Sept 15 (Reuters) - Calpers, the largest U.S. pension system, said on Monday it has scrapped its hedge fund program and will pull about $4 billion in its investments from 30 such funds.
s longer-term structural issues; particularly if changes to corporate taxes, the asset allocation of the Government Pension Investment Fund (GPIF), and extension of the Bank of Japan’s (BoJ) QE, are enacted. China: a tenuous balancing
LONDON, Sept 15 (Reuters) - Dutch investment firm Ownership Capital on Monday said it had raised $750 million from UK and European pension funds and would look to buck the industry norm by investing in its target companies for 10-years.
Sep Empire State Survey : 27.5 vs. 15.9 expected, 14.69 prior. New Orders: 16.9 vs. 14.1 prior. Shipments: 27.1 vs. 24.6 prior. Post your comment!
SINGAPORE, Sep 15 (IFR) - Asian credit spreads widened as sentiments turned more bearish after China released weaker-than-expected economic data.
Sep 15 (Reuters) - Monitise Plc, a mobile banking technology company, said full-year group EBITDA loss widened 63 percent due to investment in product and sales particularly in the second half of the year.
Exchange, to be called Pershing Square Holdings. The fund has already raised more than $1.5B in commitments from European pension funds, as well as U.S. hedge funds, and will allow for raising permanent capital that is not subject to investor redemptions
MOSCOW, Sept 15 (Reuters) - Russia will create a multi-billion dollar anti-crisis fund in 2015 of money destined for the Pension Fund and some left over in this year's budget to help companies hit by...
By Daniel Jones : After reporting revenue and earnings for the first quarter of its 2015 fiscal year on Sep . 12, shares of Darden Restaurants (NYSE: DRI ) fell about 1.5%. Although management is forecasting comparable store sales
Sept 15 (Reuters) - Funding levels for city and county pension plans rose almost 6 percent in 2013 from the previous year, according to a report released by Wilshire Consulting on Monday.