What Crisis? Fund Management Bonuses Approach 2007 Peak
Fund managers' compensation is on the up, as hedge fund and investment banking incentives stagnate, say consultants.
Newsmakers
China SWF Chief to Lead Investment Bank
Ding Xuedong, chairman and CEO of the $650
billion China Investment Corporation, will take on the chief role at one of
China’s largest investment banks.
Female Bankers See Pay Plummet in Early 30s
Women begin to out-earn men in their late 20s, then median compensation falls hard and stays low for years.
The Power Lunch
What happens when you put the most powerful investors around a table? We took the 300 Club to lunch to find out.
A Separate Account by Any Other Name
Ermitage Highbury? PAAMCO 1848? OZ Eureka? What actually goes behind choosing these bespoke names for separate accounts?
UPS’ Public Markets Chief Leaves for Endowment
Ed Hetherington has accepted a similar role at the University of North Carolina Management Company.
Investment Deputy to Join NJ Pension
The $80 billion fund has a new second-in-command arriving with a private-sector background.
Graphic: Central Bank Fears Decades of Negative Real Rates
The Bank of England’s chief economist has painted a dark picture of the UK economy for decades.
The High School Breakup
Bill Gross and PIMCO's breakup has been one of the ugliest in the industry. What are the ramifications?
Letters to the Editor: October Issue
Applause from asset owners on CIO's fifth birthday, and... not-applause on coverage of pay-to-play accusations from the AFL-CIO's president.
The World’s Least Powerful Asset Owner
So who is the world’s least powerful asset owner? You have the blueprint. Give me a name.
PGGM to Cut 200 Jobs
The giant pension fund investor is to be streamlined for efficiency.
Carl Icahn: Apple Is Too Cheap
The billionaire investor urged the company to repurchase shares now using its $113 billion cash pile.
Bond Manager Questions Rating Agencies Over ‘Unsound’ Judgement
Could credit rating agencies be returning to their pre-crisis ways? One bond manager thinks so.
AP1 Splits External Portfolio, Reshuffles Management
Third-party mandates for Sweden’s first national pension fund will be managed under a new structure.