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Investing Institutional Investors

  • The state budget is not enough to fund President Joko Widodo's ambitious plan to expand infrastructure in Southeast Asia's biggest economy, a sprawling archipelago where the costs of moving goods around are among Asia's highest. Indonesia is hoping to attract the likes of Canada Pension Plan, Japan's Government Pension Investment Fund and other...

  • *GPIF posts $69.5 bln investment gain for year. TOKYO, July 7- Japan's Government Pension Investment Fund, the world's largest pension fund, saw its shift into riskier assets pay off as it posted a gain of 7.9 trillion yen in the fiscal year ended on March 31 as global stock markets rallied. Japan's benchmark Nikkei 225 gained 12.8 percent last fiscal year, helped by...

  • TOKYO, July 7- Japan's Government Pension Investment Fund, the world's largest pension fund, posted a gain of 7.9 trillion yen in the fiscal year ended on March 31 as global stock markets rallied. GPIF on Friday reported a return of 5.86 percent in the year, on assets worth 144.9 trillion yen. Japan's benchmark Nikkei 225 gained 12.8 percent last fiscal year, helped...

  • BEIJING, July 5- Primavera Capital Group, one of China's largest private-equity firms, is paying closer attention to domestic opportunities in sectors such as health and technology in the face of stricter capital controls at home and rising protectionism overseas. Also, it has taken a stake in Zhejiang Dasouche Finance Leasing Company, the largest service...

  • BEIJING, July 4- China's cabinet has approved an increase of quota under the Renminbi Foreign Institutional Investor scheme for Hong Kong to 500 billion yuan to further meet demand for yuan asset allocation by Hong Kong investors, the central bank said on Tuesday.

  • *Indonesia to open more sectors to foreigners in August. JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters. For the first time in almost 20 years,...

  • *Indonesia to open more sectors to foreigners in August. JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters. For the first time in almost 20 years,...

  • JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters on Monday.

  • CALI, Colombia, June 29- The Pacific Alliance trade group said on Thursday it has reached a tax agreement for pension funds operating in the bloc's four nations in an effort to stimulate investment in infrastructure projects. The alliance, which comprises Colombia, Chile, Mexico and Peru, was formed in April 2011, aimed at improving trade flows and bolstering...

  • LONDON, June 29- A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial impact of climate-related risks and opportunities, drawing support from more than 100 companies with $11 trillion of assets. The Task Force on Climate-Related Financial Disclosures was set up by the G20's Financial Stability...

  • NEW YORK, June 28- Quebec's largest pension fund has dismissed as "absolute nonsense" claims by Boeing Co that its $1.5 billion investment in Bombardier Inc's rail business amounted to unfair subsidies. Caisse de depot et placement du Quebec's Chief Executive Michael Sabia said in an interview with Reuters on Wednesday that the U.S. aerospace company,...

  • WASHINGTON, June 26- The U.S. Supreme Court on Monday upheld the dismissal of a securities fraud lawsuit by a big California pension fund against banks in the wake of the 2008 collapse of investment bank Lehman Brothers, ruling the fund waited too long to sue.

  • NEW YORK, June 22- Institutional investors remain eager to put money to work on renewable energy projects even as U.S. "Five or six years ago, funds weren't specifically targeting renewable investment; today it's a key component of infrastructure investment," said David Giordano, managing director and head of North American, Latin American and Asia Pacific...

  • AMSTERDAM, June 22- Mylan NV shareholders voted against the generic drugmaker's executive pay policy but re-elected the board at its annual meeting on Thursday despite a shareholder campaign in the wake of a scandal over high prices for its EpiPen emergency allergy treatment. New York City Comptroller Scott Stringer, who oversees the city's pensions and is...

  • LONDON, June 21- Energy giants including Exxon Mobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows. Shell and France's Total would see up to 40 percent of their budgets misspent. Sweden's largest national pension fund, AP7, one of the authors of the...

  • The full inclusion of domestic Chinese stocks in the widely tracked MSCI Emerging Markets Index could pull more than $400 billion of funds from asset managers, pension funds and insurers into mainland China's equity markets over the next decade, according to analysts. "The inclusion of some China A-shares into MSCI's emerging markets index is another sign of...

  • LONDON, June 21- Oil giants including Exxon Mobil and Royal Dutch Shell risk spending more than a third of their budgets by 2025 on oil and gas projects that will not be feasible if international climate targets are to be met, a thinktank says. Shell and France's Total would see up to 40 percent of their budgets outside the limits. Sweden's largest national pension...

  • June 19- The California Public Employees' Retirement System, or CalPERS, plans to scrutinize its private equity investments at next month's board meeting with an eye toward reviewing the governance and transparency of the asset class. Chief Investment Officer Ted Eliopoulos told the investment board on Monday that despite the high returns of its private...

  • *STORY-On sovereign investors and climate change:. LONDON, June 19- The Asset Owners Disclosure Project is an independent not-for-profit organisation which aims to alert asset owners to the risks posed change. Its AODP Global Climate 500 index, published at the end of April, rates the world's biggest asset owners- pension funds, insurers, sovereign wealth funds,...

  • NEW YORK, June 16- The overseer of a $4 billion U.S. government fund to compensate victims of Bernard Madoff's Ponzi scheme expects to start distributing money this year, following criticism of the lack of payouts in the nearly four years since the fund's creation. Their claims were deemed valid in early June by the Department of Justice, whose fund is overseen by...