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Showing 871 - 880 of 1161 results for "Pension Fund"

The disappearing act of lose-lose funds

MICHELLE BALTAZAR  |  FRIDAY, 2 JUL 2010
Fund managers and super funds are responding to the 'credibility gap' in the wake of the GFC with major reforms to the way they structure fees, create products and meet their fiduciary duties, research found. This week, UK-based CREATE-Research released ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
The $152 billion New York State Pension Fund is suing British Petroleum over losses from the oil spill disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... invested so that they can adjust their personal retirement plans accordingly. "The lack of transparency of state pension fund systems makes it more difficult for taxpayers to optimise their own portfolios and consumption choices over the life cycle." ...

CalPERS buys Gatwick Airport stake

PRESS RELEASE  |  MONDAY, 21 JUN 2010
... investment within its infrastructure program, which launched in 2007. The program represents 1.5 per cent of the pension fund's total market assets. The pension fund's investment follows Global Infrastructure Partners' purchase of the airport in December ...

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
... 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 and erroneous press reports that ...

HESTA hires Hermes for intl ESG

MICHAEL HOBBS  |  WEDNESDAY, 16 JUN 2010
... voting, engagement and public policy in their equity investments. Globally, BAE Systems pension funds, Marks & Spencer pension fund, Unipension and Highland Good Steward have appointed Hermes EOS for ESG engagement. Hermes EOS has more than $110 billion ...

UK pension lose $6bn on BP oil spill

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
... of Mexico. The UK-based National Association of Pension Funds (NAPF), which represents more than $1.3 trillion in pension fund assets, said UK equities represent around 20-25 per cent of total assets and many of those investments are indexed. The FTSE ...

Mercer appoints investment consulting head

COMPANY RELEASE  |  MONDAY, 24 MAY 2010
Mercer has named Graeme Mather as market business leader for its Investment Consulting arm in Australia and New Zealand. Mather will succeed Simon Eagleton who is relocating to Mercer's Singapore office soon after being promoted to the role of Asia ...

Global hedge fund market shows signs of life

MICHAEL HOBBS  |  FRIDAY, 21 MAY 2010
Hedge fund start-ups are attracting money from large institutional investors after the global financial crisis pushed many small to mid-tier hedge funds out of the market. Ben Funk, managing director and head of research at Liongate Capital Management ...

RBC appoints Asia Pac execs

COMPANY RELEASE  |  THURSDAY, 20 MAY 2010
RBC Capital Markets has added two new executives, Amanda Lowe and Winston Quek, to its global FX team in the Asia-Pacific region. Lowe joins RBC Capital Markets as vice president and will be based in Sydney, focusing on real money and pension funds ...