The government has eliminated its previous 5%, 15% and 25% cap on pension plan investments in real estate and Canadian resource properties, with expectations the rule could result in rising allocations to the asset class.
2 min read · 24 January 2013
Beth Ann Roybal has been charged with stealing $500,000 from the Colorado Public Employees' Retirement Association between 1993 and 2009, where she worked as a real estate investment official and property manager.
2 min read · 24 January 2013
More than a third of UK pension funds already invested in real estate are actively looking to increase their exposure to the asset class, according to Aberdeen Asset Management.
1 min read · 24 January 2013
The Fourth Swedish National Pension Fund, which is a government agency designed to act as a buffer against temporary fluctuations in pension system contributions and disbursements, is buying Dombron from Sweden's largest property company Vasakronan
1 min read · 24 January 2013
Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 24 January 2013
London-based Cardano has been appointed to provide asset allocation, management selection and other advisory services for all asset classes
1 min read · 24 January 2013
The proceeds comprise $408m of initial commitments the firm has raised for its Mexican infrastructure fund, which was formally launched today. Macquarie has structured the fund as two separate trusts in order to facilitate the participation of the seven Mexican pensions.
2 min read · 24 January 2013
New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.
3 min read · 21 January 2013
The pension fund of UK local authority, Bath & North East Somerset Council, is taking advantage of the repriced US core real estate debt market via Partners Group.
1 min read · 21 January 2013
Canada Pension Plan Investment Board president David Denison credited ‘the continued strength in the equity markets’ for the increase. Real estate posted essentially flat returns in the three months to the end of September
2 min read · 21 January 2013
