While internal emails from the San Diego County Employees Retirement Association portray tension at the plan, the public pension maintains that the fund's recent returns are a testimony to the fact that its model is working.
Francisco Illarramendi has pleaded guilty to five criminal counts after US prosecutors accused the Connecticut hedge fund manager of running a multiyear Ponzi scheme that may have defrauded investors out of hundreds of millions of dollars.
Global alternative asset manager KKR has said it endorses a set of guidelines on private equity best practices issued by the not-for-profit Institutional Limited Partners Association.
Pyramis' most recent survey of some of the largest defined benefit plans shows changing investment outlooks and continued caution given recent experiences with above average market volatility and a low‐return investment environment.
A report from Wilshire Associates has shown that while funding for US state pension plans improved in 2010 as the economy recovered, state plans still fell short of assumed rates.
A Deutsche Bank report shows hedge funds are on an upward trend in 2011, with investors predicting $210 billion of net inflows into the hedge fund industry this year.
A new report by Preqin has found that 2010 has been the second year running in which assets under management among sovereign wealth funds have increased by 11%.
A new report by the Center for Economic and Policy Research urges a closer look at shortfalls faced by state and local pension funds, arguing that most states face pension shortfalls that are manageable, especially if the stock market does not face another sudden reversal.
According to monthly statistics published by BNY Mellon Asset Management, US corporate pension plans in February continued to prosper from the global stock market rally, as the funded status of the typical corporate plan rose 0.4 percentage points to 88%.
In order to meet local companies' demand for capital, China's securities regulator has urged the government to allow more funds to participate in the country's securities market.
Despite fears about investment in the Middle East, turmoil in the region is likely to accelerate growth, making the region increasingly attractive for investors, according to ING Investment Management.
That Mayor Michael Bloomberg of New York City is attempting to renegotiate public sector benefits is well known. That he is also trying to overhaul the management of the pension’s existing capital is less well covered. An aiCIO Magazine exclusive look at how one of America’s most prominent citizens is tackling one of its most difficult problems. Joe Flood, Paula Vasan, and Kip McDaniel report.
The latest Credit Suisse Annual Hedge Fund Investor Survey has revealed that a focus on risk management issues is continuing to grow, with investors increasingly concerned about high standards of due diligence.
Wang Jianxi, executive vice president of the China Investment Corp., has said he is awaiting a government fund injection while warning about the inflationary problems in emerging markets, calling them "serious."
