Study Shows Large US Pensions to Boost Direct Hedge Fund Allocations
Pension underfunding is driving heightened interest in both hedge funds and fund-of-funds, according to a recent white paper.
News
US Federal Judge Dismisses Pension Lawsuit Against Freddie Mac
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.
SSgA Urges Investors to Seize Opportunity in Smaller Emerging Markets
Research conducted by SSgA's Active Emerging Markets investment team found that since January 1997, smaller markets such as Chile, Peru and Hungary outperformed BRIC countries within the emerging market world.
NEST Champions Responsible Investing Among UK Pensions
The National Employment Savings Trust (NEST) has said it will act as a benchmark for UK pensions on responsible investment practices.
Australian Fund Manager Outsources to Northern Trust
QIC, an Australia-based investment solutions provider, has outsourced its middle office functions to Northern Trust.
World Economic Forum Cautions on Risks for Long-Term Investors
After a year working on a World Economic Forum report about the future of long-term investing, which was mandated at an annual meeting in Davos in 2010, co-author Max von Bismarck speaks with aiCIO about the implications for institutional investors.
With Echoes of Fortress and Blackstone, Apollo Goes Public
The private equity firm has raised $565 million in the
public markets – but is it a sign of confidence renewed, or confidence
unfounded?
Milliman Funding Report: Large US Pensions Enjoy High Contributions, Increased '10 Corporate Plan Funding
The latest annual report by Milliman shows that record levels of employer contributions have led to a small gain in funded status.
Survey Shows Institutional Investors Allured by Asian Real Estate
The latest analysis by CB Richard Ellis reveals an optimistic outlook for Asian real estate investment markets.
TIAA-CREF Expands Endowment Management Business With $1 Billion Investment
The $453 billion asset manager TIAA-CREF has said it will invest $1 billion in a new group that will manage money for nonprofits.
CalPERS Creates Newest Exec Position With CFO Role
The California Public Employees’ Retirement System (CalPERS) has appointed Russell Fong as acting chief financial officer (CFO), effective April 4.
South Korea and ADIA Form Strategic Partnership
South Korea and the Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, have formed an alliance for joint investments.
Trustees Must Join Forces to Promote Stronger Superannuation Reforms
Australian Institute of Superannuation Trustees Chief Fiona Reynolds has urged support for greater unity on superannuation reforms.
Puerto Rican Governor Claims Pension Fix Seen Within 10 Years
America’s most poorly funded public pension will be “fixed” in eight to 10 years, according to Luis Fortuno.
Pension Consortium Buys Half of Wind Project for $1.13 Billion
Danish pension insurance groups PensionDanmark and PKA have agreed to buy a 50% stake in an offshore wind farm project.