After more than a year of speculation, New Mexico’s State Investment Council (SIC) has filed two lawsuits involving former Investment Officer Gary Bland and associates of then-New Mexico Gov. Bill Richardson.
In a high-profile case of insider trading, hedge fund manager Raj Rajaratnam has been found guilty on all 14 counts of securities fraud and conspiracy.
New research carried out by students at Uppsala University and reported by Affärsvärlden shows that if the stock market is on the upswing, then a passive management approach across a broader market index may be superior to an active approach.
Investors are flocking to smaller property funds of less than $1 billion in size due to their more focused strategies and better returns, Preqin has found.
The firm has asked US District Judge Keith P. Ellison to restrict any surviving investor fraud claims to owners of BP American depositary receipts, Bloomberg is reporting.
The manager of the world’s largest bond fund, who sold out of all his holdings in US Treasury bonds in March of this year, is pushing investors to move away from Treasuries and seek global investments for better yield opportunities.
Reflecting a general movement by investors to diversify away from portfolios dominated by the “home bias” of domestic stocks, as noted in a survey by aiCIO, a new paper by Hermes Global Equities Advisers shows that investors must become increasingly global to capture superior returns.
Strong gains in equities and higher employer contributions have pushed the nation's largest employer-sponsored pension plans toward higher funding levels in 2010, Towers Watson reveals.
