A new Pyramis Pulse survey shows that endowments and foundations, often lumped together for the sake of simplicity, increasingly are turning to different asset allocations and risk management procedures to protect themselves from the dreaded fat tail.
A new poll shows that, while Canadian pension plan sponsors are worried about meeting their liabilities, they still are confident that the national retirement system is better equipped to handle future challenges than the rest of the world.
A group of investors that includes CalPERS, CalSTRS, bcIMC, and others has petitioned the SEC in hopes of requiring companies to disclose balance-sheet risk relating to climate change.
The California pension behemoth is giving less cash to private equity funds, and is demanding that current general partners reduce management fees.
The study also shows that European institutions have not altered their overall equity allocation drastically, although they remain significantly more conservative then their British counterparts.
Led by three state pension funds, the class action suit accused the insurer of misrepresenting revenues from contingent commissions.
Following a national trend and hoping to align itself with new state laws, pension giant CalPERS has increased disclosure requirements for investment managers that utilize placement agents.
After a disastrous 2008, the fund—which has replaced both its CEO and CIO since April—will issue up to $8 billion in bonds.
Funds from across the globe gathered in Singapore alongside world leaders to express their concerns over protectionism—and to promote the idea of sovereign wealth funds as long-term, stable investors.
Despite few actual deals being completed, U.K. pension schemes are increasingly interested in insuring against retirees outliving actuarial predictions, a new study shows.
A recent survey by Bank of America Merrill Lynch shows that 30% of large pension plans, endowments, and foundations are reducing their exposure to much-maligned U.S. equities, choosing instead to enter corporate bonds and emerging markets.
Following on the news that CalPERS knew of forex overcharges as early as 2003, State Street has upped its battle fund in preparation for a drawn-out legal battle regarding this and other claims.
Following large profit increase—not the least of which was seen in its insurance units—Berkshire has made an “all in” bet on the American economy with its purchase of Burlington Northern Santa Fe railroad.
With a neutral last 12 months, the Penn endowment has done what others couldn’t—it has maintained its capital base.
With a hostile bid for highway owner Transurban Group, Canada’s CPPIB and Ontario Teachers’ continue their direct investments in foreign assets.