NYC, CalPERS on Hunt for Private Equity Talent
Vacancies are opening up at giant US pensions for specialists in unlisted assets.
Newsmakers
Politics Could Dictate HF Managers’ Risk Tolerance
Managers with more conservative leanings were also conservative in their stock picking, research has found.
Threadneedle and Columbia to Strengthen Ties With Rebrand
US fund manager Columbia will appear in Europe for the first time as it works closer with its UK sister firm.
CalPERS, PGGM Hedge Fund Chiefs Find New Employment
As large pensions dump hedge fund strategies, sector heads look elsewhere for their paychecks.
L&G Hires to Boost De-Risking Division
A banker-turned-investment consultant has joined the UK’s leading de-risker.
Philadelphia Public Pension CIO Resigns
Sumit Handa is set to depart the $4.7 billion fund after three-and-a-half years as CIO.
Bill Gross: The Bull Market Is Over
PIMCO's former CIO says that the time to take risk has passed.
George Washington U. Hires OCIO for $1.6B Endowment
Strategic Investment Group has won the outsourcing mandate after a nine-month search.
Dutch Pension Giant ABP Names Chairman
The Netherlands’ biggest pension fund has a new chairman.
The Year That Wasn’t
What have European investors learned from in 2014 to arm them for the year ahead?
A CIO Christmas Carol
CIO Scrooge and his team are still working on Christmas Eve to eke out the last few basis points of the year.
Dutch Pension Funds in 2014: A Lament
The Dutch pension system is viewed as one of the best in the world. But according to Rabobank Pension Fund’s CIO Bernard Walschots, 2014 was not its finest hour—and 2015 looks little better.
Norway Adopts Fresh Responsible Investment Framework
The Ministry of Finance has passed oversight for the SWF’s responsible investing to Norges Bank and a five-strong ethics council.
Moore’s Law and Managing Money
A backward-looking, statistical view of risk where volatility dominates does not serve us well, writes former Schroders CIO Alan Brown.
The Best Thing for Active Managers? Passive Investors.
As institutions slash active mandates, managers on both sides of the active versus passive argument rejoice.