Some institutional investors are embracing alternatives once again in a bid to boost returns as the global recession is believed to be reaching a turning point.
With Brazil hosting the World Cup in 2014 and the Olympics in 2016, investment opportunities in infrastructure are vast, and both foreign and local investors will put more money to work in the next few years.
Recent initiatives in private equity—such as new mandates, recruitment in financial control and strategic management and back office outsourcing—indicate the asset class is surviving the current financial hardship.
Alliance Trust has entered the fixed-income arena by hiring a team of four from Scottish Widows Investment Partnership.
U.K.-based fund management boutiques are expanding their management skills and distribution into Continental Europe and beyond in order to take advantage of the investment opportunities post-recession.
To what extent are asset owners realizing long-term investment implications from analysis of nonfinancial factors, such as corporate social responsibility or environmental risks, and how willing are they to incorporate such factors into investment decision making for their pension plans?
The GBP417 million London Borough of Hillingdon is reviewing three of its external fund managers—AllianceBernstein, Goldman Sachs Asset Management and UBS Global Asset Management—and has terminated Capital International due to underperformance.
London’s Blacksquare Capital is planning to launch a UCITs-compliant absolute return funds in September, which CEO Christopher Peel believes will be the first of its kind.
The Ontario Municipal Employees Retirement System, with assets worth CAD43 billion (GBP22.7 billion), is planning to start managing and providing administration to other pension funds.
Having worked at Pioneer since 1979, Carey has seen several bear markets and various financial crises in his time.
BNY Mellon Asset Servicing is preparing to launch its servicing capabilities for pooled Employment Retirement Income Security Act assets this summer.
Driven by a sharp increase in risk aversion, the de-leveraging process in financial markets has led to more visible spill-over effects into the real economy as even sound borrowers faced difficulties in obtaining financing.
ING Group plans to spin off its investment management business and reorganise it into a new company.
There is a clear distinction between the nature of the current global recession and those that have typified the last 50 years.
The Dutch pension scheme for computer conglomerate IBM is planning to cut its investment risk by cutting at least 10% of its equity portfolio and investing it in European corporate bonds.
FONCHIM, the EUR2 billion pension scheme for the Italian chemical and pharmaceutical industries, has tendered a fixed-income mandate worth around EUR60 million.
A GBP300 million fixed-income mandate run by UBS Global Asset Management and Western Asset Management at the GBP3 billion South Yorkshire Pension Scheme is being tendered.