Tag Archives: pension

Pension fund slashes Pimco investment

Florida board pulls most of $ 2.9bn in wake of management turmoil Asia homepage

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Canada pension fund sees India opportunity

CPPIB plans to expand its portfolio to asset classes including private equity and private credit in anticipation of long-term growth in India Asia homepage

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Japan pension fund warns on Abe pressure

Head of world’s biggest manager of retirement savings hits out at demands to rebalance bond-heavy portfolio and says it is not a tool to push up stock prices Asia homepage

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Backlash hits AOL CEO who linked pension cuts to ‘distressed babies’

By Jennifer Saba and Lisa Richwine NEW YORK/LOS ANGELES (Reuters) – AOL Inc Chief Executive Tim Armstrong tried to tamp down a backlash after he linked a cut to pension benefits with rising insurance costs due to two employees' "distressed … Continue reading

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Detroit sues over ‘disastrous’ pension deal

The city has asked a judge to let it stop making payments on $ 1.44bn debt transaction ‘because it was void from the beginning’, it said Asia homepage

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Public Pension Funds And Municipal Default Risk

By Donald van Deventer: The state of public pension funds is at the heart of the potential default risk of states and municipalities, as the recent bankruptcy of Detroit demonstrates. There is a wide gap between common analysis at public … Continue reading

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Restoring The Integrity And Safety Of Public Pension Funds

By Donald van Deventer: At a major risk management conference in Geneva in December 2002, Nobel Prize winner Robert C. Merton told this story before an audience of 400 risk experts: "A major pension fund manager was approached by a … Continue reading

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Citigroup sells EMI pension fund to PIC

Pension Insurance Corporation deal to buy out fund is the largest in the UK and bucks recent trend which has seen prices depressed by low bond yields Financial Times – Asia homepage

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Giant Japan pension fund to buy more stocks

Shift in strategy by Japan’s Government Pension Investment Fund, the world’s largest public pension fund, could help calm country’s frazzled stock market Financial Times – Asia homepage

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NYC pension funds seeking ouster of 2 HP directors

NEW YORK (AP) — A group of New York City pension funds is joining the effort to oust the longest-serving members on Hewlett-Packard’s board of directors for their roles in a series of costly decisions that have battered the company’s … Continue reading

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