Can the strategy that changed baseball—finding underpriced
skill with better metrics, not more data—work for investment management? NEPC's
CIO Tim McCusker thinks so.
The consultancy firm is closing two UK offices and one of its senior partners is exiting, while Cambridge Associates has appointed a new UK pensions chief.Headlines
Investors’ views on how to approach long-term investing are sought by a global institution.Headlines
The new Common Investment Vehicle for London borough pension funds could have its first assets within 12 months.Headlines
bank also reported its largest quarterly loss since the financial crisis following
a $2.6 billion settlement with US authorities for tax evasion.Headlines
Retired workers in the bankrupt city of Detroit, Michigan, have accepted cuts to the pensions as part of a plan to help the city re-emerge from bankruptcy.Headlines
Practices by two hedge funds have been criticised by the Permanent Subcommittee on Investigations for their use of “basket option structures” to crank up leverage and reduce tax bills.Headlines
ending “too big to fail,” the 2010 Dodd-Frank Act has further entrenched the
concept into government policy, a GOP report has said.Headlines
Governor Jerry Brown has signed a bill forcing board members at CalPERS to brush up on their investment knowledge.Headlines
Interested? The Treasury Department will host a summit for institutional allocators and government officials on September 9.