Divest from fossil fuels, plead faith leaders

Faith group leaders, supported by Nobel Peace Prize laureates Desmond Tutu and the Dalai Lama, called Thursday on sovereign wealth and pension funds to pull out from fossil fuel investments.

Many underestimate financial loss due to poor arithmetic

Anyone who has lost out on an investment in recent weeks - from pension funds and stocks to the housing rental market and currency exchange - may have lost more than they realise, according to new research from the University ...

Research looks at impact of hedge fund activism

Hedge fund activism often initially bolsters the target company but new research has found that it weakens the competition, which may hurt innovation and the larger economy.

Calif. teachers fund to boost clean energy bets

The California State Teachers' Retirement System says it plans to increase its investments in clean energy and technology to $3.7 billion, from $1.4 billion, over the next five years.

Major pension funds ask for climate change study

Some of the largest pension funds in the U.S. and the world are worried that major fossil fuel companies may not be as profitable in the future because of efforts to limit climate change, and they want details on how the ...

Cape Wind gets $200M investment from Danish fund

The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday is a milestone for the long-delayed project.

Information transmission a good predictor of credit crisis

The recent credit crisis was preceded by a sharp increase in the transmission of information in the largest derivatives market. Such transmissions can therefore serve as indicators for the instability of the market. A team ...

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