Implements New Rules for Hedge Fund Managers
The agency's provisions would implement provisions to the recently-enacted Dodd-Frank financial regulation reform law, which requires advisers to hedge funds and other private funds to register with the SEC.
PIMCO Seeks Troubled Assets From Banks
One of the world's largest asset managers is seeking at least $1 billion for a private fund to buy troubled loans from banks.
Institutional Investors Win in Securities Fraud Suit Against BankAtlantic
The jury has ruled that executives at BankAtlantic Bancorp failed to alert investors about risks in its real estate loan portfolio as the US housing market faltered.
NYC Pensions Probe Banks for Foreclosure Info
New York City Comptroller John C. Liu, on behalf of the trustees of the New York City Pension Funds, is calling on directors at Bank of America Corporation, Wells Fargo & Company, JPMorgan Chase & Co., and Citigroup Inc. to conduct an independent audit of their banks’ mortgage and foreclosure practices.