Investing Institutional Investors

  • SYDNEY, Sept 23- Australia's top two pension funds have made a joint indicative offer to buy a majority stake in the country's biggest electricity network, a month after bids from Chinese and Hong Kong interests were rejected on security grounds. IFM Investors, which invests on behalf of about 30 Australian superannuation funds, and AustralianSuper made an...

  • Sept 22- The neutral interest rate to keep the economy in balance, R-star, is in hot debate among economists and central bankers as secular stagnation seems to have driven it lower. This comes at a time when pension funds are under tremendous pressure, "Saker Nusseibeh and Eoin Murray of Hermes Investment Management wrote in a note to clients.

  • BERLIN, Sept 21- Volkswagen faces 8.2 billion euros in damages claims from investors over its emissions scandal in the legal district where the carmaker is based, a German court said on Wednesday. The biggest claim at the Braunschweig court, totalling 3.3 billion euros, was filed by lawyer Andreas Tulip on behalf of institutional investors around half a year ago.

  • *Malaysia's KWAP invests $30 million in Uber- sources. KUALA LUMPUR, Sept 21- Malaysia's $30- billion pension fund, Kumpulan Wang Persaraan, is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources have identified as ride-sharing service Uber. KWAP, Malaysia's second biggest pension...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • FLORIANOPOLIS, Brazil, Sept 13- Petros Fundação Petrobras de Seguridade Social, Brazil's No. 2 pension fund, expects to approve a deficit-cutting plan before the end of the year and revamp corporate governance practices following years of failed investments, Chief Executive Officer Walter Mendes said on Tuesday. Petros, which has more than 159,000 members,...

  • NEW YORK, Sept 13- U.S. "It's bad behavior they were correct to take action against," Lew said at the CNBC Institutional Investor Delivering Alpha Conference in New York. Last week, the U.S. Consumer Financial Protection Bureau and two other regulators fined Wells Fargo $185 million for creating more than two million fake accounts for products such as credit and...

  • Sept 12- Solar panel installer SolarCity Corp, which is being bought by Tesla Motors Inc for $2.6 billion, said on Monday it had raised $305 million to fund its projects. A private investment fund affiliated with Quantum Strategic Partners Ltd provided the equity investment, the company said. The fund was advised by Soros Fund Management LLC.

  • AMSTERDAM, Sept 8- Dutch Finance Minister Jeroen Dijsselbloem wants bonuses for all managers in The Netherlands to be capped at 20 percent of base pay. While a European Union- wide cap of 100 percent was enacted in the financial sector to limit risk taking in the wake of the 2008 financial crisis, the Dutch government went further, capping bankers' bonuses at 20...

  • SAO PAULO, Sept 6- Brazil's Petroleo Brasileiro SA agreed to sell 90 percent of its natural gas pipeline unit to a group of investors led by Canada's Brookfield Asset Management Inc for $5.2 billion, a source with direct knowledge of the deal said on Tuesday. The investor group includes British Columbia's pension fund and Chinese and Singaporean sovereign...

  • China's northeastern region of Liaoning has implemented a 6.75 percent rise in pension payments, which is estimated to cost the fund around 11 billion yuan. Liaoning's pension fund deficit was 10.5 billion yuan in 2015, Xinhua said, citing an annual report published by China's Ministry of Human Resources and Social Security. Xinhua said the coastal province...

  • LONDON, Sept 1- Non-bank financial institutions like insurance companies, mutual funds and pension funds account for more than 50 percent of daily turnover in the currency market, a survey of the foreign exchange market showed on Thursday. That backed up anecdotal evidence and trends from other surveys that large pension funds and insurance companies raised...

  • HONG KONG, Sept 1- Global buyout firm TPG Capital Management is seeking to raise more than $4 billion for a new Asia- focused fund, in what would be its biggest for the region, people familiar with the plans told Reuters. The new fund will be one fifth bigger than its last such fund, TPG Asia VI, which raised $3.3 billion in 2014, and reflects growing investment...

  • BEIJING, Aug 31- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor program rose to $81.48 billion as of Aug. 30, from $81.38 billion at the end of July, the country's foreign exchange regulator said on Wednesday.

  • However, keeping smaller investors in the dark about the way the deals are awarded risk scrutiny from the SEC, say private equity lawyers. Given the confidentiality of the arrangements, and the fact that some agreements are not even in writing, it is difficult for the SEC to spot infractions unless alerted by a whistleblower, the person said.

  • TOKYO, Aug 26- The Government Pension Investment Fund, the world's largest pension fund, suffered investment losses of 5.2 trillion yen in the fiscal first quarter as its returns fell on the back of tumbles in global equities. GPIF said Britain's surprise vote to leave the European Union in June was the catalyst for the latest paper losses, triggering a surge in...

  • The jump in three-month London U.S. dollar interbank offered rates, a benchmark for more than $300 trillion worth of securities around the globe, has stemmed from moves in the $2.7 trillion U.S. money market fund industry to sidestep new regulations that take effect on October 14. Treasury and other government-related securities in an effort to be exempt from...

  • *As rates come down in Asia, bond yields tumble. SINGAPORE, Aug 17- As returns on traditional assets have nosedived or turned more volatile in Asia, conservative investors such as pension funds and insurers have been pouring cash into alternative investments that bring the yield they need, but at significantly higher risk. Many countries in Asia only started to...

  • *As rates come down in Asia, bond yields tumble. SINGAPORE, Aug 17- As returns on traditional assets have nosedived or turned more volatile in Asia, conservative investors such as pension funds and insurers have been pouring cash into alternative investments that bring the yield they need, but at significantly higher risk. Many countries in Asia only started to...