×

Investing Institutional Investors

  • BOGOTA, Feb 9- Colombia's government has eliminated a tax paid on local portfolio investments by Peruvian and Chilean pension funds, and may add Mexico, a government official said on Thursday. "Today, Chile and Peru have such agreements and have been applying them since January 1, 2017. The Pacific Alliance includes Colombia, Peru, Chile and Mexico.

  • LONDON, Feb 9- Fund manager Henderson Group's total assets rose 10 percent to 101 billion pounds in 2016 after market gains more than offset the impact of retail customers withdrawing money. Henderson said its planned $6 billion purchase of rival U.S. asset manager Janus Capital was on track to complete by the end of May, and it planned to pay a final dividend of...

  • LONDON, Feb 9- Fund manager Henderson Group's total assets rose 10 percent to 101 billion pounds in 2016 after market gains more than offset the impact of retail customers withdrawing money, it said on Thursday. Henderson said its planned $6 billion purchase of rival U.S. asset manager Janus Capital was on track to complete by the end of May, and it planned to pay a...

  • SAN FRANCISCO, Feb 7- California Public Employees' Retirement System expects a 5.8 percent annual investment return under its new portfolio asset allocation, significantly lower than the fund's assumed rate of return of 7 percent by 2020.. CalPERS' caution mirrors outlooks from public pension funds across the United States as they try to grapple with...

  • MILAN, Feb 7- Italy's banking industry rescue fund Atlante expects the European Central Bank to approve a merger between ailing Popolare di Vicenza and Veneto Banca, likely requesting state support to ensure the plan's success. State-sponsored Atlante was hastily set up last year to take over the two banks when they failed to raise 2.5 billion euros in capital...

  • SAN FRANCISCO, Feb 6- California Public Employees' Retirement System should maintain its investments in the controversial Dakota Access oil pipeline project in order to exert influence over the companies involved, staff for the largest U.S. public pension fund said on Monday. Legislation proposed in California would require CalPERS, a $300 billion fund, to...

  • NEW YORK, Feb 6- Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morningstar data showed on Monday. Pimco Income Fund, overseen by group chief investment officer Dan Ivascyn, posted $1.6 billion of inflows, resulting in assets under management of $73 billion, Morningstar said.

  • SAN FRANCISCO, Feb 6- U.S. public pension funds are cutting their expectations for investment returns over the next 30 years or more, but some do not expect to meet even the new targets over the coming decade. After a long period of low interest rates, forecasts by investment analysts show the next 10 years will probably bring slower market growth, leading to reduced...

  • Public pension funds across the country have been steadily revising downward their expectations for investment returns from a median discount rate of 8 percent in 2010 to 7.5 percent presently, according to the National Association of State Retirement Administrators. In response to Wednesday's decision, California Treasurer John Chiang said that "by...

  • *TPG, Cerberus, Thoma Bravo interested in bidding. TORONTO, Jan 27- Canada Pension Plan Investment Board and several U.S. private equity firms are interested in acquiring Canadian financial technology services provider DH Corp, according to people familiar with the situation. TPG, Cerberus Capital Management LP and technology-focused Thoma Bravo are some of...

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut its endowment staff by roughly half, in a dramatic overhaul in how the Ivy League school's $35.7 billion in assets are managed. As the richest university in the world, Harvard's decision to break with its long-held hybrid investment model, in which a...

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut its staff by roughly half, in a dramatic overhaul in how the Ivy League school's $35.7 billion endowment is managed. The internal team that oversees real-estate investments will spin out into an independent group that is expected to keep managing money...

  • BOSTON, Jan 25- Harvard University will hire Rick Slocum as chief investment officer at its investment arm, Harvard Management Company, as the school overhauls the way it manages its endowment. N.P. Narvekar, the recently hired chief executive of the investment arm, said Slocum, who had been chief investment officer at the Johnson Company family office, will join...

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut more than a hundred jobs, marking a dramatic overhaul in how the Ivy League school's $35.7 billion endowment is managed. Harvard Management Co's new chief executive officer N.P. Narvekar announced the plans in a letter on Wednesday, noting that the...

  • Jan 25- Harvard University's investment arm is expected to outsource management of most of its $35.7 billion endowment and lay off roughly half the 230 staff, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Harvard Management Co, which oversees America's largest endowment, will close its internal hedge funds and lay off...

  • SAO PAULO, Jan 24- Brazil's Cyrela Commercial Properties SA is in talks with Canada Pension Plan Investment Board for a potential asset swap and joint ventures to invest up to $400 million in new commercial office space. The deal, which would lay the groundwork for a new round of investment, underscores investors' hopes that falling interest rates will trigger a...

  • NEW YORK, Jan 23- Jeffrey Gundlach, who oversees more than $101 billion of assets as chief executive of DoubleLine Capital, has predicted a weaker dollar and more demand for inflation-protected securities now that U.S. President Donald Trump has "doubled down" on his stance regarding trade and securing jobs in America. This included an executive order formally...

  • DUBAI, Jan 23- Dubai ports operator DP World said on Monday it was partnering with Canadian pension fund manager Caisse de dépôt et placement du Québec to create an investment vehicle worth US $3.7 billion that would invest in ports and terminals worldwide. The platform will have "a focus on investment-grade countries" excluding the United Arab Emirates, and...

  • The investment manager developed by UK pension funds to invest in UK infrastructure, appointed Tony Poulter as chairman. The company appointed Phil Roberts to lead investment banking in EMEA, and Phillip Hall to head the structured finance business in the region. The global advisory, broking and solutions firm named Mike Liss as head of its corporate risk and...

  • The investment manager developed by UK pension funds to invest in UK infrastructure, appointed Tony Poulter as chairman. The global advisory, broking and solutions firm named Mike Liss as head of its corporate risk and broking business in North America, effective immediately. The fixed income manager appointed Timothy Ash to the newly created role of...