How To Land a Job in Alternatives
Goldman Sachs and Morgan Stanley produced the highest number of analysts moving to the buy-side, but hedge fund jobs are still hard to come by.
Newsmakers
A Note from the Editor-in-Chief
CIO’s boss on holiday parties, eggnog, and the fifth annual Industry Innovation Awards.
Low Yields Signal Dismal Future for UK Pensions
One in five UK pensions could be forced into the country’s lifeboat fund by 2050 if bond yields fail to meet official projections, a consultancy has claimed.
Fund Managers’ Tax Practices Under Scrutiny
The UK’s chancellor has proposed to turn the screw on individual fund managers who are paying less tax than they ought to.
New York University Endowment Loses CIO
Tina Surh will leave the $3.5 billion endowment on December 31, 2014 after five years as chief investment officer.
Ontario Teachers’ Names New London Office Head
As the $124 billion pension plunges ahead with its overseas expansion, a private equity veteran has taken over its EMEA operations.
NAPF Loses Investment Policy Chief to Fund Manager
Helen Roberts is to return to the fixed-income sector, joining ECM Asset Management.
UK Fund Managers Lagging Board Diversity Targets
KPMG finds just three of 16 fund managers have any female executive directors.
Irish Public Pension Fund Chief to Retire
Conor O’Kelly has been selected to lead Ireland’s National Treasury Management Agency, replacing John Corrigan.
Eurozone Pensions Count the Cost of Falling Rates
Actuarial rates have wiped 600 basis points off of funding ratios in Germany despite a strong year in performance terms.
San Diego, Public Outsourcing Pioneer, to Recruit Internal CIO
The $10 billion fund’s board has voted to return to a model featuring an internal CIO.
Dan Loeb Triumphs Against Sotheby’s, Dow Chemical
Sotheby’s CEO has agreed to step down and Dow Chemical has added four directors to its board after yearlong battles with the activist investor.
New Hedge Fund, PE Heads at NYC Pension
The $160 billion system has promoted two staffers to lead its alternatives buckets.