Investing Institutional Investors

  • 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.


  • 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...

  • NEW YORK, April 13- Investing in Glacial Energy Holdings Inc should have been a disaster. By 2013, Texas utility regulators had fined Glacial $100,000 for overbilling customers and not disclosing that founder and Chief Executive Officer Gary Mole's previous energy venture had collapsed. Mole was forced to resign from the company's Texas subsidiary.

  • NEW YORK, April 12- A key rule governing the U.S. stock market that effectively forces stock orders to be sent to the exchange displaying the best quoted price is outdated and should be scrapped, said an executive of the world's largest sovereign wealth fund. Institutional investors, however, hold 80 percent of U.S. stocks and are far more active market...

  • BOSTON, April 12- Och-Ziff Capital Management shares dropped 24 percent to a record low on Tuesday on the possibility that the U.S. hedge fund would have to plead guilty to bribing government officials in Africa. The Wall Street Journal first reported the settlement talks and said U.S. regulators were seeking a fine of as much as $400 million from Och-Ziff, based...

  • ROME/ MILAN, April 11- Italian financial institutions have agreed to set up a 5 billion euro fund to shore up weaker banks, two of the fund's backers said on Monday, in a state-orchestrated plan to avoid a crisis in the euro zone's fourth-biggest banking sector. Rome has been keen to portray the fund as an industry initiative to ensure it does not fall foul of European...

  • April 6- Miner and commodity trader Glencore said it had agreed to sell a 40 percent stake in its agricultural business to Canada Pension Plan Investment Board for $2.5 billion and use the proceeds to reduce debt, which is among the highest in the sector. The Wall Street Journal on Tuesday said CPPIB, one of the world's biggest pension funds, likely won that auction.

  • Volkswagen hit with $3.6B lawsuit

    Reuters reporting institutional investors in Germany have filed a $3.6 billion lawsuit against automaker Volkswagen due to the emissions scandal. CNBC's Phil LeBeau explains.

  • China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.

  • An investor stands in front of an electronic board showing stock information in Fuyang, China.

    Net outflows from emerging markets weren't just bigger than expected in 2015, there's more pain to come, the Institute of International Finance said.

  • Yahoo Mail

    An activist investor renewed its push for Yahoo to abandon plans to spin off its stake in Alibaba and instead sell its core business.

  • Santa Claus rally on the way?

    Steve Sachs of Goldman Sachs Asset Management gives his take on the reliability of ETFs, expectations for lower market volatility and steadier returns.

  • Cows graze in front of wind turbines at the Bharat Light & Power Amberi wind farms in Rewalkawadi, Maharashtra, India.

    Renewable energy bond issuance is set to take off in Asia as new regulations push banks to step back from extending loans to projects, the ADB said.

  • Dry cracked earth is visible near an almond orchard on April 24, 2015 in Firebaugh, California.

    Managers of institutional funds from California, Texas and North Carolina have very different views on global warming.

  • Jeffrey Gundlach

    Big money managers have a warning for investors using unconstrained bond funds, liquid alternatives and other innovative products.

  • A trader works on the floor of the New York Stock Exchange.

    Despite muted performance in 2014, investors have more hedge funds than ever to choose from, according to new data.

  • Paul Germain

    Fast-growing Stone Ridge Asset Management has poached execs from Credit Suisse, BNP Paribas and Morgan Stanley in recent weeks.

  • United Nations headquarters building in New York

    The United Nations' $52 billion pension fund is getting close to investing in hedge funds for the first time.

  • David Siegel, co-founder of Two Sigma.

    Investors put more money into new hedge funds in 2014 than any year since 2004.