LONDON, June 13- Just as a month-long stock market rout seems to have further trashed the concept of a "Great Rotation" from bonds into equities, evidence is emerging that institutional investors may have already begun such a shift.
COLUMBIA, S.C.-- South Carolina's pension fund investments are expected to post double-digit earnings for the current fiscal year. The Retirement System Investment Commission said Thursday its investments earned $3 billion between last July 1 and April 30, pushing the fund's worth to almost $28 billion.
WARSAW, June 13- With his fondness for tea in china cups and upper-class English accent, British-born Jacek Rostowski projects an air of cultivated calm, but the economic slowdown has put his job as Poland's finance minister in the balance. Rostowski, an admirer of ex-British leader Margaret Thatcher, has overseen one of Europe's few economic success stories.
*Latest federal action in corruption case of former Detroit mayor. WASHINGTON, June 10- A Detroit- based investment adviser agreed to give back $3.1 million that U.S. regulators allege he stole from a pension fund for the city's police and firefighters, the U.S. Securities and Exchange Commission said on Monday.
WASHINGTON, June 10- A Detroit- based investment adviser agreed to give back $3.1 million that U.S. regulators allege he stole from a pension fund for the city's police and firefighters, the U.S. Securities and Exchange Commission said on Monday.
LongRiver Partners comprising the Kuwait Investment Office, Britain's Universities Superannuation Scheme and Borealis Infrastructure, which is part of Canadian pension fund OMERS, submitted a conditional cash offer of 2,200 pence for each Severn Trent share to the company's board.
TOKYO, June 7- Japan's public pension fund, the world's largest with a pool of $1.1 trillion, announced on Friday the most significant shift in its asset allocation since 2006 so it can take on greater risk by shifting into stocks and away from Japanese government bonds.
TOKYO, June 7- Japan's public pension fund, the world's largest with more than $1 trillion in assets, said on Friday it would lift its weighting in stocks and cut its allocation target for Japanese government bonds in a bid to seek higher returns.
BOSTON, June 5- Retail investors may not escape money market fund reform unscathed as the U.S. Securities and Exchange Commission on Wednesday proposed allowing funds to impose new fees and limits on withdrawing money in times of financial distress.
TOKYO, June 4- Japan's government is set to urge the nation's public pension funds- a pool of over $2 trillion- to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, according to people with knowledge of the policy shift.
June 4- Japan's government is set to urge the nation's public pension funds- a pool of over $2 trillion- to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, according to people with knowledge of the policy shift.
June 4- Japan's government is set to urge the nation's public pension funds- a pool of over $2 trillion- to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, according to people with knowledge of the policy shift.
NEW YORK, May 31- Investor redemptions from Steven A. Cohen's hedge fund, SAC Capital Advisors, continue, with Magnitude Capital emerging as the latest outside investor asking to get money back from the $15 billion hedge fund.
TOKYO, May 30- Japan's public pension fund- a pool of over $1 trillion- is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to people familiar with the deliberations.
SHANGHAI, May 30- Signals Beijing is preparing to unleash the buying power of Chinese individual investors on overseas markets may have some stock brokers salivating at the prospect the new money can add another leg to Wall Street's record-breaking rally.
SEOUL, May 29- South Korea said on Wednesday the national pension service, the world's fourth-largest, plans to boost the weighting of stocks and alternative assets in the total over the coming years while cutting that of bonds.
WASHINGTON, May 22- Pension funds- those old guaranteed-benefit retirement plans your grandma might have told you about- outperform those in 401 plans year after year, according to new research from consulting company Towers Watson.
Brazil seeking vehicle for pension funds to invest in projects. BRASILIA, May 21- Brazil is sweetening terms for major infrastructure contracts to whet investor appetite and draw private capital and expertise needed to upgrade its deficient roads, railways and ports, the man in charge of planning the projects said on Tuesday.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.