Losses at Bahrain's SWF More Than Doubled Amid Global Slump
Bahraini state investment fund Mumtalakat said losses soared last
year as it restructured some of its holdings.
News
SEC to Restrict Pay-to-Play After Industry Abuses
US
regulators are likely to restrict investment advisers from giving money
to politicians to win pension business after pay-to-play scandals.
What Obama’s DB Funding Relief Bill Means for Asset Owners
President Barack Obama signs legislation that offers funding relief for DB pensions; broader financial reform bill exits House-Senate committee, awaits final vote.
UK Pension Plan Assets Get 23.9% Boost
UBS Global Asset Management publishes Pension Fund Indicators 2010.
Investors Revisit Start-Up HFs
Patric de Gentile-Williams, chief operating officer of hedge fund
seeding specialist FRM, says he’s seeing the most sophisticated
investors backing up start-up or small hedge funds again.
Study: Multiemployer Plans Considering Changes in Wake of Poor Funding Status
Trustees
say volatility and funding status concerns influence considerations for
new allocation strategies, a new SEI survey reveals.
DIC Pension to Renew RE Investing; World's Biggest Pension to Split Assets
In Japan, the
DIC pension plan is looking to diversify into real estate, while the
GPIF is indicating a move to make the fund more transparent to the
public.
San Diego Public Pension Looking to Boost HF Allocations, Avoid Salary Caps
SDCERA
is seeking to increase
the allocations to its global
macro hedge fund managers, while also looking to avoid salary
caps.
US State Pensions Suffer $1.4 Billion Loss From BP Oil Ignominy
Public pensions such as CalPERS, Florida and Texas
Teachers lose from holdings in BP, whose value continues to plummet.
Alternative Investments Gain Ground Among Institutional Investors
A new survey reveals real estate, private equity and hedge funds
remain the preferred alternative types.
Texas Teachers Fund Reports Record Full-Year Return
The gain takes the fund's market value to $96.7 billion, erasing
most of the losses suffered during the financial crisis.
New York Pension Is Mulling a Lawsuit Against BP
The state's $132.6 billion fund holds 17.5 million shares of BP,
which yesterday closed at $31.71 a share -- down from $60.48 the day of
the disaster.
Managers at HF Conference in Monaco Grapple With Challenges Ahead
At the GAIM hedge fund
conference this week, managers focused on the problems that could hit
their firms rather than the past year's client inflows and 20% returns.
Two Money Management Firms End Use of Placement Agents With CalPERS
Following an
internal investigation by CalPERS, Ares Management and Relational
Investors have agreed to stop using so-called placement agents and
reduce the fees they charge the fund by millions of dollars over the
next five years.
BlackRock Targets $26 Billion Mexican Assets
The world's largest
money-management firm by assets believes ETFs represent a growing
market.