Investing Institutional Investors

  • They said the documents also showed the loophole in German tax rules had been exploited by some of the world's largest institutional investors including Blackrock and Norway's sovereign wealth fund to cut their tax bills. The report reignited a debate about tax avoidance in Germany, where politicians and government rounded on a scheme that Wolfgang...

  • LONDON, May 2- Almost half of the world's top 500 investors are doing nothing to address climate change through their investments, a study showed on Monday. A report by the Asset Owners Disclosure Project, a not-for-profit organisation aimed at improving the management of climate change, found that just under a fifth of the top investors- or 97 managing a total of...

  • TORONTO, April 30- The Canadian government is eager to consider joining the pension fund Caisse de depot et placement du Quebec in investing in a new public transport light rail network in Montreal, the third-largest of its kind in the world, Prime Minister Justin Trudeau said on Saturday. Speaking at a Liberal convention in Montreal, Trudeau told reporters he...

  • BEIJING, April 29- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme stood at $80.996 billion as of April 29, from $80.95 billion at the end of March, the foreign exchange regulator said on Friday.

  • Leland Hart, who has been with the company for seven years and has headed the company's bank loans team, will no longer oversee funds including the nearly $3 billion BlackRock Floating Rate Income Fund. Hart managed $10.8 billion in money and accounts at BlackRock as of last year, while Ebner oversaw $2.2 billion, according to earlier disclosures BlackRock made...

  • LONDON, April 29- Electric utilities should undergo stress tests to show how their business models are in line with limiting global warming, a global network of investors said on Friday. In a guide published on Friday, a network of more than 270 institutional investors with assets worth more than 20 trillion euros said they were concerned that utilities'...

  • BERLIN, April 27- A commission overseeing Germany's nuclear exit wants utilities operating atomic power plants to pay 23.3 billion euros into a state-fund to cover the costs of waste storage, commission sources told Reuters on Wednesday. The sources added the amount was agreed unanimously by the 19 members. The commission is expected later on Wednesday to...

  • TORONTO, April 26- Two of Canada's top pension funds have come out in support of a shareholder proposal calling for greater transparency at plane and train maker Bombardier Inc, despite a rejection of the idea by the company's management. Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan both also expressed concern with the Quebec- based...

  • TORONTO, April 26- Two of Canada's top pension funds have come out in support of a shareholder proposal calling for greater transparency at plane and train maker Bombardier Inc, despite a rejection of the idea by the company's management. Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan both also expressed concern with the Quebec- based...

  • MONTREAL/ TORONTO April 22- Canadian pension fund Caisse de depot et placement du Quebec said on Friday that it would invest C $3 billion in a new public transport network in Montreal, the third-largest of its kind in the world. The C $5.5 billion project, a public-private partnership, would require C $2.5 billion from the province of Quebec and Canada.

  • *Vicenza IPO emerges as test of confidence in Italy banking. MILAN, April 21- Italy's Banca Popolare di Vicenza faces existing and potential legal claims of 1.65 billion euros from clients who allege it mislead them into buying its shares, potentially complicating a state-backed rescue of the struggling bank. However, the legal claims facing Vicenza,...

  • Cliff Robbins, founder Blue Harbor Group

    When you invest in a company for two years or more, you're really investing in a management team, an activist investor told CNBC.

  • SACRAMENTO, Calif., April 18- The California Public Employees' Retirement System decided on Monday to review the potential impact of reinvesting in tobacco, 16 years after the pension fund dropped the controversial asset from its portfolio. Tobacco is the leading preventable cause of death in the United States, according to the U.S. Department of Health and...

  • MILAN, April 15- Italy has dubbed its new bank bailout fund Atlas, after the mythical Greek titan, because it is meant to hold up the sky above the nation's lenders. The 5- 6 billion euro fund was hailed by the government as an industry-led response to concerns in Rome and other European capitals about the euro zone's fourth-biggest banking system.

  • *GLG hardest hit, strong AHL sales please analysts. Man said in a statement assets under management at the end of March were $78.6 billion, from $78.7 billion at the end of December, as a strong performance at its systematic trading arm AHL helped offset a weaker quarter for GLG, its actively traded equities business. AHL offers a range of computerized hedge fund...

  • NEW YORK, April 14- New York City's largest public pension fund voted on Thursday to unwind all of its hedge fund investments in a sign of the growing dissatisfaction with the asset class in the $4 trillion public pension fund sector. "Hedges have underperformed, costing us millions," New York City's Public Advocate Letitia James told board members in prepared...

  • NEW YORK, April 14- The board of New York City's largest public pension fund voted on Thursday to unwind all of its hedge fund investments and stop future investments in the asset class, according to the city's public advocate, a trustee at the pension fund. NYCERS had $1.7 billion invested in hedge funds as of June 30, 2015, according to its latest financial report.

  • NEW YORK, April 14- The board of New York City's largest public pension fund voted on Thursday to stop future investments in hedge funds and unwind all current investments in the asset calls, according to the city's public advocate, a trustee at the pension fund.

  • BOARD OF NEW YORK CITY PUBLIC PENSION FUND NYCERS VOTES TO STOP HEDGE FUND INVESTMENTS-CITY PUBLIC ADVOCATE.

  • NEW YORK, April 14- A pension fund for New York City employees is expected on Thursday to vote to unwind its hedge fund investments, according to a source familiar with the discussions, a sign of growing dissatisfaction with the asset class among public pension funds. The board of the New York City Employees' Retirement System, the largest city pension fund, will...