Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pension Funds are Miffed by Speculator Tag Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 19, 2008

Pension Funds are Miffed by Speculator Tag

by: Armie Margaret Lee

Are pension funds index speculators? In Thursday's Wall Street Journal Fund Track column, Ian Salisbury writes about the debate spurred by the rise in commodity prices. On Wednesday, two senators unveiled three proposals to restrain "excessive speculation" which they say is bidding up prices of commodities. At a Senate testimony last month, a hedge fund manager branded institutional investors such as pension funds "index speculators."

"We're not involved in speculation," Salisbury quotes a spokeswoman for the $247 billion California Public Employees' Retirement System. "We're in it for the long term."

The Fund Track column also included an item about shareholders of Fidelity's $41.2 billion Fidelity Magellan Fund and $37.5 billion Fidelity Growth Company Fund thumbing down a proposal to put in place procedures to prevent investments in firms tied to genocide.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use