A glittering array of institutional investors is believed to have become seed investors in this week’s fund-raising for the float of American Insurance Group’s Asian business.
Persistence: Does it exist? Can it be proven?
Professional investment management has come ahead in leaps and bounds over the past decade or so. The latest trend to alternative and bespoke benchmarks has undoubtedly given pension funds more ammunition to test the skill and remuneration of their managers, either external or internal.
GIC signals five emerging markets for future growth
The Government of Singapore Investment Corporation (GIC) has signalled a further shift towards selected emerging markets and to private markets, in its annual report published last week.
Roller-coaster ride for US corporate plan funding
While US corporate pension funds enjoyed their best month this year, in September, they remain chronically under-funded, according to the latest figures from Mercer Investment Consulting.
CalPERS punishes BlackRock for Stuy Town disaster
Another page has turned in the history of the Stuyvesant Town – Peter Cooper Village apartment buildings in New York, as iconic as they have been controversial since their initial construction in the 1940s. CalPERS, America’s largest pension fund, has terminated BlackRock, one of its property managers which led a 2006 purchase of the 80-acre site, after a 12-year relationship.
HOOPP ‘healthy’ building to reduce energy by 50 per cent
The Healthcare of Ontario Pension Plan (HOOPP) Realty-owned AeroCentre V opened in Mississauga this week, a cutting edge “healthy” office building with features that include windows that open, and natural light that will help will reduce energy consumption 35-50 per cent. Click here to read more.
