Trusted Insighthttp://thetrustedinsight.com/2022-06-20T09:51:58.531721-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
GOP Congressman Takes Aim At Harvard’s Potential Endowment Links To Chinese Companies
2022-06-20T09:51:58.531721-04:00https://www.thetrustedinsight.com/investment-news/gop-congressman-takes-aim-at-harvards-potential-endowment-links-to-chinese-companies-20220620762/
U.S. Representative Gregory F. Murphy (R-N.C.) called on Harvard to disclose and divest its endowment from any potential holdings in Chinese companies deemed a threat to national security by the federal government in a letter to the school last week. Murphy requested a response from the University by June 23.
Is Climate Tech Hottest Corner Of VC Business In The 2020s?
2022-05-20T11:50:57.298756-04:00https://www.thetrustedinsight.com/investment-news/is-climate-tech-hottest-corner-of-vc-business-in-the-2020s-20220520363/
While government policies and leadership from Washington can help accelerate change, there’s another place that can accelerate change much faster: Silicon Valley.
Push To Get UK Pensions Money Into Private Equity Is Flawed
2021-12-07T10:52:00.736313-05:00https://www.thetrustedinsight.com/investment-news/push-to-get-uk-pensions-money-into-private-equity-is-flawed-20211207604/
The UK government seems to want to Build Back Better at any cost. Such is the urgency on this topic that the last reform aiming to get more of savers’ cash into less liquid asset classes like infrastructure and private equity was given all of two months to show results.
How China's Regulatory Crackdown Is The New Normal For Private Equity
2021-11-30T09:56:05.917754-05:00https://www.thetrustedinsight.com/investment-news/how-chinas-regulatory-crackdown-is-the-new-normal-for-private-equity-20211130159/
China’s central government has sent out strong signals that its regulatory crackdown and its pursuit of common prosperity are not passing fads and the changes it makes to the market are here to stay.
VCs Unfazed By Chinese Regulatory Shakeups (So Far)
2021-08-17T11:37:10.736349-04:00https://www.thetrustedinsight.com/investment-news/vcs-unfazed-by-chinese-regulatory-shakeups-so-far-20210817540/
In the wake of the scuttling of Ant Group’s IPO, the Chinese government has gone on a regulatory offensive against a host of technology companies.
What Government Agencies Seeking Innovation Could Learn From VCs
2021-02-05T09:39:38.751019-05:00https://www.thetrustedinsight.com/investment-news/what-government-agencies-seeking-innovation-could-learn-from-vcs-20210205747/
In the spirit of the adage that government could learn a lot from businesses, here are some practices and concepts from the VC ecosystem that differ from those found in government, and which some government agencies might be able to embrace.
Private Equity Could Face A Reckoning As Power Shifts In Congress
2021-01-21T11:22:05.199075-05:00https://www.thetrustedinsight.com/investment-news/private-equity-could-face-a-reckoning-as-power-shifts-in-congress-20210121602/
After years of operating with minimal government intervention, the U.S. private equity industry could face new regulatory scrutiny in 2021 and beyond.
Israel Approves Plan To Draw Institutional Investors To Tech Scene
2020-05-29T13:10:55.170162-04:00https://www.thetrustedinsight.com/investment-news/israel-approves-plan-to-draw-institutional-investors-to-tech-scene-20200529535/
The government has approved a plan to encourage institutional investors to invest in mature tech companies that have already raised tens of millions of shekels in funding.
Private Equity, Lobbying The U.S. For Help, Is Mostly Hearing ‘No’
2020-05-06T13:04:44.994087-04:00https://www.thetrustedinsight.com/investment-news/private-equity-lobbying-the-us-for-help-is-mostly-hearing-no-20200506901/
When the federal government began extending trillions of dollars in aid to companies and investors battered by the pandemic, some of the country’s biggest private equity firms have lobbied hard to shape the stimulus in their favor.
Institutional investors Warn Hedge Funds On Tapping Small-Business Aid
2020-04-23T12:14:15.770125-04:00https://www.thetrustedinsight.com/investment-news/institutional-investors-warn-hedge-funds-on-tapping-small-business-aid-20200423042/
Institutional investors in Pennsylvania and Alaska are taking a dim view of hedge funds and other asset managers seeking to tap emergency U.S. government money designed for struggling small businesses.
VC Thinks There Will Be Billions Of Dollars Of Fraud From SBA’s $350B Loan Program
2020-04-17T12:36:01.775837-04:00https://www.thetrustedinsight.com/investment-news/why-this-vc-thinks-there-will-be-billions-of-dollars-of-fraud-from-sbas-350b-loan-program-20200417654/
Two week ago, the U.S. government rolled out a $350 billion small business loan program as part of a $2 trillion stimulus package aimed at keeping the economy afloat through the coronavirus. But the rollout was frustrating and messy, to say the least.
GPs Bullish As Spanish Private Equity Comes Of Age
2020-01-24T12:18:48.994934-05:00https://www.thetrustedinsight.com/investment-news/gps-bullish-as-spanish-private-equity-comes-of-age-20200124968/
The introduction of new private equity laws in Spain in 2014 and the introduction of government tax measures benefiting private equity funds have given GPs clarity and a solid legal framework to operate in.
World's Best-Run Pension Funds Say It's Time to Start Worrying
2019-10-07T09:54:12.703554-04:00https://www.thetrustedinsight.com/investment-news/worlds-best-run-pension-funds-say-its-time-to-start-worrying-20191007916/
Back in 2012, the world’s best-managed pension market was thrown a lifeline by the Danish government to help contain liabilities. Seven years later, with rates now well below zero, even Denmark’s $440 billion pension system says the environment has become so punishing that it may be time for a change in European rules.
How China Can Spy On Your Electronics, Even In The U.S.
2019-08-13T10:08:51.104286-04:00https://www.thetrustedinsight.com/investment-news/how-china-can-spy-on-your-electronics-even-in-the-us-20190813438/
The U.S. government's top counterintelligence official has a stark warning for visitors to China: The Chinese government can spy on your smartphones, tablets, and computers.
Government Can Help Startups Bridge The 'Valley Of Death'
2019-04-29T23:32:42.940139-04:00https://www.thetrustedinsight.com/investment-news/government-can-help-startups-bridge-the-valley-of-death-20190429297/
Economic incentives offered by U.S. states to attract established companies grab headlines. The pursuit of Amazon by various cities and states, for example, captured the public interest and also created strong sentiments for and against such investment.
4 Ways AI Education, Ethics Will Disrupt Society In 2019
2019-01-28T15:31:05.491144-05:00https://www.thetrustedinsight.com/investment-news/4-ways-ai-education-and-ethics-will-disrupt-society-in-2019-edsurge-news-20190128729/
In 2018, we witnessed a clash of titans as government and tech companies collided on privacy issues around collecting, culling and using personal data.
Chinese VC Firms Put Several Silicon Valley Startups At Risk
2018-12-07T19:16:14.603293-05:00https://www.thetrustedinsight.com/investment-news/chinese-vc-firms-put-several-silicon-valley-startups-at-risk-20181207971/
Danhua Capital has made considerable investments in a couple of Silicon’s Valley’s startups which are deemed highly promising in fields such as artificial intelligence, cybersecurity, and drones. Over 20 Silicon Valley venture capital firms share strong ties and have direct access to either a Chinese-owned entity or funds from the Chinese government.
Twilight Of The Terminal: The Disruption Of Bloomberg L.P.
2018-09-23T20:55:42.177220-04:00https://www.thetrustedinsight.com/investment-news/twilight-of-the-terminal-the-disruption-of-bloomberg-lp-20180923271/
The Bloomberg Terminal's success in the 1980s birthed an empire. Today, that empire is under siege from competitors, government regulations, and the changing nature of finance itself.
Governments Could Join The Cryptocurrency Craze
2018-02-22T15:18:30.555828-05:00https://www.thetrustedinsight.com/investment-news/governments-could-join-the-cryptocurrency-craze-20180222111/
With crypto mania sweeping the world, a handful of countries have stirred at the possibility of issuing their own virtual currencies based on blockchain, the technology behind Bitcoin. Advocates of government-backed cryptocurrencies say that if the movement takes hold, which is by no means assured, it could irrevocably change the international monetary system as we know it.
New York City Wants To Create A Biotech Hub
2018-01-25T16:20:28.976782-05:00https://www.thetrustedinsight.com/investment-news/new-york-city-wants-to-create-a-biotech-hub-20180125782/
<p>New York City is asking: If biotech can make it anywhere, can't it make it here? The city government is asking for proposals on how to use $100 million in funds and city land to create a "life sciences hub" with the goal of making the city competitive with Boston and San Francisco as a place to start biotechnology companies.</p>
China Reportedly Wants To Curtail Wasteful Bitcoin Mining
2018-01-08T09:01:07.527265-05:00https://www.thetrustedinsight.com/investment-news/china-reportedly-wants-to-curtail-wasteful-bitcoin-mining-20180108125/
China is reportedly seeking an "orderly exit" from bitcoin mining, according to a leaked document seen by Quartz. The government is reportedly concerned about pollution and the havoc that could be triggered by investors who lose money investing in mining and cryptocurrency.
Japan's Pension Fund Chikyoren Names New Manager For Overseas Investments
2017-08-24T11:21:00.859965-04:00https://www.thetrustedinsight.com/investment-news/japans-pension-fund-chikyoren-names-new-manager-for-overseas-investments-20170824303/
Japan’s Pension Fund Association for Local Government Officials, also known as Chikyoren, has named Mizuho Global Alternative Investments as its new manager for overseas infrastructure mandate, according to an Asia Asset Management report. This is part of the organisation’s efforts to further diversify its foreign portfolio and boost alternative investments. Mizuho Global Alternative Investments is an alternative investment vehicle of Mizuho Financial Group.
GST – A Bull In China’s Shop – Nitin Mangal's Blog
2017-08-23T00:50:00.175176-04:00https://www.thetrustedinsight.com/investment-news/gst-a-bull-in-chinas-shop-nitin-mangals-blog-20170823137/
Goods and Service Tax (GST), one the biggest indirect tax reform for which India has waited for more than a decade and most of the Indian corporate as well as global conglomerate, Institutional Inves...
State Bans Future Investments In Venezuela's Maduro Regime
2017-08-17T11:02:47.471259-04:00https://www.thetrustedinsight.com/investment-news/state-bans-future-investments-in-venezuelas-maduro-regime-20170817499/
Gov. Rick Scott easily won approval Wednesday for a proposal to bar the state's $150B pension plan from making future investments that directly support the regime of President Nicolas Maduro in Venezuela.
Could Norway’s Sovereign Wealth Fund Become A Major Private Equity Investor?
2017-08-10T16:10:17.363125-04:00https://www.thetrustedinsight.com/investment-news/could-norways-sovereign-wealth-fund-become-a-major-private-equity-investor-20170810433/
Norway's Ministry of Finance has convened a panel of experts to see if Norwayâs Government Pension Fund Global (GPFG) should invest in unlisted companies.
World’s Largest Pension Fund Reports 3.5% Increase In Q1
2017-08-08T10:45:25.737588-04:00https://www.thetrustedinsight.com/investment-news/worlds-largest-pension-fund-reports-35-increase-in-q1-20170808367/
Japan’s Government Pension Investment Fund (GPIF) reported a 3.5% return in the first three months of FY 2017 Friday, increasing its assets by 5.1 trillion yen ($46 billion) to a record 149.2 trillion yen ($1.3 trillion). In the period ended June 30, domestic equities returned 2.3 trillion yen ($20.78 billion) upon the rise of the benchmark Topix index. Foreign equities increased by 1.9 trillion yen ($17.17 billion).
Is Managed Futures The Tyrion Lannister Of The Investing World?
2017-08-02T10:54:35.712299-04:00https://www.thetrustedinsight.com/investment-news/is-managed-futures-the-tyrion-lannister-of-the-investing-world-20170802318/
<p>We all know past performance doesn’t ensure future results. The sting of 2002 and 2008 can still be felt by some investors who suffered through these times without well-diversified portfolios.</p>
<p>Our recent research shows that 1 in 4 advisors find diversification more difficult to obtain in the current environment. Many disagree about which asset class can actually provide true diversification, with some factions trumpeting real estate and other real assets, while others dig in on fusty corporate and government bonds.</p>
Tight Capital Control Slows Chinese Overseas Real Estate
2017-07-31T16:42:51.709065-04:00https://www.thetrustedinsight.com/investment-news/tight-capital-control-slows-chinese-overseas-real-estate-20170731253/
<p>Tighter capital controls and a slowing domestic Chinese economy are making it harder for Chinese to buy property overseas. A recent report by Chinese property search portal Juwai estimated that outbound real estate investment by Chinese companies and individuals would drop by as much as 20% this year to $80 billion, down from $101.4 billion last year.</p>
The UK Wants Smart Homes To Become One With The Energy Grid
2017-07-25T11:26:04.290022-04:00https://www.thetrustedinsight.com/investment-news/the-uk-wants-smart-homes-to-become-one-with-the-energy-grid-20170725190/
The UK government imagines a near future where smart home devices and appliances can help balance the scales of energy supply and demand, as well as save consumers and businesses money. The Department for Business, Energy and Industrial Strategy has...
Britain Launchesfirst Phase Of Energy Storage Investment
2017-07-25T11:21:07.000359-04:00https://www.thetrustedinsight.com/investment-news/britain-launchesfirst-phase-of-energy-storage-investment-20170725189/
Britain launched a £246 million fund on Monday to boost the development and manufacturing of electric batteries, a major growth area for cars and energy. The scheme, which allows those in business and academia to apply for government funds to work on a range of possible electric battery schemes, is part of Britain's industrial strategy which Prime Minister Theresa May published in January.
UK's West Midlands Pensions Chief Drever To Retire
2017-07-25T00:18:28.354496-04:00https://www.thetrustedinsight.com/investment-news/uks-west-midlands-pensions-chief-drever-to-retire-20170725170/
Geik Drever, strategic director of pensions at the UK’s West Midlands Pension Fund (WMPF), is to retire at the end of September, the public sector scheme announced.
China Mocks Kyle Bass... Again
2017-07-19T10:40:57.356948-04:00https://www.thetrustedinsight.com/investment-news/china-mocks-kyle-bass-again-20170719060/
We've talked before about what billionaire hedge fund manager Kyle Bass of Hayman Capital doesn't understand about China. And now we're going to talk about it again, because China's government has once again mocked one of the hedge fund manager's dark proclamations about the country.
Feds unveil plans to target 'unfair' tax advantages reaped by businesses - Article
2017-07-18T12:23:33.731941-04:00https://www.thetrustedinsight.com/investment-news/feds-unveil-plans-to-target-unfair-tax-advantages-reaped-by-businesses-article-20170718054/
Liberal Finance Minister Bill Morneau , The Canadian Press/Nathan Denette OTTAWA - The federal government is proposing several measures to close loopholes for private corporat...
Japan’s Government Pension Investment Fund Posts Highest Gain in Two Years
2017-07-10T14:02:54.316269-04:00https://www.thetrustedinsight.com/investment-news/japans-government-pension-investment-fund-posts-highest-gain-in-two-years-20170710914/
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, posted its best gain in two years Friday. The fund gained $70 billion, or 5.9%, for the year, with gains in its equity portfolio offsetting some losses in bonds.
The Japanese Government's Pension Fund Made A Cool $70B Last Year
2017-07-10T13:45:18.694311-04:00https://www.thetrustedinsight.com/investment-news/the-japanese-governments-pension-fund-made-a-cool-70b-last-year-20170710912/
The world's biggest pension fund is now 7.9 trillion yen richer ($70 billion) richer. Japan's Government Pension Investment Fund earned a 5.9 percent return for the one-year period ended March 31, Bloomberg reported. read more
World's Biggest Pension Fund In Best Showing In 2 Years
2017-07-10T11:48:19.517612-04:00https://www.thetrustedinsight.com/investment-news/worlds-biggest-pension-fund-in-best-showing-in-2-years-20170710908/
July 08, 2017 5:00 AMTOKYO ⢠The world's biggest pension fund posted its best annual gain in two years, as Japanese and overseas stocks rose while government bonds slid.
Insider Selling: BlackRock Ltd. Duration Income Trust (BLW) Major Shareholder Sells 1,004 Shares of Stock
2017-07-10T10:25:58.455182-04:00https://www.thetrustedinsight.com/investment-news/insider-selling-blackrock-ltd-duration-income-trust-blw-major-shareholder-sells-1004-shares-of-stock-20170710884/
The firm also recently declared a monthly dividend, which will be paid on Monday, July 31st. Investors of record on Friday, July 14th will be paid a $0.079 dividend. The ex-dividend date of this divi...
As Elites Switch to Texting, Watchdogs Fear Loss of Transparency - The New York Times
2017-07-07T16:38:07.965270-04:00https://www.thetrustedinsight.com/investment-news/as-elites-switch-to-texting-watchdogs-fear-loss-of-transparency-the-new-york-times-20170707876/
In a bygone analog era, lawmakers and corporate chiefs traveled great distances to swap secrets, to the smoke-filled back rooms of the World Economic Forum in Davos, Switzerland, or the watering hole...
Chinese Pension Inflows Surge
2017-07-06T12:46:59.756761-04:00https://www.thetrustedinsight.com/investment-news/chinese-pension-inflows-surge-20170706868/
For the first five months of the year, 1.58 trillion yuan (US$232.4 billion) flowed into pension funds in China, a nearly 24% surge from the same period last year, according to China’s Ministry of Hu...
World’s Largest Pension Fund Selects New FTSE Russell ESG Index
2017-07-06T12:11:04.467824-04:00https://www.thetrustedinsight.com/investment-news/worlds-largest-pension-fund-selects-new-ftse-russell-esg-index-20170706861/
FTSE Russell launches new FTSE Blossom Japan Index The Government Pension Investment Fund (GPIF) of Japan selects FTSE Blossom Japan Index FTSE Russell collaborating with GPIF to promote stewardship and high standards of corporate ESG performance and disclosure Growing trend among asset owners to integrate ESG considerations into passive investment strategies
The Biggest Cybersecurity Disasters of 2017 So Far
2017-07-04T18:51:35.244320-04:00https://www.thetrustedinsight.com/investment-news/the-biggest-cybersecurity-disasters-of-2017-so-far-20170704797/
A woman sits backdropped by a real time cyber attacks world map, at the headquarters of Bitdefender in Bucharest, Romania, Wednesday, June 28, 2017. A new, highly virulent strain of malicious ransom ...
Japan Pension Fund GPIF Allocates $8.9B To Ethical Investments
2017-07-03T10:55:12.370461-04:00https://www.thetrustedinsight.com/investment-news/japan-pension-fund-gpif-allocates-89b-to-ethical-investments-20170703792/
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, said it has allocated 1 trillion yen ($8.9 billion) of funds to socially responsible investments.
Canadian Mining Firm Demands $4.4B From Romania Over Massive Gold Mine
2017-06-30T12:31:04.199585-04:00https://www.thetrustedinsight.com/investment-news/canadian-mining-firm-demands-44b-from-romania-over-massive-gold-mine-20170630771/
An embattled Canadian mining company said Thursday it will go after the Romanian government for blocking its attempts to develop a massive gold mine that could bring in billions of dollars.Gabriel Resources is seeking $4.
CalPERS Just Lost A Lawsuit At The U.S. Supreme Court
2017-06-29T11:15:02.203074-04:00https://www.thetrustedinsight.com/investment-news/calpers-just-lost-a-lawsuit-at-the-us-supreme-court-20170629709/
CalPERS lost a big case at the U.S. Supreme Court this week. The decision will cost California government retirees around $300 million. The court voted 5-4 to dismiss a lawsuit...
Norway SWF Should Be Spun Off From Central Bank, Commission Says
2017-06-29T11:12:32.684976-04:00https://www.thetrustedinsight.com/investment-news/norway-swf-should-be-spun-off-from-central-bank-commission-says-20170629707/
<p>Norway’s NOK8.1trn (€855bn) oil fund should be managed separately from the country’s central bank now that it has grown so big, a government commission has proposed.</p>
<p>The Ministry of Finance announced last week that a commission set up to review Norges Bank and the Norwegian monetary system had recommended that the oil fund be managed by a separate statutory entity.</p>
Queensland Government Fund Denies Planning To Fund Galilee Coal Mines
2017-06-27T15:07:15.151163-04:00https://www.thetrustedinsight.com/investment-news/queensland-government-fund-denies-planning-to-fund-galilee-coal-mines-20170627644/
A Queensland Government investment vehicle has been in talks about investing in the Galilee Basin coal mining region, raising speculation it may help bankroll infrastructure for the controversial Adani mine.
Quebec's Economy Benefits From Canada's Oil Sands: Study
2017-06-27T15:05:14.243374-04:00https://www.thetrustedinsight.com/investment-news/quebecs-economy-benefits-from-canadas-oil-sands-study-20170627642/
Economic analysis shows that Canada's oil sands generate significant economic benefits for Quebecers, including 16,200 jobs, $1.25 billion in GDP and $215 million in government revenues.
UK Government Divestment Rules 'Unlawful', Court Rules
2017-06-27T10:23:09.845294-04:00https://www.thetrustedinsight.com/investment-news/uk-government-divestment-rules-unlawful-court-rules-20170627630/
<p>The UK government’s power to keep local authority pension investments in line with national foreign and defence policy has been quashed.</p>
<p>A High Court judge ruled last week that the guidance, announced only last year, had been used unlawfully.</p>
FBI Investigating Trump Manager Real Estate Deals Amid Ponzi Scheme
2017-06-26T14:56:42.235548-04:00https://www.thetrustedinsight.com/investment-news/fbi-investigating-trump-manager-real-estate-deals-amid-ponzi-scheme-20170626625/
The FBI is investigating real estate deals involving former Trump campaign manager Paul Manafort and his son-in-law, who has been accused of running a Ponzi scheme.
Quebec Government To Invest $1.5B In Clean Energy
2017-06-26T11:04:19.377587-04:00https://www.thetrustedinsight.com/investment-news/couillard-govt-to-invest-15b-in-clean-energy-20170626599/
Quebec's provincial government is set to invest $1.5 billion within three years in programs that encourage clean energy and reduce dependance on oil.
Thailand State Pension Fund Sees Strong Upside In Local Stocks
2017-06-26T11:02:39.571304-04:00https://www.thetrustedinsight.com/investment-news/thailand-state-pension-fund-sees-strong-upside-in-local-stocks-20170626598/
The Government Pension Fund (GPF) will give more weight to Thai shares in the second half, citing ramped up big-ticket infrastructure investment and the high price of foreign equities.
We Are Consciously Investing In Infrastructure To Make Akwa Ibom Investors’ Haven
2017-06-22T16:16:04.448333-04:00https://www.thetrustedinsight.com/investment-news/we-are-consciously-investing-in-infrastructure-to-make-akwa-ibom-investors-haven-20170622559/
Governor Udom Emmanuel of Akwa Ibom State recently presented his midterm report as it were when he marked his second anniversary. Charles Udoh, commissioner for information and strategy in this interview with JOHN OSADOLOR and ANIEFIOK UDONQUAK gives a highlight of the major achievements of the state government in the last two years. Excerpts. What [âŚ]
Canadian Feds Scrutinize Real Estate Deals For Tax Compliance
2017-06-21T13:19:59.644341-04:00https://www.thetrustedinsight.com/investment-news/feds-scrutinize-real-estate-deals-for-tax-compliance-20170621505/
The federal government is stepping up its scrutiny of real estate deals in a crackdown on tax cheating, according to the Canada Revenue Agency. The enhanced enforcement is focused on the Greater Toronto and Greater Vancouver real estate markets, where speculative activity appeared to be on the rise.
Berkowitz Says Fannie-Freddie Legal Fight May Go Five More Years
2017-06-19T18:31:03.877802-04:00https://www.thetrustedinsight.com/investment-news/berkowitz-says-fannie-freddie-legal-fight-may-go-five-more-years-20170619438/
Bruce Berkowitz, Fairholme Capital Management founder and chief investment officer, discusses the legal strategy and timing of his battle with the U.S. government over Fannie Mae and Freddie Mac's profits. He speaks during an interview with Bloomberg's Erik Schatzker. (Source: Bloomberg) Five more years? That’s how long fund manager Bruce Berkowitz says it may take to resolve his legal battle with the U.S. government over Fannie Mae and Freddie Mac’s billions in profits. “From beginning to end, it could be a 10-year process,” Berkowitz, whose Fairholme Fund holds one of the largest stakes in the mortgage-finance giants, said in a...
Trump To Meet With Chiefs On Government Overhaul
2017-06-19T11:05:00.999787-04:00https://www.thetrustedinsight.com/investment-news/trump-to-meet-with-vc-backed-chiefs-on-government-overhaul-20170619406/
President Donald Trump will meet with the chief executives of tech companies including Apple Inc and Amazon.com Inc as the White House looks to the private sector for help in cutting government waste and improving services.
Swiss State Pension Fund Stops Investing In Arms Firms
2017-06-15T11:06:24.727574-04:00https://www.thetrustedinsight.com/investment-news/swiss-state-pension-fund-stops-investing-in-arms-firms-20170615349/
The leading Swiss state pension fund, Publica, has announced that it plans to disinvest from five weapons companies. This follows a national campaign by a responsible investment pension group to blacklist 15 international arms firms.
Institutional Investors, Proxies Rally Against EpiPen Board
2017-06-15T11:05:29.718093-04:00https://www.thetrustedinsight.com/investment-news/institutional-investors-proxies-rally-against-epipen-board-20170615348/
Backed by proxy firms Glass Lewis and Institutional Shareholder Services (ISS), New York City Pension Funds and a group of institutional investors told EpiPen maker Mylan’s shareholders Monday to air their grievances —in paper form— with the allergy treatment company’s board of directors and its chairman’s pay at Mylan’s June 22 shareholder meeting.
Uganda To Finalize Oil Exploration Deal With Nigerian Firm
2017-06-14T14:51:04.733279-04:00https://www.thetrustedinsight.com/investment-news/uganda-to-finalize-oil-exploration-deal-with-nigerian-firm-20170614337/
Uganda is set to sign 2 oil production sharing agreements with a Nigerian firm, enabling the company to begin exploration work, the government says.
Chicago Teachers’ Pension Fund: Nearly $200 in Payouts for Every $1 Earnings
2017-06-13T12:32:44.614283-04:00https://www.thetrustedinsight.com/investment-news/chicago-teachers-pension-fund-nearly-200-in-payouts-for-every-1-earnings-20170613295/
In 2016, Chicago Teachers’ Pension Fund (CTPF) paid out $1.5 billion in benefits while earning only $7.8 million on investments. Yes, the fund disbursed nearly $200 in benefits for every $1 in invest...
A Risk Worth Taking To Cut CalPERS' Pension Liabilities
2017-06-13T12:31:58.045686-04:00https://www.thetrustedinsight.com/investment-news/a-risk-worth-taking-to-cut-calpers-pension-liabilities-20170613294/
One of the major challenges facing the California Public Employees Retirement System, which handles retirement benefits for the state and more than 3,000 local agencies, is that its $324-billion pens...
Pension Funds in Illinois, NY Back Out of Hedge Funds
2017-06-13T12:31:02.523887-04:00https://www.thetrustedinsight.com/investment-news/pension-funds-in-illinois-ny-back-out-of-hedge-funds-20170613293/
The hedge fund industry has suffered another significant blow, as pension funds in both Illinois and New York report that they are trimming their investments in the area. The Illinois State Board of ...
Public Sector Investors Favor Real Estate, Renewables
2017-06-12T16:09:32.710985-04:00https://www.thetrustedinsight.com/investment-news/public-sector-investors-favor-real-estate-renewables-20170612250/
<p>Public sector investors plan to raise exposure to real estate, infrastructure, green bonds and renewables over the coming year, while cutting holdings of low-yielding government bonds, an annual survey showed on Monday.</p>
A Notorious Activist Investor Explains Why He Came To Love That Label
2017-06-08T16:32:50.512817-04:00https://www.thetrustedinsight.com/investment-news/a-notorious-activist-investor-explains-why-he-came-to-love-that-label-20170608204/
Billionaire Paul Singer, founder of hedge fund Elliott Management, is a polarizing figure. As an activist investor — who tries to shake up boardrooms or challenge corporate leadership — he is admired by many investors but demonized by those he targets for his contentious fights. A 15-year battle with the government of Argentina earned him the label of a vulture, and the CEO of a company his fund targeted recently sent a letter to Singer with veiled threats.
QIA Disagreed With WSJ Story On Rosneft Buyback
2017-06-08T14:43:43.578942-04:00https://www.thetrustedinsight.com/investment-news/qia-disagreed-with-wsj-story-on-rosneft-buyback-20170608194/
The Qatar Investment Authority (QIA) issued a response to a recent Wall Street Journal (WSJ) story over the 19.5% stake sale of Rosneft to Glencore and the QIA that included an agreement for the Russian government or state entity to buy back shares.
Louisiana Pension Influence Growing
2017-06-06T11:42:14.524244-04:00https://www.thetrustedinsight.com/investment-news/louisiana-pension-influence-growing-20170606122/
Louisiana’s state pension systems are vital to working families and retirees across the state, serving as key economic drivers, particularly in rural areas, where public pension benefits are a substa...
Denmark's Private Pension Overhaul Criticized By Industry
2017-06-06T11:41:38.039411-04:00https://www.thetrustedinsight.com/investment-news/denmarks-private-pension-overhaul-criticized-by-industry-20170606121/
The global economy could continue to surprise on the upside but the impact on the medium-term path of equity prices would be weaker...
Blackstone, Paulson Back New Proposal For Fannie, Freddie Privatization
2017-06-02T13:34:25.537842-04:00https://www.thetrustedinsight.com/investment-news/blackstone-paulson-back-new-proposal-for-fannie-freddie-privatization-20170602052/
An investor group including hedge fund Paulson & Co. and the Blackstone Group wants to turn Fannie Mae and Freddie Mac back into private companies without having to pass any new laws. The two firms paid for a proposal by investment bank Moelis & Co. that would allow the two mortgage insurers to create between $155 billion and $180 billion in capital reserves before the government sells of its stakes to private bidders. The proposal [âŚ]
Gabonese Man Linked To Och-Ziff Bribe Scheme Sentenced To Two Years
2017-06-01T14:17:54.609979-04:00https://www.thetrustedinsight.com/investment-news/gabonese-man-linked-to-och-ziff-bribe-scheme-sentenced-to-two-years-20170601023/
A Gabonese man who prosecutors say acted as a "fixer" helping a joint venture involving the hedge fund Och-Ziff Capital Management Group LLC bribe government officials in African countries was sentenced to two years in prison on Wednesday.
India's April Infrastructure Output Growth Slows Down To 2.5 Percent
2017-05-31T14:51:05.855326-04:00https://www.thetrustedinsight.com/investment-news/indias-april-infrastructure-output-growth-slows-down-to-25-percent-20170531004/
NEW DELHI (Reuters) - India's annual infrastructure output growth slowed to a three-month low of 2.5 percent in April, mainly dragged down by a slowdown in refinery output and a contraction in coal production, government data showed on Wednesday.
Leon Cooperman: SEC Insider Trading Case Was 'Extraordinarily Abusive'
2017-05-30T17:35:04.565364-04:00https://www.thetrustedinsight.com/investment-news/leon-cooperman-sec-insider-trading-case-was-extraordinarily-abusive-20170530968/
Fresh off a settlement with government regulators regarding insider trading charges, hedge fund titan Leon Cooperman said he would have won the case but chose to settle instead.
N.J. Public Pension Fund Investments Are Having A Good Year
2017-05-30T11:18:12.599913-04:00https://www.thetrustedinsight.com/investment-news/nj-public-pension-fund-investments-are-having-a-good-year-20170530944/
About 760,000 active and retired government workers are enrolled in the fund, which posted a market value of $73.6 billion at the end of April, up from $72.9 billion at the end of March....
Uganda Oil Firms Plan To Raise U.S.$3.5B For Pipeline
2017-05-30T10:36:05.561219-04:00https://www.thetrustedinsight.com/investment-news/uganda-oil-firms-plan-to-raise-us35b-for-pipeline-20170530924/
Just days after signing with the Tanzanian government a landmark agreement for construction of the Hoima-to-Tanga oil pipeline, Ugandan officials are scratching their heads on how to raise the country's chunk to the $3.5b (approx.Shs12trillion) kitty required for the capital development.
Toro Finserve launches India’s first Healthcare Real Estate Fund of $500M
2017-05-29T08:39:19.772871-04:00https://www.thetrustedinsight.com/investment-news/toro-finserv-llp-launches-indias-first-healthcare-real-estate-fund-of-500m-20170529902/
Kapil Khandelwal, an investor, has launched India Healthcare Opportunities Fund (IHOP) as SEBI Alternative Investment Fund under Category 2. The total corpus of the fund is at $500 million. The corpu...
Japan Committed To Push Infrastructure Exports
2017-05-26T14:47:17.167632-04:00https://www.thetrustedinsight.com/investment-news/japan-committed-to-push-infrastructure-exports-20170526891/
<p>Japan's government is working to wrap up a revised strategy for promoting infrastructure exports. The focus is on comprehensive support for urban development projects -- from initial planning to regulatory development to fundraising.</p>
DC Capital Partners Hits $450M Hard Cap With First Institutional PE Fund
2017-05-26T14:40:57.205223-04:00https://www.thetrustedinsight.com/investment-news/dc-capital-partners-hits-450m-hard-cap-with-first-institutional-pe-fund-20170526882/
DC Capital Partners Management has raised $450 million in capital commitments for its first institutionally backed private equity fund and its second vehicle overall. The new fund, named DC Capital Partners Fund II, closed at its hard cap, the company said. It will make control, private equity-only investments in U.S. middle market companies in the government services and engineering & construction services businesses.
Deerfield Partners Snared In Probe Of Leaking Consultants
2017-05-25T15:24:22.797449-04:00https://www.thetrustedinsight.com/investment-news/deerfield-partners-snared-in-probe-of-leaking-consultants-20170525853/
A wide-ranging U.S. probe into under-the-radar information links between Washington and Wall Street snared three hedge fund executives, a D.C. consultant and a government employee, who are accused of profiting off inside information about changes in health-care regulations. The prosecution takes aim at the political intelligence industry in Washington, in which consultants -- often former government employees themselves -- nurture ex-colleagues for information about potentially market-moving decisions, and relay that to hedge fund traders and others in exchange for lucrative consulting fees. That’s what prosecutors in Manhattan accused three partners at Deerfield Management, a Centers for Medicare and Medicaid Services...
Government Cuts Return Target For Future Fund
2017-05-25T10:52:19.198028-04:00https://www.thetrustedinsight.com/investment-news/government-cuts-return-target-for-future-fund-20170525836/
The government has lowered the Future Fund's investment return target by 0.5 percentage points, citing difficult global market conditions.
Zimbabwe: Mining To Generate U.S.$3B This Year
2017-05-22T18:46:04.838981-04:00https://www.thetrustedinsight.com/investment-news/zimbabwe-mining-to-generate-us3b-this-year-20170522780/
[The Herald] GOVERNMENT is estimating mining will generate $3 billion revenue this year driven by growth in chrome, which is expected to contribute about $500 million.
Adani Defers Carmichael Coal Mine Investment Decision
2017-05-22T17:56:03.689297-04:00https://www.thetrustedinsight.com/investment-news/adani-defers-carmichael-coal-mine-investment-decision-20170522766/
Adani wanted the Queensland government to delay the start of royalty obligations on the coal mine it hopes to build in Queensland's Galilee Basin, media reports said.
Government Pensions Leave Retirees, Taxpayers In A Bind
2017-05-22T16:38:58.838631-04:00https://www.thetrustedinsight.com/investment-news/government-pensions-leave-retirees-taxpayers-in-a-bind-20170522744/
Underfunded pensions, mainly for government employees, are a disaster waiting to happen, and the concern about underfunded pensions is rising daily as the number of newspaper articles on the topic increases. While most corporate employers shifted from pension plans to 401(k) plans after the early 1980s, governments still offer pensions to employees.
CPPIB Says It's Losing Out On Infrastructure Deals
2017-05-19T16:49:06.182407-04:00https://www.thetrustedinsight.com/investment-news/cppib-says-its-losing-out-on-infrastructure-deals-20170519716/
Canada Pension Plan Investment Board (CPPIB), one of the world’s biggest infrastructure investors, is regularly losing out in bidding wars for such assets, its chief executive said, as investors seek alternatives to low-yielding government bonds. CPPIB is one of the world’s biggest investors in infrastructure such as roads, bridges and tunnels but its CEO Mark Machin said high valuations were making it harder to do deals in the current environment. “We are consistently outbid for assets around the world because they are really priced almost to perfection and there’s an enormous amount of capital chasing infrastructure, particularly in developed markets,”...
Offshore Wind Market Worth 55.11B By 2022
2017-05-19T15:24:21.666975-04:00https://www.thetrustedinsight.com/investment-news/offshore-wind-market-worth-5511b-by-2022-20170519702/
<p>The global market is witnessing a significant growth due to rising energy demand coupled with increasing share of renewables in the power generation mix, energy efficiency mandates demanding carbon emission reduction, and government incentives supporting renewable energy deployment.</p>
<p>Among the three water depth location for offshore wind turbines, shallow water is expected to hold the largest share during the forecast period. The development of shallow water is generally cost effective due to better weather conditions, whereas, installing wind turbines in deep water becomes expensive due to high maintenance cost. However, offshore wind turbines are getting installed in all three water locations depending on the region, turbine capacity, and wind speed. Shallow water condition mostly prevails in the European countries due to favorable weather conditions. The major players that provide turbines which can be installed in shallow water includes Siemens AG (<span class="xn-location">Germany</span>) and MHI Vestas (<span class="xn-location">Denmark</span>) among others.</p>
Chinese Real Estate Firm Risesun To Invest $82M In Czech Entertainment Complex
2017-05-19T15:01:06.235142-04:00https://www.thetrustedinsight.com/investment-news/chinese-real-estate-firm-risesun-to-invest-82m-in-czech-entertainment-complex-20170519697/
Hebei province-based Risesun Real Estate Development Co. has signed an agreement with the government of the South Moravian region of ⌠Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Long / Short Hedge Funds Are Big Winners In April 2017
2017-05-19T12:06:05.857300-04:00https://www.thetrustedinsight.com/investment-news/long-short-hedge-funds-are-big-winners-in-april-2017-20170519686/
Long / Short Hedge Funds had a particularly strong month in April, a Morgan Stanley Prime Brokerage report noted. While analysts have fretted over China and efforts to reduce government and corporate leverage, long exposure significantly benefited fund managers. Other major stock market trends can be seen in hedge fund positioning, including the retail apocalypse trade playing itself out. On a global basis, European hedge funds generally had the best returns in April, with the average hedge fund in the Prime Brokerage survey delivering 1.62% performance, with the region’s Long / Short funds bringing up the average with 1.97% performance....
Why Family Offices Invest In Household Debt
2017-05-18T16:02:47.952048-04:00https://www.thetrustedinsight.com/investment-news/why-family-offices-invest-in-household-debt-20170518645/
Bond investors typically own a combination of government and corporate debt instruments. Family offices understand there can be a third option - private debt - such as mortgage-backed securities. As governments and corporations have increased their debt levels this option is increasingly attractive.
U.S. Hedge Funds Took Profits Out Of Brazil In The First Quarter
2017-05-18T15:56:04.531924-04:00https://www.thetrustedinsight.com/investment-news/us-hedge-funds-took-profits-out-of-brazil-in-the-first-quarter-20170518638/
U.S. hedge funds reduced equity holdings tied to Brazil by about a net total of $800 million from the start of the year to end of March, according to data compiled by Bloomberg. The profit taking came after a 69 percent surge in Brazil’s benchmark stock index last year. The pullback from Brazil seemed well timed Thursday, as the Ibovespa gauge plunged 16 percent in dollar terms amid a rout in the country’s assets as a political crisis enveloped President Michel Temer and threatened to derail his push to shore up government finances. Oil producer Petroleo Brasileiro SA and lender Banco do...
Local Government Pension Funds ‘confident’ Over MiFID II Outcome
2017-05-17T16:24:21.604820-04:00https://www.thetrustedinsight.com/investment-news/local-government-pension-funds-confident-over-mifid-ii-outcome-20170517620/
UK public pension funds expected to avoid issues over investor status
UK Public Pensions Launch Investment Cost Transparency Drive
2017-05-17T15:29:22.976580-04:00https://www.thetrustedinsight.com/investment-news/uk-public-pensions-launch-investment-cost-transparency-drive-20170517613/
<p>The UK’s local government pension scheme (LGPS) has launched a cost transparency code for asset managers.</p>
<p>The £217bn (€253bn) system – which includes 89 pension funds for local authorities in England and Wales – announced the code at a Pensions and Lifetime Savings Association (PLSA) conference today.</p>
China's Norinco And Saudi Aramco Line Up $10B Refinery Plan
2017-05-17T15:27:25.765167-04:00https://www.thetrustedinsight.com/investment-news/chinas-norinco-and-saudi-aramco-line-up-10b-refinery-plan-20170517612/
Chinese defence conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco to build a refinery and chemicals complex in northeast China, industry and government officials said on Tuesday.
Chinalco Wants To Be Sole Owner Of World’s Largest Iron Ore Deposit
2017-05-16T11:11:04.037676-04:00https://www.thetrustedinsight.com/investment-news/chinalco-wants-to-be-sole-owner-of-worlds-largest-iron-ore-deposit-20170516551/
By analyst By Cecilia Jamasmie Aluminum Corp. of China, better known as Chinalco, is said to have approached the Guinean government with a proposal to take over the entire Simandou iron ore project, the world’s largest untapped resource of the steelmaking ingredient. The moves comes about seven months after Rio Tinto (ASX, LON:RIO) agreed to sell to the Chinese company its 46.6% stake in the giant project for up to $1.3bn. The deal gave Chinalco almost 80% of the project, with the Guinean government holding the rest. While the requested parts of the project belong to Guinea, they are at...
Chinese Firms Pledge To Invest Billions In New Tech
2017-05-16T10:24:08.722532-04:00https://www.thetrustedinsight.com/investment-news/chinese-firms-pledge-to-invest-billions-in-new-tech-20170516538/
China Aerospace Science and Technology Corporation (CASC) and other government owned firms have put 150 billion yuan ($21.78 billion) to fund new technologies, according to Xinhua. It would be invested in "emerging strategic industries" such as 3D printing, aerospace, clean energy, high-speed rail, quantum communication and robotics.
Behind Hawaii's Push To Be A Startup Paradise
2017-05-15T08:55:16.789558-04:00https://www.thetrustedinsight.com/investment-news/behind-hawaiis-push-to-be-a-startup-paradise-20170515485/
<p>In the San Francisco Bay Area you Silicon Valley, Nebraska you have Silicon Prairie, then there’s Silicon Alley in New York City, Silicon Roundabout in London, and Silicon Beach in Venice, California. Among these is one of the most isolated states, geographically speakin, Hawaii. Working with the local community, the government has been pursuing efforts to establish a tech hub that is being dubbed Startup Paradise. Here's how. </p>
Hedge Funds Face Criminal Probe Over Bond Valuations
2017-05-12T14:16:05.535602-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-face-criminal-probe-over-bond-valuations-20170512448/
US prosecutors are investigating one of Wall Street's darkest markets, focusing on hedge funds suspected of inflating the value of debt securities in their portfolios to juice the fees they collect. Having prosecuted traders who lied to customers about bond prices, the government is now scrutinising hedge funds that allegedly solicited bogus price quotes from brokers, according to three people familiar with the matter who asked not to be identified. Such a practice would have enabled the funds to pump up the value of illiquid securities on their books. The incentive to manipulate valuations has become more pronounced as investors have abandoned...
When Toiling in Obscurity Leads to Greatness
2017-05-11T11:16:53.999036-04:00https://www.thetrustedinsight.com/investment-news/when-toiling-in-obscurity-leads-to-greatness-1-20170511408/
In its simplest form, a lack of information, for whatever reason, creates inefficiencies and anomalies in every facet of mankind.
None more so than in that magnificent beast we call the market…
Take present conditions for example:
Every Monday morning I compile a list of Bullish and Bearish Indicators for our Partners meeting.
At the beginning of May it looked something like this:
How Modi's Fixing India’s $262B Stalled Infrastructure Projects
2017-05-11T11:03:36.034565-04:00https://www.thetrustedinsight.com/investment-news/modis-diktat-paying-off-indias-stalled-infrastructure-projects-worth-262b-on-a-roll-20170511400/
Prime Minister Narendra Modi’s efforts to push delayed infrastructure projects are paying off. About a quarter of 1,201 projects valued at 16.9 trillion rupees ($262 billion) were delayed as of January, down from 43 percent two years back, according to a government report seen by Bloomberg News. Cost overruns have also come down to 11 percent from 20 percent from March 2015. Of the total projects — each worth at least 1.5 billion rupees — 329 are running behind schedule, 293 have cost overruns, while 95 have both time and cost overrun compared to their original implementation schedules.
Quebec Says Bombardier Must Listen To Pension Fund Concerns On Governance
2017-05-10T15:29:19.655827-04:00https://www.thetrustedinsight.com/investment-news/quebec-says-bombardier-must-listen-to-pension-fund-concerns-on-governance-20170510383/
Bombardier Inc faced fresh pension fund opposition to the re-election of its executive chairman and the Quebec government said the plane and train maker should listen to the growing number of institutional shareholders citing governance concerns.
Verde Hedge Fund Warns Brazil Pension Bill Could Be Further Weakened
2017-05-10T11:56:04.116494-04:00https://www.thetrustedinsight.com/investment-news/verde-hedge-fund-warns-brazil-pension-bill-could-be-further-weakened-20170510373/
SAO PAULO May 8 Verde Asset Management SA, Brazil's largest hedge fund, sees lingering risks that Brazilian lawmakers will further water down government efforts to streamline the social security system, a move that could hamper austerity efforts in Latin America's largest economy. Investors have been "complacent" with the negotiations as
Chinese Property Buyers Lead Foreign Investors In Australia
2017-05-09T16:56:04.450136-04:00https://www.thetrustedinsight.com/investment-news/chinese-property-buyers-lead-foreign-investors-in-australia-20170509360/
May 09, 2017 4:40 PMSYDNEY (REUTERS) - Australia approved foreign investments worth almost a third more in fiscal 2016 than the previous year, as more Chinese buyers piled into the already red-hot residential property market, government data published on Tuesday showed.
The Turnbull Government Wants To Invest $75B In Infrastructure, Including A Melbourne To Brisbane Rail Line
2017-05-09T10:56:04.458511-04:00https://www.thetrustedinsight.com/investment-news/the-turnbull-government-wants-to-invest-75b-in-infrastructure-including-a-melbourne-to-brisbane-rail-line-20170509306/
The budget unveiled an ambitious transport-driven national infrastructure plan with $75 billion in funding and financing over the next 10 years. The projects include the new Western Sydney airport, which will start in 2018, and the “nation building” Melbourne to Brisbane Inland Rail project.
How Pension Funds Can Help Relieve Kenya’s Debt Burden
2017-05-04T11:51:06.928882-04:00https://www.thetrustedinsight.com/investment-news/how-pension-funds-can-help-relieve-kenyas-debt-burden-20170504165/
Kenya's heavy debt burden could be managed without hurting ongoing execution of the mega infrastructure projects if the government taps into the multi-billion shilling pension funds.