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Showing 551 - 560 of 1176 results for "Pension Fund"

Super fund outflow ratios cause for concern

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
Superannuation funds have been warned about net cash outflow ratios trending upwards as an issue that may impact their future viability. Speaking at the Banking and Wealth Summit in Sydney yesterday, Australian Prudential Regulation Authority (APRA) ...

Alternative mandates eclipse equities

DARREN SNYDER  |  MONDAY, 4 APR 2016
For the first time since 2009, alternative assets have eclipsed equities for the largest asset class share among institutional investment mandates in Australia. That pivotal moment occurred during the final quarter of 2015, and it reflects a trend seen ...

QIC equities head joins Silicon Valley firm

ALEX BURKE  |  TUESDAY, 29 MAR 2016
QIC's head of equities has left the group to join a Silicon Valley-based firm co-founded by a former QIC chief strategist. Rob Wood was head of equities at QIC from 2009 to 2015; prior to that, he was head of world equities at Suncorp. He has also held ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
... stewardship responsibilities," a GPIF statement said. "We believe that it is appropriate and essential for GPIF as a pension fund to increase long-term investment returns for pension beneficiaries by fostering sustainable growth and worth of companies ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
One of the world's largest pension funds believes that company directors who serve more than 12 years on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global ...

OneVentures says VC needs scale in Australia

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
If Australian superannuation funds invested 1% of their $2 trillion asset pool in venture capital the country would have the world's highest rate of venture investing per person. And if venture capital is not soon given some scale in Australia, it is ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... and S&P in a private lawsuit for civil damages. CalPERS sued Moody's and other rating agencies in 2009 after the pension fund sustained losses from investments in three structured investment vehicles that relied on the liquidity of assets that turned ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
... arguing that should a universal fiduciary rule be imposed that many intermediaries such as brokers who currently advise pension fund members or retirees could abandon the sector especially if they were no longer allowed to receive sales commissions as ...

International pension funds buy London City airport

MARK SMITH  |  FRIDAY, 26 FEB 2016
Three Canadian pension funds and the Kuwait Investment Authority have won the takeover battle for London City airport with an offer of about £2 billion ($3.9 billion). A consortium made up of Ontario Teachers' Pension Plan (OTPP), Borealis, AIMCo and ...

New robo-advice business launches

MARK SMITH  |  TUESDAY, 16 FEB 2016
BetaSmartz, a new robo-advice platform aimed at both institutional and retail investors, has launched today. The platform uses algorithms based on 60 years of academic research to create portfolios that equal the performance and sophistication of those ...