pension fund

American public-sector pension funds still discount their liabilities by an assumed rate of return, often 8% a year.

But some of the pension funds and investment companies that hold big stakes in Vale will not like this at all.

Chrysler's bankruptcy sale dragged out for a few days after a group of Indiana pension funds appealed.

"We are looking for stable returns on rent, " he said, noting that pension funds were major shareholders in his property funds.

SRI pioneers remain convinced that major, long-term investors like the pension funds will have to take ESG factors into account.

They might be companies, charities, social enterprises, educational establishments, even political parties or pension funds.

The extent to which states raise their own payments to pension funds depends on the stockmarket.

Had the bank run into financial difficulties, clients such as pension funds and hedge funds would have been at risk of losing their money.

I don't think so. The government has decided to prop up the market with pension funds. There should be a small upturn.

I recommended that the state's public pension funds set targets of investing at least 5 percent of their assets in Arkansas.

The fund said its returns had been better than most other SWFs, pension funds or university endowments.

Vast sums of money were locked up in pension funds.

And yet the private plans are in good shape compared with state and local pension funds.

But a lot of that money came from big institutions like pension funds, hedge funds and mutual funds.

Towers Watson 's Mr MacDonald says UK pension funds themselves are not set up to make allocations to specific commodities .

A decade ago, Canada used to run its public pension funds in a similar manner to the US.

Not the big corporate pension funds, which have been moving into bonds and alternative assets (like property) in recent years.

That would hurt pension funds, which bought them, and send congressional leaders into a spin.

But recently, the state of New York approved a law that redirects the food and beverage tax at jazz clubs into musicians' pension funds.

They were able to provide medical insurance and pension funds through the support of the government.

Managers of other college and charitable endowments, and an increasing number of pension funds, hope to follow Mr Swensen's lead.

Alas, like the supposedly dumb small investor, the pension funds ended up chasing past performance.

Pension funds have been able to shape their portfolios to fit their appetite for risk.

Pension funds in Europe and the UK have shown interest and he hopes the fund will be closed by the end of the month.

Clearly, losses to British pension funds and other British shareholders of BP should be of concern to the British government.

Now, we've got a mechanism at the federal level that provides a certain percentage backup or guarantee for these pension funds if they fail.

In a desperate move to raise funds, the government's forced private pension funds to transfer $2. 3 billion into a state bank.

A: Maybe a few: some pension funds, university endowments and other big investors are required to hold triple-A securities.

Market participants said the selling pressure came from long-term investors, such as pension funds, banks and insurers.

The sovereign and pension funds wanting to invest with the World Bank Group in Africa represent a new form of financial intermediation.

Some two-thirds of American pension funds with investment charters limit themselves to buying bonds rated by the industry's triopoly.

Especially in the United States, consultants are playing a bigger role in introducing hedge fund managers to pension funds.

Insurers are being pushed in a similar direction, and pension funds have been moving into bonds for several years.

Commodities traders and hedge funds with long experience have been joined by less expert sorts, including pension funds and individuals.

Local pension funds have significant capacity, he says, and are often restricted to listed markets, so are "screaming for stock" .

The victims of my scheme included individuals, charitable organizations, trusts, pension funds and hedge funds.

More recently, allocations have been given to longer term investors including endowments, pension funds and open-ended mutual funds.

Spokespeople for other big Canadian pension funds declined to say whether they'd been approached.

Banks would bear two-thirds of the losses, it said, with insurance companies, pension funds, hedge funds and others taking the rest.

The government hopes later retirement will serve as a measure to help ease employment pressure and increase pension funds.

Peter Ohnemus, ASSET4's chief executive, said some of the company's main clients were pension funds.

British pension funds have generally promised retirement incomes that are linked to inflation (albeit with an upper limit of 5%).

The Advantage funds, the two largest in the Paulson stable, attracted a number of pension funds and institutional investors in recent years.

The biggest casualties are pension funds, local authorities and numerous companies ranging from an airline to a nickel producer.

But to do that it needs US pension funds, Italian life insurers and Japanese banks allocating capital to the market.

Investors include individuals, insurance companies, pension funds, trust companies, investment companies, and other institutions.

Pension funds are less prone to sudden withdrawals of cash and are the best homes for illiquid assets.

The Icelandic Pension Funds Association has announced that benefits will in all likelihood have to be cut in 2009.

US households, hedge funds, banks and private pension funds have increased their Treasury holdings in the past two years (see chart).

Tin, the only metal in which pension funds had little exposure, has jumped almost 40 per cent.

VEB picked up the job of managing the so-called 'undecided' pension funds after the pension system was reformed a few years ago.

Since June, large pension funds and buy-side shops have shunned Italian debt, forcing Italy to offer even higher interest on its debt.

But the result was that institutions, such as insurance companies and pension funds, could move money across borders.

Public-sector pension funds do sometimes see executive pay as a political rather than a managerial issue.

More aggressive investment mandates for billions of dollars in foreign exchange reserves and pension funds are also supportive.

Argentina is nationalising its private pension funds, seemingly to stave off default (see article). But even stalwarts are looking weaker.

Foreign pension funds and private-equity firms are the main buyers of France's buildings.

Foreign banks and pension funds holding weak economies' euro-denominated government bonds would suffer an effective default.

The banks have stepped into the breach as public-pension funds become net sellers of JGBs to provide funds to retiring baby-boomers.

A failed project will not bring the pension funds down with it.

pension funds and offshore funds. Now, let's come to the last division, Leasing Division.

"Long-term property growth should be exactly what pension funds are looking for to match their long-term liabilities. "

But money managers from hedge funds, pension funds and other large private interests have been pouring money into Nymex crude contracts.

The fact that pension funds are hoping for high returns should make politicians pause.

Unhappiness over pay extends far beyond the activist shareholders and union pension funds that bosses like to blame.

Second, China actually has buyers for this stuff (though they are almost all other banks, rather than insurance companies or pension funds).

So will commodities ever become a mainstream asset class for pension funds, like equities and fixed interest?

Mr MacDonald believes commodities will never be a mainstream asset class for pension funds.

The public-sector pension problem is sharpest in American states. The deficits in their pension funds may amount to $3 trillion.

Many pension funds follow the index and, argue senators, those investments are artificially inflating prices.

Meanwhile, government pension funds have more flexibility to invest in other assets besides government bonds.

Perhaps the greatest threat to commercial banks has come from life insurers and pension funds.

This criticism has resonated with many Australians who own shares in mining companies , often through pension funds .

BP accounts for over a tenth of all share dividends paid by UK companies, and pension funds rely on the income it generates.

One reason why the British inflation-linked yield is so low is that so many pension funds own the bonds for accounting reasons.

In the U. S. , private pension funds manage assets worth about 40% of gross domestic product.

Yesterday's deal from Tesco, however, was overwhelmingly sold to asset managers, insurance groups and pension funds.

Individual investors and pension funds eventually lost everything, and the cases are still clogging Canadian courts.

In theory, states and municipalities are required to make an actuarially determined contribution to their pension funds each year.

Demand from British pension funds, which use the swap market to hedge their long-term liabilities, has forced down fixed-swap rates.

Defaults by the eurozone's most debt-exposed countries would hit banks and pension funds in both the core and the periphery.

Local pension funds are far bigger, with total assets of about $315bn, and they put very little of that into stocks.

Will believes pension funds and institutional investors could look to the social housing sector in the near future.

The Norwegian Pension Fund, commonly called the Oil Fund, is one of the largest pension funds in the world.

Meanwhile, BNDES and the pension funds of the big state companies have increased their holdings in many of Brazil's largest private firms.

GM also reported a substantial deterioration in the status of its pension funds.

Public pension funds could invest only in "professionally" managed companies.

Occupational security refers to the provision of medical insurance and pension funds to people with jobs.

StanChart said it sold the commercial paper to Middle Eastern sovereign wealth funds and European pension funds.

Pension funds and health-care benefits, once guarantees of employee loyalty, are being trimmed or abolished.

Argentina is nationalizing its private pension funds, seemingly to stave off default (see article).

Argentina is nationalising its private pension funds, seemingly to stave off default (see article).

Pension funds are the soft underbelly of democratic capitalism.

Finally, the dissertation gave some advices on how to get more revenues from the portfolio management of our occupational pension funds.

States use the expected return on the assets in their pension funds as a discount rate.

What is needed now is bigger debate about how to manage the state pension funds, across the sector as a whole.

The economic aspects foretell currency changes and difficulties for pension funds.

However , some asset allocators have doubts about pension funds' current interest in the asset class .

China lacks experienced pension funds and other big institutional investors that provide the backbone of private-equity funding in the West.

Nowadays, the banks have parcelled out the risk to hedge funds, pension funds and insurers.

Even long-dated yields are less than 1% in real terms, thanks to demand from pension funds.

Most banks, insurance companies and pension funds are happy, as things stand, to continue investing in coal.

NARRATOR: Pension funds became the power houses of the global economy because they had the money.

Also, many pension funds have less money because their investments have yet to fully recover from the recession.

Pension funds would create a pooled vehicle that would bid for greenfield projects and employ a contractor to do the work.

The aim of QE is to lower bond yields. This raises the liabilities of pension funds (since it takes more money to deliver the same pension).

In recent years, many pension funds have invested in complex credit assets, and those could suffer losses.

Pension funds, under pressure to regain losses, are also making a push for lower fees.

He says failure to act quickly could cause the failure of more banks, a drop in the stock market and losses in pension funds.

These former forced laborers or their descendants filed suit against the Japanese government in 1998 to claim the value of pension funds.

And pension funds may not withdraw large sums when it is hard to make handsome returns elsewhere.

As some interpret it, one would impose on them a fiduciary duty towards pension funds and municipalities.

Pension funds were in crisis two years ago.

Pension funds are also showing interest in the asset class, seeking to diversify portfolios.

The difference between pension funds and mutual funds goes way beyond what gets recorded as expenses.

Peru's Congress is considering a bill that would raise the cap on foreign investment by pension funds, from 30% to 50% of their assets.

Institutional investors such as pension funds may be restricted to investing in Asian strategies run by managers based in Europe, he adds.

As pension funds sank into deficit, they started looking for alternative sources of return.

Pension funds became the powerhouses of the global economy because they had the money.

Onshore unit trusts could only be sold to pension funds and charities. Offshore funds were not restricted.

Overall assets, including Chinese pension funds, may increase from $156bn to $1, 400bn over the next 10 years.

Pension funds are supposed to accumulate assets to equal the present value of their liabilities to retirees.

Investing abroad was expensive, so pension funds kept their money at home.

Pension funds could decide to make a geared bet on equities by borrowing money and investing in the S& P 500 index.

International pension funds are competing to invest in the village and other parts of the Olympic park.

Many pension funds and institutional investors allocate relatively small chunks of their money to hedge funds.

The following day, pension funds and long-term investors stepped up and bought a higher than usual share of the $16bn 30-year issue.

In addition, many LPs are pension funds or endowments which have target allocations to private equity in their portfolios.

"I think the bigger holders now of securitisations are insurance companies and pension funds. "

Emerging gap in the urban pension funds, and fund-raising and other difficult issues, has made the existing old-age insurance system fails.

Pension funds, like the one I work for, have a significant effect on the world's markets, since they collectively manage $24 trillion.

Some pension funds are also concerned that they will butt up against the limits if they have to calculate positions this way.

'Most pension funds have maybe five to ten percent in emerging markets, I bet in 10 years that number is closer to thirty per cent. '

Public pension funds have also joined together to lobby against a reduction in the SEC's power.

Some will talk of the pension funds and others that will suffer.

He does not expect interest from institutions such as pension funds as the product is rather innovative.

Public pension funds and secondary-market firms, including one run by Goldman Sachs Group Inc. , have also made bids, the people said.

Most pension funds consider gold too volatile and therefore too risky.

First it nationalised private pension funds, allowing itself to draw on their $30 billion in assets.

He is awaiting trial for his alleged role in the misuse of about 400 million dollars of Shanghais pension funds.

Brazil's national development bank, BNDES, and some state-run pension funds will also hold stakes in the merged company.

Part of the reason is that pension funds have changed their behaviour, to seek out assets that match their liabilities.

Banks, pension funds, and insurance companies, in turn, bought those bundled mortgage deals based on their credit rating.

Many endowments and pension funds allocate assets to hedge funds.

Those securities are held by risk-averse investors such as banks, pension funds, and central banks around the world.

Most venture funds have some institutional investors (pension funds, university endowments, family offices) as LP's.

Corporate pension funds had 69% of their assets in stocks in 2007 as the market hovered at record highs.

The pension funds are administered by commercial banks.

to allow a modest pension funds into the risky investments.

He takes the new high-speed train to London: it is part-owned by the French firm Keolis, while the tracks belong to Canadian pension funds.

Pension funds and individual investors are keen to get in on the action.

When stockmarkets fall, the assets of all pension funds decline together.

In Illinois the state treasurer, Alexi Giannoulias, wants to streamline the pension funds; he hopes a bill will be ready this month or next.

In practice, accounting changes may have forced pension funds to pay more attention to the short term.

George Alogoskoufis, the finance minister, has ordered an audit of Greece's 200-odd pension funds and banned investment in the risky bonds.

The big buyers were pension funds and endowments.

Hedge funds have been attracting investment from conservative investors such as pension funds.

But some are uneasy that the banks and pension funds would hold a combined 60%.

You managed Harvard's endowment during a turbulent time, and you advise several other endowments and state pension funds.

Europe's ambitious plans for offshore wind projects have some important new backers: pension funds and other institutional investors.

CtW union pension funds hold about 13. 5 million, or less than 1%, of J&J average outstanding shares.

The dotcom boom transferred the wealth of pension funds to 20-some things in Silicon Valley.

Many pension funds and insurance companies hold subprime-linked derivatives, but have not yet recorded losses.

Pension funds also are hurt by low long-term interest rates.

This paper also puts forward some advices for the supervision of pension funds in China from the angle of principal-agent problems.

We have seen a steady stream of demand from pension funds for emerging market debt over the past 18 months and we expect this to continue.

The state's five pension funds are looking pasty .

If you doubt it, look how regularly big western investors such as pension funds make politically inspired investment decisions.

In the late 20th century the actuaries who advised pension funds thought a high rate was appropriate.

It will help if beneficiaries such as pension funds make clearer to fund managers that they see value in tackling remuneration seriously.

Public opinion is evenly split on the tax, even though some of the proceeds will go to pension funds.

Lending of shares by long-term holders such as pension funds or insurance companies when shares are in short supply. Often an . . .

Rajan said institutional investors, such as pension funds, would also demand greater transparency.

The deficits in their pension funds may amount to $3 trillion.

Worried about credit risk? You should fret more about pension funds than banks.

One cynical private-equity executive says it's because of the way some investment staff at pension funds are paid.

Illinois's pension funds were skimpy even before the crisis.

Unregistered shares are available only to qualified investors such as large pension funds, hedge funds and high-net worth individuals.

Even conservative institutions such as US and European pension funds plan to steadily increase their exposure.

But India lacks a local equivalent. Its occupational pension funds hold assets worth 2. 5 trillion rupees, only about 5% of GDP.

This is because domestic pension funds want assets denominated in their own currencies.

We are seeing equal demand from pension funds in the US and Europe.

In recent years some "real money" asset managers, such as pension funds, bought securitised products.

Growth has also been driven by bigger investors, such as pension funds, seeking specific benchmarks.

Most of Peru's 32-year bonds were reportedly picked up by local pension funds.

By contrast, the main class of investors in the west are fund managers such as pension funds.

In the 1990s, many pension funds made far too big a bet on equities, a gamble that went disastrously wrong in the 2000-02 bear market.

In America managers cower before pension funds and other powerful institutional investors. But India lacks a local equivalent.

eg. Pension funds and others fear they will be charged a higher premium by custodians as a result.

The government can manage pension funds directly.

In the final part, proposed the recommendations to improve the supervision of pension funds in China.

However, they exclude state pension funds such as Norway's government pension fund.

Large institutional investors, such as pension funds and insurance companies, are thought to benefit most because of their volume buying.

The Fed's latest senior credit officer survey reported increased use of leverage by investors such as pension funds and hedge funds.

Perhaps back then it made sense for some investors, such as pension funds, to be obliged to buy top-rated bonds.

Fueled by easy money, not only from banks but also endowments and pension funds, buyout kings like THL upended the old order on Wall Street.

Lehman bonds were widely held by investors such as pension funds and mutual funds.

Between 1952 and 2006, American pension funds increased their equity weighting from 17% to 69%.

Pension funds will be required to vote in the interests of their members and make their votes public.

Over the past five fiscal years, Canada's return on public pension funds was 2. 8% and Sweden's was 3%. Japan's return was 0. 7%.

Ireland and France, for example, have required or "encouraged" pension funds to invest in more government debt.

The strategy is therefore significantly different from the strategies of, for example, pension funds and other investment funds.

This is also the case with many of today's asset liability structures for pension funds.

It can also dip into some government pension funds and the US$50-billion Exchange Stabilization Fund.

It is reluctant to free banks, pension funds and insurers to serve the market better, because it needs them to buy its bonds.

First she ramped up taxes on farmers, then last year she nationalised private pension funds.

And so it is with other pension funds.

These funds will be open to investors of all types, such as pension funds, so that a broad range of Americans can participate.

Pension funds, on the other hand, get a steady and stable inflow of cash, so they don't have these kinds of problems.

It is reluctant to free banks, pension funds andinsurers to serve the market better, because it needs them to buy itsbonds.

But is this what pension funds and endowments really want?

The Investment with Individual Account of Basic Pension Funds Under the System of Independent Account

Models for Asset Liability Management and Its Application of the Pension Funds Problem in Liaoning Province

Overseas Investment of Pension Funds: International Practice and Chinese Conditions

when private-equity-owned companies default on debts, leaving insurers and pension funds saddled with the losses;

Effectiveness of investment supervision of occupational pension funds

Enlightenment from the International Experience in Monitoring the Operation of Pension Funds

A Case Study on Shortage of Pension Funds--take the case of Lanzhou

The Financing Situation and the Risk of the Running of Our Social Pension Funds

Institutional Analysis on the Interaction Between Pension Funds and Capital Markets

Pension Funds: Serious Challenges to Partial Accumulation Method

Considerations about the Accounting Calculation of the Pension Funds

A Constant Elasticity of Variance Model for Defined Benefit Pension Funds Management

Investment Strategy of Supplementary Pension Funds

Research on the Relationship Between Private Pension Funds and High-tech Industries in USA

Discussion on Pension Funds -raising of Rural Social Endowment Insurance

Comparison for Increasing Value Management of Pension Funds

Research on China Governance of Occupational Pension Funds

The Analysis of the Indexing Strategy of Social Pension Funds

Investment Strategies Analysis of Pension Funds Based on Portfolio Insurance Technique

Asset Allocation for insurance and Pension funds

The close ties between governments and pension funds

Establishment of Pension Funds and Development of Capital Markets

The Role of Pension Funds in the Corporate Governance

Research on the Operation of China Pension Funds

A Survey of Preference of Pension Funds

Why pension funds beat mutual funds

Analysis on the Present Raising Channels of the Rural Pension Funds in China

Study on Portfolio Investment of Pension Funds in China

The Interactive System of Pension Funds and Stock Market in China

The National Association of Pension Funds in the United Kingdom

Private pension funds: $504. 7 billion (3. 5 percent)

National Association of Pension Funds, NAPF

National Association of Pension Funds

The national association of pension funds

Discussion on the International Investment for Our Country's Pension Funds