OMERS Gains 10% in 2012
Tara Perkins of the Globe and Mail reports, OMERS posts 10 per cent return helped by private equity, real estate gains:The Ontario Municipal Employees Retirement System has posted a 10-per-cent return...
View ArticleOntario Teachers' to Absorb More Risk?
Tara Perkins of the Globe and Mail reports, Deal will let Ontario Teachers’ Pension Plan shoulder more investing risk:The Ontario Teachers’ Pension Plan is aiming to be more aggressive in its...
View ArticleAmericans Anxious About Retirement?
Michael Fletcher of the Washington Post reports, Americans anxious about retirement (h/t, Suzanne Bishopric):Even as the economy slowly improves, the vast majority of Americans remain deeply worried...
View ArticleCaisse Gains 9.6% in 2012
Nicolas Van Praet of the National Post reports, Caisse racks up 9.6% return despite slowing economy:The Caisse du dépôt et placement du Québec tallied a 9.6% return for its depositors last year as the...
View ArticleWorld's Largest Pension to Review Portfolio?
Eleanor Warnock of the Wall Street Journal reports, World's Largest Pension to Review Portfolio:Japan's public pension fund will be reviewing its portfolio when its new fiscal year starts in April, an...
View ArticleEurope's Broken Bismarckian Promise?
M. Nicolas J. Firzli, director general of The World Pensions Council, wrote an article for Plan Sponsor, Europe’s pension predicament: the broken Bismarckian promise (h/t: Suzanne Bishopric):During the...
View ArticleWho's Addressing Their Pension Shortfall?
Angela Delli Santi of the Associated Press reports, NJ's pension shortfall grows:The $86 billion system that funds pensions for public workers, state troopers, local police and firefighters, and...
View ArticleSmall Hedge Funds Outdoing Elite Rivals?
James Mackintosh of the Financial Times reports, Small hedge funds outdo elite rivals: The world’s top hedge funds did far less well than usual last year, as smaller rivals made more money for...
View ArticleConfusion Over Volatility Strategies?
Christine Williamson of Pensions & Investments reports, Institutions move to add volatility strategies (h/t: Bryan Wisk):A number of institutional investors intend to carve out an allocation in...
View ArticleAre Pension Funds The New Banks?
Sophie Baker, Mark Cobley and Mike Foster of Dow Jones Financial News report, Pension funds are the new banks:Steven Daniels, chief investment officer at Tesco Pension Investment – the principal...
View ArticlePension Funds Struggle With Asset Allocation?
Maha Khan Phillips of Financial News reports, Pension funds struggle with asset allocation:It is a difficult time to be a pension fund manager. Few asset classes are generating strong performance,...
View ArticleSEC Slams Illinois Over Pensions?
Lisa Lambert of Reuters reports, Illinois settles SEC charges over pensions:Illinois, which has the worst-funded state pension system in the United States, agreed on Monday to settle federal civil...
View ArticleDoes Air Canada Deserve a Pension Lifeline?
Brent Jang of the Globe and Mail reports, Ottawa grants Air Canada pension reprieve, imposes executive pay freeze:Ottawa has granted Air Canada more time to meet its pension funding obligations, but...
View ArticleStandard Private Equity Losing Its Luster?
Ronald J. Sylvestri, Jr., President of Quail Ridge Asset Management, wrote an op-ed for Forbes, Why The Standard Private Equity Fund Is Losing Its Luster:Save your tears, but it’s not easy being a...
View ArticleTreacherous Times For Hedge Funds?
Dan McCrum and Sam Jones of the Financial Times report, Hedge fund closures keep rising:The number of hedge funds going out of business rose for the third year in a row in 2012, according to HFR, a...
View ArticleThe Cypriot Crisis?
Eric Reguly of the Globe and Mail reports, World markets roiled as radical Cyprus bailout deal stall: A small bailout in a small state has roiled the global financial markets and triggered a political...
View ArticleAir Canada Bonuses Tied to Pension Payments?
Guy Dixon of the Globe and Mail reports, Bonuses for Air Canada executives tied to pension deficit payments:The federal government is offering a carrot to Air Canada to pay down the company’s pension...
View ArticleAmericans Bracing For a Retirement Crisis?
Kelly Greene and Vipal Monta of the WSJ report, Workers Saving Too Little to Retire:Workers and employers in the U.S. are bracing for a retirement crisis, even as the stock market sits near highs and...
View ArticleHOOPP Does it Again, Gains 17.1% in 2012
Janet McFarland of the Globe and Mail reports, HOOPP sees best return in more than a decade:The Healthcare of Ontario Pension Plan posted a 17-per-cent return on its investments last year and is...
View ArticleCalPERS Indictment the Tip of the Iceberg?
Peter Lattman of the New York Times reports, Former Calpers Chief Indicted Over Fraud:As head of the country’s largest pension fund, Federico R. Buenrostro wielded vast influence in the money...
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