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Showing 951 - 960 of 1161 results for "Pension Fund"

OECD vindicates govt super reforms

ALEX DUNNIN  |  WEDNESDAY, 24 JUN 2009
The OECD has vindicated the government's Budget strategy for reforming retirement income policy when it revealed that Australia has the fourth highest poverty rate among the OECD countries for seniors and retirees. The finding lands a fatal blow to ...

CalPERS ploughs more into private equity

RUTH LIEW  |  TUESDAY, 16 JUN 2009
... to 20 per cent, while global equity (mostly public stocks) will be lessened from 56 to 49 per cent. Meanwhile the pension fund's cash targets have been raised from zero to 2 per cent. Target allocations for real estate and inflation-linked assets remained ...

Northern Trust targets EMEA pensions

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
Northern Trust is bringing together the firm's asset management and asset servicing divisions and launching the Retirement Solutions Practice to the European, Middle East and Africa (EMEA) region. The practice includes a dedicated team that will provide ...

State Street wins $8b Rio mandate

COMPANY RELEASE  |  WEDNESDAY, 10 JUN 2009
State Street Corporation has been appointed by Rio Tinto to provide investment services for $8 billion in assets. State Street will provide Rio Tinto with custody, fund accounting, securities lending and investment analytics services for its Canadian ...

AustralianSuper saves $4m per year

RUTH LIEW  |  WEDNESDAY, 10 JUN 2009
... management. Rubin said a 10 per cent increase in passive management for example can add 3.2 basis points in net value to a pension fund. "We have restructured our Australian equities component and we terminated a number of managers not because they've ...

Hedge funds to get $60 billion boost

COMPANY RELEASE  |  THURSDAY, 4 JUN 2009
Pension funds around the world are expected to pump up their $547 billion hedge fund allocation by more than $60 billion before December as they look to balance assets and liabilities, new research shows. Hedge fund managers are expected to heap an ...

US church pension ramps up Asia-Pac presence

RUTH LIEW  |  TUESDAY, 2 JUN 2009
The Church Pension fund, a US-based pension fund with $9 billion in assets, opens an office in Hong Kong as it bulks up its portfolio in Asian real estate and private equity assets. According to oversees news reports, the fund has hired Mason - who ...

Ten years is too short: CBI

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
The UK's pension regulator should investigate the funding plans of companies where deficit repayments will take more than 15 years, rather than the current ten, said a key industry body. According to an "eight point action plan" by UK business industry ...

Avoiding the black swan

MICHELLE BALTAZAR  |  MONDAY, 11 MAY 2009
... is the reason why the fund was one of the first two foreign fund managers that won mandates from China's national pension fund back in late 2005 (the other was T. Rowe Price). Garvy said that given the current markets, investors should avoid the black ...

Fee disclosure for intermediaries: CalPERS

RUTH LIEW  |  MONDAY, 11 MAY 2009
... new policy is in response to reports about the lack of transparency and oversight of placement agents and public pension fund investments," said Henry Jones, investment policy subcommittee chair. "We want full disclosure of all fees - specifically fees ...