In an annual report on the management of Norway's Government Pension Fund Global, the government expressed plans to reduce exposure to European markets while increasing stakes in emerging markets.
The $7.8 billion South Dakota Retirement System has recovered the entirety of its investment losses following the financial crisis, with the system's assets growing more than 23% since the state budget year began July 1.
A new survey of more than 150 Canadian pension plan sponsors from global professional services firm Towers Watson indicated that the majority of executives believe that the defined benefit funding crisis will persist for the long-term.
Pacific Investment Management Co. is forming a new real estate finance company that intends to acquire residential and commercial real estate-related debt.
While the average fee for Asian private equity funds with more than $1 billion in assets under management has remained at 2%, their global counterparts have reduced their fees, an annual survey conducted by private equity investment firm Squadron Capital shows.
A feeder fund that invested in the Ponzi scheme of Bernard Madoff has sued the Abu Dhabi Investment Authority to try to recover $300 million in redemption payments, Bloomberg is reporting.
As institutional investors around the world increasingly adopt responsible investment practices, FTSE has rolled out an index service -- FTSE4Good ESG Ratings -- to measure the environmental, social and governance (ESG) strategies of public companies worldwide.
The Ontario Teachers’ Pension Plan (Teachers') has announced a 14.3% rate of return and net assets standing at $107.5 billion, with the cumulative value-added of active management at C$23.2 billion.
As institutional investors crowd into the rapidly-growing economies of emerging markets to improve equity returns, managers are increasingly closing their strategies to new investors.
Looking ahead in 2011, pension schemes battle immediate and pressing challenges, according to a Financial News Pension Fund Barometer survey of 64 European schemes.
Boosted by stock market gains, US state and local government pension-fund assets rose in value by 5.5% in the last three months of 2010, recouping some of 2008's losses.
Judge John Keenan has dismissed a lawsuit by a group of pension funds which accused Freddie Mac of materially misrepresenting its exposure to risky mortgage products, leading to investment losses.
