Pension Funding

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2013/1/31
Global institutional pension fund assets in the 13 major markets grew by 9% during 2012 to reach a new high of US$30 trillion, according to Towers Watson’s Global Pension Assets Study released today.
Sign-up for Global pension fund assets hit record high in 2012, Towers Watson Study Finds investment picks
2013/4/4
The UBS Global Asset Management US Pension Fund Fitness Tracker found that the typical US pension plan’s funding ratio increased by nearly five percentage points during the first quarter of 2013, rising to 82%. “Similar to the first quarters of the past two years, the first quarter of 2013 has been quite favorable for US pension plans," said Jodan Ledford, an Executive Director within UBS’s Retirement and Advisory Solutions group.
Sign-up for US Pension Fund Fitness Tracker: Funded Status of Plans Improves in First Quarter of 2013 investment picks
2013/4/26
--Pension funds allege their investments in BP were made at 'artificially inflated' prices --Funds allege company played down scope of the spill and cost of cleanup operation to prop up its share price --Funds held a combined 2.8 million in BP shares valued at $19.3 million as of April 25 (Adds BP response in fifth paragraph.) By Alison Sider New York City's pension funds, among the largest in the country, have brought a suit against BP PLC (BP, BP.LN) claiming their members lost $39 million as a result of BP's actions before and after the Deepwater Horizon explosion.
Sign-up for UPDATE: New York City Pension Funds Sue BP for Investment Losses investment picks
2013/3/12
Air Canada Pension Funding Arrangements to be Extended with Specific New Conditions Attached Canada NewsWire MONTREAL , March 12, 2013 /CNW Telbec/ - Air Canada and the Government of Canada have agreed to an extension of Air Canada's pension funding arrangements to January 30, 2021 .
Sign-up for Air Canada Pension Funding Arrangements to be Extended with Specific New Conditions Attached investment picks
2013/4/23
Scotiabank acquires 50% of BBVA pension fund management business in Peru Canada NewsWire As part of this transaction, Scotiabank and SURA Asset Management, a subsidiary of Grupo SURA, who has acquired the other 50% of AFP Horizonte, will jointly manage the company through a transition period.
Sign-up for Scotiabank acquires 50% of BBVA pension fund management business in Peru investment picks
2013/4/26
New York City's pension funds, among the largest in the country, have brought a suit against BP Plc .
Sign-up for New York City Pension Funds Sue BP for Investment Losses investment picks
2013/3/8
Emerald Advisers, Inc. has been named a finalist for Money Management Intelligence’s 12 th Annual Public Pension Fund Awards for Excellence.
Sign-up for Emerald Advisers named Finalist for MMI’s 12th Annual Public Pension Fund Awards for Excellence investment picks
2013/5/6
LIMA, Peru -- Peru's government Monday gave the green light to Chilean pension-fund manager AFP Habitat SA to begin conducting business in the country.
Sign-up for Peru Gives Green Light to Chilean Pension-Fund Manager AFP Habitat investment picks
2013/4/16
SAO PAULO --The pension fund serving employees of giant Brazilian mining company Vale (VALE, VALE5.BR) is considering diversifying into international assets, the fund's investment director told reporters Tuesday on the sidelines of a private equity conference.
Sign-up for Pension Fund for Brazil Miner Vale Eyes International Markets investment picks
2013/4/4
LIMA, Peru --
Sign-up for Peru's Superintendent Approves Increasing Pension Fund Investment Limit investment picks
2013/4/15
A Missouri pension fund, the Police Retirement System of St.
Sign-up for Missouri Pension Fund Sues J.P. Morgan over `London Whale' Losses -Reuters investment picks
2013/4/16
NEW YORK and LONDON , April 16, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been selected by British Airways Pension Fund to provide specific services for a number of the Fund's over-the-counter (OTC) derivative investments.
Sign-up for BNY Mellon to Provide OTC Derivatives and Collateral Management Services to British Airways Pension Fund investment picks
2013/4/22
News Corporation shareholders Amalgamated Bank, as Trustee to the LongView Funds (“Amalgamated Bank”), Central Laborers Pension Fund and the City of New Orleans Employees’ Retirement System (“NOMERS”), together with co-lead derivative counsel, Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) and Grant & Eisenhofer P.A. (“G&E”) announced today they have reached agreement with News Corporation and the individual defendants, certain current or former directors of the Company, to resolve all claims alleged in the derivative lawsuit captioned In re News Corporation Shareholder Derivative Litigation (6285-VCN, Delaware Chancery Court) (the “Action”). Under the terms of the settlement, News Corporation will recover $139 million in insurance proceeds.
Sign-up for Pension Funds and Shareholders’ Counsel Announce Settlement of News Corporation Derivative Litigation: An Announcement by Bernstein Litowitz Berger & Grossmann and Grant & Eisenhofer investment picks
2013/4/18
Banco Bilbao Vizcaya Argentaria SA (BBVA) said Thursday it has completed the sale of its stake in a pension fund management firm in Colombia , BBVA Horizonte Sociedad Administradora de Fondos de Pensiones y Cesantias to Grupo Aval Acciones y Valores for $541.4 million .
Sign-up for BBVA Completes Sale of Stake in Colombian Pension Fund Manager investment picks

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Pension Funding
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