Tag Archives: pension plan


Barclays investors seal BGI deal

August 7, 2009 : Permalink

The New York Times – Barclays shareholders overwhelmingly approved the bank’s sale of asset manager Barclays Global Investors to BlackRock for about $14 billion (8.3 billion pounds) on Thursday, but staff staged a protest against pension changes.Barclays chairman Marcus Agius […]

Massachusetts Cuts Hedge Funds After Pension Loss

August 6, 2009 : Permalink

Bloomberg – Massachusetts will cut investments in hedge funds after its public pension plan lost a record 24 percent on all assets in the fiscal year ended June 30. The state pension plan’s board of trustees voted today to lower […]

Nappier Eyes Hedge Fund Bets

December 22, 2008 : Permalink

Hartford Business – State Treasurer Denise L. Nappier said she plans to approve rule changes by January allowing her to allocate up to 8 percent of the state’s $20 billion pension fund in nontraditional investments such as hedge funds. The […]