Global

Orange County Employees eliminates 14% absolute-return allocation

Orange County Employees eliminates 14% absolute-return allocation

Orange County Employees Retirement System has adopted a new asset allocation that eliminates the 14% absolute-return allocation and decreases credit by 1 percentage point to 13%.

January 26, 2017 | 04:30 pm
World's biggest wealth fund sits out liquidity trap others fear

World's biggest wealth fund sits out liquidity trap others fear

The $890 billion Government Pension Fund Global, which invests Norway's oil wealth in foreign stocks, bonds and real estate, can afford to wait longer than you can.

January 26, 2017 | 08:38 am
Norway Government Pension Fund Global takes Raytheon off exclusion list

Norway Government Pension Fund Global takes Raytheon off exclusion list

Norway's Government Pension Fund Global has decided to include Raytheon Co. in its equity and fixed-income portfolios again.

January 25, 2017 | 12:30 pm
2016 themes expected to carry over into new year

2016 themes expected to carry over into new year

Experts in a number of pension fund markets around the world expect to have in common this year several themes that drove their investment returns and funded status in 2016.

January 23, 2017
Returns strong in 2016 despite scary beginning

Returns strong in 2016 despite scary beginning

An eventful year filled with geopolitical drama, market volatility and diverging monetary policy gave rise to some impressive returns for pension funds in seven of the world's largest retirement...

January 23, 2017

Chicago teachers plan eyes buyout search, commits $90 million to 5 managers

Chicago Public School Teachers' Pension & Retirement Fund plans to issue an RFP next week for a U.S. or global buyout manager.

January 20, 2017 | 04:01 pm
GPIF plans further boost to investment team

GPIF plans further boost to investment team

A broader response built on allocations to infrastructure, real estate and private equity will require a continued expansion of Japan's Government Pension Investment Fund's investment team at home...

January 19, 2017 | 05:11 pm

Germany's BVK pension plan commits to volatility risk premium fund

Bayerische Versorgungskammer, Germany's largest public pension fund, committed an undisclosed amount to RP Vega Fund for volatility risk premium investments, a BVK spokeswoman said.

January 19, 2017 | 11:56 am
Ohio Public Employees raises emerging markets debt, TIPS allocations

Ohio Public Employees raises emerging markets debt, TIPS allocations

Ohio Public Employees Retirement System slightly increased its targets to emerging markets debt and Treasury inflation-protected securities in the target allocation of its defined benefit plan.

January 19, 2017 | 04:22 pm
BlackRock and Vanguard bring home the bacon, again

BlackRock and Vanguard bring home the bacon, again

BlackRock's iShares and Vanguard saw record inflows into their ETF businesses in 2016, receiving $107 billion and $94 billion in new business, respectively.

January 18, 2017 | 10:49 am
BofA: Managers still holding cash despite rising optimism on global growth

BofA: Managers still holding cash despite rising optimism on global growth

Money managers remain optimistic on global growth and inflation but are hesitant to cut their cash holdings, according to Bank of America Merrill Lynch's monthly fund manager survey released on...

January 17, 2017 | 12:25 pm
Banks rejected by Supreme Court, lose bid to derail LIBOR suits

Banks rejected by Supreme Court, lose bid to derail LIBOR suits

The U.S. Supreme Court turned away an appeal by Bank of America, Citigroup and J.P. Morgan Chase, refusing to stop antitrust lawsuits that accuse some of the world's largest banks of conspiring to...

January 17, 2017 | 03:00 pm

Los Angeles Water & Power preps real estate consultant search

Los Angeles Water & Power Employees' Retirement Plan plans to launch an RFP for a real estate consultant in coming weeks.

January 13, 2017 | 03:57 pm

AMP Capital closes global infrastructure platform at $2.4 billion

AMP Capital closed its global infrastructure platform at $2.4 billion, exceeding a $2 billion target, with commitments from more than 50 institutional investors.

January 12, 2017 | 02:14 pm

San Francisco climbs with Himalaya Capital for global equity

San Francisco City & County Employees' Retirement System hired Himalaya Capital Management to manage up to $200 million in a global equity strategy.

January 10, 2017 | 03:20 pm