US - The California Public Employees Retirement System has struck a deal with Apollo Global Management that sees the private equity fund manager reducing its existing fees by US$125m over the next five years.
Exchange trading of stock loans promises to inject a needed dose of transparency and liquidity into the securities lending business. Kris Devasabai reports on the latest developments
US/UNITED ARAB EMIRATES - The Abu Dhabi Investment Authority (ADIA) said it plans to fully "pursue its legal rights" as it looks to pull out of its 2007 investment in Citigroup or receive US$4bn in compensation.
Emma Dunkley reports from Global Pensions' annual Transition Management Forum held on September 9, 2009 at Plaisterers' Hall, London
Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.
Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.
Water is increasingly coming into investors' sights as despite its scarcity the potential for growth is vast, as Sebastian Cheek reports
Pension schemes are still eyeing opportunistic investments despite the severity of the current crisis, asset managers say.
Emma Cusworth examines how transition management has been impacted by the credit crunch and how the re-shaped industry aims to push forward
Emma Oakman looks at the mounting problems of the securities lending industry and asks leading figures how current events will affect supply and demand