Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 52 results for "US pension fund"

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
New York's State Comptroller, Thomas P. DiNapoli, has issued a statement condemning press reports that he will allow New York's $150 billion-plus pension fund to balance the state budget. "There have been a number of outrageous and unfounded rumors ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
The $146 billion New York State Common Retirement Fund has pumped $564 million into Fannie Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million ...

CalPERS opens black book of placement agents...

COMPANY RELEASE  |  MONDAY, 18 JAN 2010
The largest US pension fund responds to mounting concerns about the true nature of the pension fund-placement agent-fund manager relationship by revealing the details of more than 600 placement agent disclosures to the public. The disclosures - received ...

ETFs slash fund fees to 15bp

ALEX DUNNIN  |  THURSDAY, 10 DEC 2009
... Thrift Savings Plan, that uses Exchange Traded Funds (ETF) to deliver total fees of just 0.15 per cent. Thrift is a US pension fund used by four million federal government civilian and uniformed employees. It has $A220 billion under management. With ...

CalSTRS adopts engagement code

COMPANY RELEASE  |  THURSDAY, 10 DEC 2009
The California State Teachers' Retirement System (CalSTRS) has become one of the first US pension funds to sign a new standard that outlines how to properly engage with companies they invest in. The code was developed by UK-based Institutional Shareholders' ...

CalPERS takes legal action against state furloughs

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
CalPERS, one of the largest US pension funds, has filed legal action seeking a judicial review of California's state-imposed furlough program - stating the scheme inhibits the fund's ability to meet its contractual responsibilities. The California Public ...

US pensions fight for trust

RUTH LIEW  |  MONDAY, 16 MAR 2009
Ten US pension funds which invest $1.4 trillion in global markets have combined their muscle to create a set of five financial regulation principles aimed at restoring investor trust. The ten funds, which include heavyweights California Public Employees' ...

Infrastructure wins pension funds votes

RUTH LIEW  |  TUESDAY, 24 FEB 2009
Australian industry superannuation funds might be at the vanguard of unlisted infrastructure investing - but they could soon face stiff competition from their international rivals. According to an OECD report on pension fund investment in infrastructure ...

Local super funds welcome Obama admin move

MICHAEL HOBBS  |  TUESDAY, 27 JAN 2009
... services governance is certainly 'front of mind' for leading investment executives and pension funds with the largest US pension fund, CalPERS, appointing a corporate governance chief this week.

Investing in credit the next big opportunity

ALEX DUNNIN  |  TUESDAY, 11 NOV 2008
The credit crunch induced shake-out of world bond markets has devalued loan portfolios so much that they now represent a tremendous investment opportunity. The revaluation is already attracting US pension funds and institutional investors to re-look ...