Word: pensionable
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...part of it too, albeit indirectly. Pension funds, foundations and endowments--cautious money--flooded into hedge funds after stocks tanked following the late-'90s boom. The institutions were seeking an edge. They didn't get much of one for long: the industry's last year of 20%-plus returns was 2003, according to Hedge Fund Research, and since then funds have on average returned an unflashy 9% a year, partly because the torrent of new money makes markets more efficient...
...only glum faces in the art world belong to museum directors, who because of a new tax law may have a harder time obtaining these treasures. Tucked into the Pension Protection Act, which President Bush signed into law in August, the law imposes stricter limits on the popularly used method by which art collectors donate their works to museums. In the past, collectors would often hand over partial ownership of a painting--usually from 10% to 20%--and take a tax deduction for an equivalent percentage of the appraised value. The write-off on subsequent donations could rise each time...
Such was last year’s divestment campaign led by Harvard’s Darfur Action Group. Then, thousands of man hours were spent convincing universities and pension plan managers to withdraw their investments from Chinese oil companies doing blood-stained business in Darfur...
...losing in the power struggles. Such augury has been on the rise since last month's announcement that Shanghai's Communist Party Secretary Chen Liangyu - a prot?g? of Jiang - had been dismissed from his post for allegedly misusing hundreds of millions of dollars from the city's pension fund. Chen's removal and the detentions that have, in its wake, ensnared other power-brokers believed to be allies of Jiang, have fueled theories that that President Hu and his predecessor are engaged in a factional power struggle. Thus when Jiang and Hu appeared together last weekend to celebrate the 70th...
...twice the amount invested in the first half of 2005, according to the CleanTech Venture Network, an industry-watcher. In May, NASDAQ launched its Clean Edge U.S. Index to follow 47 publicly traded clean-energy stocks. Institutional investors are finally catching on, too. Investment banks, hedge funds and state pension funds like CalPERS (the California Public Employees' Retirement System), which has put $700 million toward renewable energy technologies, have helped make clean energy tech's fastest-growing sector...