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Showing 931 - 940 of 1161 results for "Pension Fund"

UK pensions seek to award $400m mandates

RUTH LIEW  |  MONDAY, 31 AUG 2009
Australian fund managers with international equities expertise should pay attention to three UK pension funds, which are looking to dish out more than $400 million in international shares and index-linked gilts mandates. England's Falkirk Council is ...

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 ...

BNY Mellon to buy Insight

COMPANY RELEASE  |  FRIDAY, 14 AUG 2009
The Bank of New York Mellon is looking to acquire Insight Investment Management from Lloyds Banking Group for $464 million. In a press statement yesterday, BNY Mellon announced it would be buying Insight Investment which specialises in LDI (Liability ...

Funds resist SG "me too" pension scheme

MICHELLE BALTAZAR  |  WEDNESDAY, 12 AUG 2009
Majority of pension funds in the UK and Europe said that a contribution rate of 8 per cent on a proposed national pension scheme will not really help workers in the low to middle income groups, a new survey found. The Penrose Financial survey conducted ...

CalPERS buys Macquarie property

RUTH LIEW  |  MONDAY, 3 AUG 2009
... a joint venture with real estate investment and advisory firm, First Washington Realty of Bethesda, Maryland. The pension fund signed the dotted line for a 60 per cent stake in the $2.1 billion portfolio, which is made up of 86 properties from Macquarie ...

UK pension and fundies to drive long-termism

MICHELLE BALTAZAR  |  WEDNESDAY, 29 JUL 2009
... Another key recommendation is that fund managers should confirm that their investment mandates from life assurance, pension fund and other investors include details on how they will "engage" with the companies they invest in with regards to corporate ...

CalPERS portfolio drops 23pc

COMPANY RELEASE  |  TUESDAY, 28 JUL 2009
... per cent to $220 billion in a year to June, the fund's most radical drop in valuations in a single year. While the pension fund's asset values dropped 23 per cent, world equity prices fell over 29 per cent during the same period and the fund noted that ...

Instos allocate $980m to catastrophe bonds

COMPANY RELEASE  |  WEDNESDAY, 22 JUL 2009
Bermuda-based Nephila Capital, which counts AMP and MLC as clients, has raised $980 million in the second quarter of this year from institutional investors targeting catastrophe reinsurance funds. Greg Hagood, the fund's co-founder, said pension funds ...

Pension fund suffers million-dollar meltdown

COMPANY RELEASE  |  TUESDAY, 21 JUL 2009
Super funds could learn a harsh lesson from a Philippines based pension fund, after a software meltdown cost the fund an estimated $120 million in damages and led to a court case against a contractor for libel. Information technology contractor Questronix ...

GFC spurs DB plans commitment

RUTH LIEW  |  MONDAY, 20 JUL 2009
If you think the GFC had pushed pension funds away from defined benefit plans, think again - more than 70 per cent of fund executives have no intention of changing their DB plan structures. A new survey by Towers Perrin and SCO noted that while the ...