GLOBAL - BP has delayed a final investment decision on its controversial Sunrise tar sands project until ‘early next year'.
GLOBAL - BP's disclosure on the financial, environmental and human rights risks of its controversial Canadian tar sands project remains insufficient, an investor coalition said.
GLOBAL - Pension funds are among the investors affected by a board decision to hive off 16% of the assets in Martin Currie's China A Share fund on concerns about Chinese tax liabilities.
GLOBAL - BlueCrest Capital Management has moved its group head office to Guernsey and opened a Geneva trading centre in a further sign of hedge funds opening operations outside London, whose attraction as a financial centre is fading.
GLOBAL - Top US and Australian pension funds are supporting a resolution filed by a group of investors from all over the world asking British Petroleum (BP) to disclose information on oil sand projects.
GLOBAL - Institutional investors including pension funds are fighting back against being unexpectedly locked into their hedge fund investments, according to a global survey of them by Credit Suisse.
GLOBAL - The global private equity industry raised US$50.4bn in the first quarter of 2010, representing a 5% improvement from the last quarter of 2009, the latest report by Preqin revealed.
Check out the Global Pensions Awards 2010 Supplement, which complements this month's edition of the magazine. See photos of the ceremony held at the Grosvenor House Hotel in London on March 2, and read exclusive interviews with the winners.
GLOBAL - Short selling activity by hedge funds has rotated out of equities, as a rally in lower quality companies over the past year has come to an end, and into corporate bonds as spreads have tightened.