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Showing 31 - 40 of 55 results for "US pension fund"

CalPERS shifts $1bn to GID

ELISE BURGESS  |  TUESDAY, 5 OCT 2010
US pension fund CalPERS has consolidated its $1.1 billion core multifamily apartment portfolio to long-term partner GID Investment Advisers LLC (GID). The California Public Employees' Retirement System (CalPERS) said that it made the decision to advance ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
Three Ohio pension funds have won a $840 million settlement from AIG after the insurer agreed to settle claims of accounting violations and stock price manipulation, in the tenth-largest securities class action settlement in U.S. history. Ohio Attorney ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
An academic paper that warns five US pension funds could run out of money in less than 10 years due to chronic underfunding and poor returns serves as a precautionary tale for local investors. In a paper published last August titled 'The Liabilities ...

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' ...