Offshoot of SAC Capital to Close
Hedge fund Exis
Capital, run by former SAC Capital trader Adam Sender, is said to close with
less than $1 billion in assets under management.
Newsmakers
Insurer Snaps Up Asset Management Arm of Troubled Lender
Amid ongoing sale rumors about Russell Investments, a $513 million acquisition deal has closed between New York Life Investments and Dexia Asset Management.
GIC Sues Merck Over Fraudulent Share Prices
One of Singapore’s sovereign wealth fund has claimed the drugs company made misleading statements on two anti-cholesterol drugs, artificially inflating the share price.
AMP Capital’s International Chief Executive on All-Access Partnerships
Strategic relationships between asset owners and managers aren’t the only kind of alliances shaking up the global investment game.
How to Build the Best DC Plan (the JP Morgan Way)
JP Morgan Asset Management’s Paul Sweeting has taken experiences from around the world and come up with the ultimate defined contribution plan blueprint.
CIO Profile: Hedge Fund Hopes and Governance Goals
Ian McKnight, CIO of the leaner Royal Mail pension fund, on hedge fund investing and getting the best from advisers.
Vervoer CIO to Take Up Northern Trust Role
Patrick Groenendijk will become a practice leader in fiduciary management at the company’s Chicago office.
AIMCo's Jagdeep Bachher Appointed CIO of the University of California
The Canadian
will leave Alberta to manage University of California Board of Regents’ $80
billion fund.
The True Burden of Unfunded Liabilities
The deficit
of US cities’ pension funds ranges between under $1000 and $18,000 per
resident, according to Morningstar.
Investment Outposts: A Guide to Branching Out
Sovereign funds and pensions have launched satellite offices to foster in-house management, reduce agency problems, and spot new opportunities, according to a paper.
China SWF CIO Lands Promotion
The largest SWF in Asia has shuffled its top brass.
CIO Profile: Two Weeks into Job, New Mexico's Grabel Talks Changes
Jonathan
Grabel, a private equity veteran and now CIO of New Mexico's $14 billion pension fund, plans to take a hard look at the manager roster and get granular with portfolio data.
Lord Hutton Joins Redington…as Ball Leaves JLT
January has brought some major staff changes at UK consulting firms.
Insight Investment Hires LDI Veteran
Tarik Ben-Saud worked at BlackRock for 15 years before spending almost two years assisting with reconstruction efforts in the Middle East.
Peak Assets: Institutional Investors at Davos
Which CIOs are heading to Switzerland next week?