CalPERS date to "explore" commodities
USA - The CalPERS investment committee will meet on September 12 for a "workshop on natural resources and commodities investing", with guest speakers from Goldman Sachs, Barclays Capital, Wilshire and PGGM.
The half-day event, organised by CIO Russell Read, was planned to "assess options for further diversifying the pension fund's portfolio with investments in natural resource products, including those that...
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S&P Indices launches new index
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ING sells LatAm business for €2.7bn
LATIN AMERICA - Dutch firm ING Groep has agreed to sell its Latin America pension and life insurance business for €2.7bn ($4bn) to Colombian firm Grupo de Inversiones Suramericana (GRUPOSURA).
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Puerto Rico credit rating may be cut over pensions
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LatAm assets to hit $1.4trn
LATIN AMERICA - Assets in Latin American pension and mutual funds will hit $1.4trn over the next five years, with Chile emerging as the most attractive market for asset managers, a new report shows.
