GO
Loading...

Enter multiple symbols separated by commas

Investing Institutional Investors

More

  • U.S. judge hands SEC setback over in-house judges Wednesday, 5 Aug 2015 | 2:46 PM ET

    The SEC accused the defendants of steering pension funds to invest in alternative investments that they knew did not comply with Georgia law and collecting $1.7 million of extra fees. Since passage of the 2010 Dodd-Frank law, the SEC has relied on its own judges to handle more enforcement cases. In temporarily halting the Gray case, May adhered to her separate...

  • UK starts RBS sell-off with sale of 2 bln stg stake Monday, 3 Aug 2015 | 11:56 AM ET

    LONDON, Aug 3- Britain said it has started the sale of its stake in Royal Bank of Scotland seven years after it bailed out the bank, taking a loss on the sale of 2 billion pounds of shares to institutional investors. UK Financial Investments, the body that holds the government's RBS shares, said on Monday it would sell about 600 million shares, representing 5.2 percent...

  • What's more, these investments aren't winners; this bias towards in-state politically connected firms costs the typical state pension fund about $225 million in annual decline in fund performance, according to estimates in the study, which is slated to be published in an upcoming Journal of Financial Economics. "We find that state pension funds overweight...

  • BEIJING, July 30- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor program rose to $76.6 billion by July 29, from $75.54 billion at the end of June, the foreign exchange regulator said on Thursday.

  • There was never a firm date for the launch of the "bond connect", but exchange officials in China and Hong Kong had talked about getting it off the ground as early as next year. A spokeswoman for the Hong Kong Monetary Authority, which oversees the Hong Kong bond market, said the HKMA could not comment because the bond connect proposal was in a preliminary stages.

  • BEIJING, July 24- Investment managers who broke rules while losing money investing on the behalf of Chinese pension funds could be liable for the losses, a spokesman for the Ministry of Human Resources and Social Security said on Friday. Faced with a fast-aging population and a funding shortfall, China's pension funds are under pressure to improve their...

  • European shares set one-week low, Aberdeen AM leads Thursday, 23 Jul 2015 | 12:43 PM ET

    *Aberdeen Asset Management down after update. LONDON, July 23- European equities slipped to a one-week low on Thursday, with disappointing updates from companies including Aberdeen Asset Management and British energy supplier SSE pressuring their shares. Aberdeen Asset Management was the biggest decliner in the FTSEurofirst 300 index after the fund...

  • European shares fall after U.S. data, Aberdeen AM leads Thursday, 23 Jul 2015 | 10:03 AM ET

    *Aberdeen Asset Management falls after update. LONDON, July 23- European equities fell in late trading on Thursday, with disappointing updates from companies including Aberdeen Asset Management and British energy supplier SSE putting pressure on their share prices. Aberdeen Asset Management was the biggest decliner in the FTSEurofirst 300 index.

  • *Credit Suisse gains 5 pct. LONDON, July 23- European shares edged higher on Thursday as Credit Suisse, Unilever and others reported better-than-expected results, as the quarterly earnings season accelerated in Europe. Credit Suisse Group AG was the top gainer, up 5 percent, after it posted better-than expected earnings and improved its capital cushion ahead of...

  • A total of 94 percent of plan sponsors use consultants, according to data from Pensions and Investments Magazine. Howard Jones of the Saïd Business School, University of Oxford, and Jose Vicente Martinez of the University of Connecticut delved into the data to try to determine why. Their new paper looked at 13 years of data from Greenwich Associates covering...

  • NEW YORK, July 15- Nelson Peltz, chief executive of hedge fund Trian Fund Management, said on Wednesday that losing a proxy battle with DuPont Co has proven to be a major blow to shareholders. "It has been a significant loss for shareholders," Peltz said at the CNBC Institutional Investor Delivering Alpha Conference in New York. Peltz also said that PepsiCo was...

  • MEXICO CITY, July 10- Mexican construction firm ICA expects to sell assets next year for 5 billion pesos as part of an effort to reduce its heavy debt load, Chief Executive Officer Alonso Quintana said in an interview. The first part of the package involved an agreement by Canada's No. 2 pension fund, the Caisse de Dépot et Placement du Québec, to pay ICA over 3...

  • NEW YORK, July 10- The Janus Global Unconstrained Bond Fund, overseen by Bill Gross, posted cash withdrawals of $39.1 million in June, the second consecutive month of outflows for the portfolio, Morningstar data showed on Friday. The Janus Global Unconstrained Bond Fund is trailing 64 percent of its peer category so far this year and has had low cash inflows.

  • DIARY-Top Economic Events to July 21 Monday, 6 Jul 2015 | 8:00 PM ET

    SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.

  • China equity deals surged through market chaos Monday, 6 Jul 2015 | 1:48 AM ET

    *HK, China equity raisings $20.6 bln during market fall. *89 companies raised equity in HK, China in the three-week period. Equity fund raisings in Hong Kong and China totalled $20.6 billion in the past three weeks from 89 companies, nearly triple the volumes clocked at the New York Stock Exchange, according to Thomson Reuters data, and dwarfing London's $1.5...

  • Prime is Sun Life's third acquisition of an asset manager since January. Once all three close, Sun Life will oversee about C $50 billion in assets for third parties, the company said. Toronto- based Sun Life, Canada's third-largest insurer, said the acquisition of Prime, which has about $13 billion in assets under management, would be in cash, but it did not disclose...

  • Beijing published draft rules on the proposed change late on Monday, hours after China's stock markets had closed sharply despite surprise monetary easing moves by the central bank at the weekend. The pension funds would be able to invest up to 30 percent of their net assets in China's stocks, equity funds and balanced funds, according to the draft published by...

  • SHANGHAI, June 30- China plans to allow official pension funds to invest in stocks, two central government authorities said in a draft regulation released on Monday, according to state news agency Xinhua. The Ministry of Human Resources and Social Security and Ministry of Finance said the draft rules would be open for public consultation until July 13.

  • Canada's Ivanhoe invests in Chinese warehouses Monday, 29 Jun 2015 | 12:39 PM ET

    MONTREAL, June 29- The real estate arm of Canada's second-largest pension fund said on Monday it will invest up to $180 million in Chinese warehouse properties, joining other institutional investors that are seeking to profit from China's burgeoning e-commerce sector. Ivanhoe Cambridge, part of the C $225.9 billion Caisse de depot et Placement du Quebec fund,...

  • US STOCKS-Wall St falls as Greek crisis worsens Monday, 29 Jun 2015 | 9:59 AM ET

    The S&P 500 and the Nasdaq Composite fell around 0.7 percent as markets around the world slumped on fears that other European countries would suffer if Greece defaults. The European Central Bank froze funding to Greek banks, forcing Athens to shut banks for a week to keep them from collapsing. said Leo Grohowski, who oversees about $194 billion in client assets...