Service providers in the US will be required to disclose any direct and indirect compensation to plan fiduciaries from July 16, 2011, under new regulations issued by the Department of Labour.
Korea and Abu Dhabi funds signal future co-investments
The South Korean Government has teamed with Abu Dhabi’s largest sovereign wealth fund, the $627 billion Abu Dhabi Investment Authority (ADIA), to jointly pursue future investment opportunities.
Scots dig deep in lobby to house Green Bank
An alliance of Scotland’s finance sector, power and renewable energy firms and universities is backing a campaign being taken to Westminster, to lobby ministers on Edinburgh being the ideal home for the Green Investment Bank being set up by the UK government.
Bridging the gap between public and private pensions
The United States private sector retirement system could adopt some particular elements of the public sector retirement system to bring the differences between the two back into balance, according to NASRA research director, Keith Brainard.
Harvard uses ETFs for geographical tilts
The Harvard Management Company is actively using ETF’s for geographical tilts, with exposure to China and Brazil through iShares investments its two largest holdings at the end of December 2010.
Fama and French tackle global universe
In new research Ken French and Eugene Fama are expanding their famed “size, value and momentum” work on the US market to an international data sample.
