International

Most investors not preparing for a Brexit — MSCI survey

Most investors not preparing for a Brexit — MSCI survey

While the implications of a U.K. exit from the European Union are feared by investors in the U.K. and Europe, less than half are preparing for a so-called Brexit, said a survey of money managers and...

May 16, 2016 | 03:38 pm
Supreme Court rulings keep shareholder suits in state, set higher hurdles for plan participants

Supreme Court rulings keep shareholder suits in state, set higher hurdles for plan participants

The Supreme Court made it somewhat easier to bring shareholder and other lawsuits in state court, but harder for retirement plan participants to sue unless there is clear harm, in two decisions...

May 16, 2016 | 04:09 pm

Qatari wealth fund said to create $100 billion unit in overhaul

Qatar's sovereign wealth fund is undergoing its biggest overhaul since 2014, grouping $100 billion of investments in local companies into a new unit, people with knowledge of the matter said.

May 16, 2016 | 02:44 pm
U.S. concerns growing over potential U.K. exit

U.S. concerns growing over potential U.K. exit

Brexit concerns have hit U.S. shores, with investors, investment consultants and global money managers worried about the potential implications of a U.K. exit from the European Union.

May 16, 2016

Church Commissioners for England endowment returns 8.2% in 2015

Church Commissioners for England, London, returned 8.2% on its investments in 2015, with the endowment fund growing 4.5% to £7 billion ($10.2 billion) over the year.

May 16, 2016 | 01:17 pm
Bridgewater approved for wholly foreign-owned investment arm in China

Bridgewater approved for wholly foreign-owned investment arm in China

Bridgewater Associates garnered approval from China’s regulators to set up a wholly foreign-owned enterprise in China for investment management activities, said a report Monday by Z-Ben Advisors.

May 16, 2016 | 11:19 am

BlackRock names CIO for Japan business

Takeshi Fukushima was named managing director and chief investment officer of BlackRock Japan.

May 16, 2016 | 11:14 am
New book offers insights on pension financing, governance, design

New book offers insights on pension financing, governance, design

A road map for pension investing and governance can be found in Keith Ambachtsheer’s book, “The Future of Pensions Management: Integrating Design, Governance, and Investing.”

May 16, 2016
AIMCo employees pitch in to help evacuees

AIMCo employees pitch in to help evacuees

Employees of the C$90.3 billion ($71.9 billion) Alberta Investment Management Corp. are doing what they can to help evacuees who fled from the huge wildfire earlier this month in Fort McMurray, 234...

May 16, 2016
Foreign money managers make big push for business in Tokyo

Foreign money managers make big push for business in Tokyo

Foreign money managers are opening sales and client service offices in Japan this year, anticipating growing offshore allocations from local asset owners as hopes for Abenomics fade.

May 16, 2016

European Commission hangs up on mobile phone merger

The European Commission on Wednesday rejected the proposed merger of European mobile phone firms Three UK and O2, which was the target of an investment by five large institutional investors,...

May 12, 2016 | 03:13 pm

Allianz Global Investors head of international solutions specialists departs

Joe Moody, head of international solutions specialists at Allianz Global Investors, left the firm.

May 12, 2016 | 02:49 pm
Aon completes $1.3 billion buy-in for its retirement plan

Aon completes $1.3 billion buy-in for its retirement plan

Aon Retirement Plan, Surrey, England, completed a £900 million ($1.3 billion) pension buy-in with Pension Insurance Corp., covering the majority of liabilities across two sections of the hybrid ...

May 12, 2016 | 12:17 pm

Glencore board supports CalPERS-sponsored climate-change proposal

Glencore PLC board of directors expressed support for a shareholder resolution co-sponsored by CalPERS calling for a report on environmental risks and opportunities associated with climate change.

May 11, 2016 | 04:03 pm

EDHEC Business School adds finance professor

Riccardo Rebonato joined EDHEC Business School as professor of finance, and also became a member of the EDHEC-Risk Institute.

May 11, 2016 | 10:49 am