Roubini: Emerging Markets on the Up, Developed Markets Stay Anaemic
Dr. Doom has predicted a slight global growth increase for 2014, but there’s still plenty of gloomy views for advanced economies.
Newsmakers
Pennsylvania Pension Fund Chairman Resigns
The burgeoning scandal over CIO Tony Clark's alleged trading improprieties has led to a second resignation: Board Chairman Nicholas Maiale.
OMERS Promotes CIO Latimer to President and CEO
Michael
Latimer, the C$60 billion fund’s CIO, will assume the CEO role following
Michael Nobrega’s retirement next year.
ConvergEx Hit with $150M Fine for Overcharging Clients
Massive fines and criminal proceedings are in line for ConvergEx subsidiaries.
CalPERS Hedge Fund Chief to Depart for Future Fund
Craig Dandurand is set to join Australia’s sovereign wealth fund in February.
Pennsylvania CIO Accused of Personal Trading with SERS Info
Tony Clark,
CIO of the $27 billion fund, is also accused of withholding investment
information regarding Tiger Asset Management, according to internal legal
documents.
Danish Pensions Dump UNPRI over Governance Concerns
Scandinavia’s largest investors fear the UN’s sustainable investment body has governance problems of its own.
Pennsylvania Treasurer Calls for Firing of Pension Chair
Following the state pension CIO's resignation over alleged misconduct, Pennsylvania's treasurer has called for the removal of the board chairman, as well.
Barry Kenneth Wants to Bring Banking Efficiency to Pensions
From aiCIO Europe's December issue: Kenneth’s investment book is expanding—and he wants to bring lessons gleaned from being on the sell side to the Pension Protection Fund (PPF).
Germany Versus The Regulator
From aiCIO Europe's December issue: The complicated nature of Germany's pension system and its even more complex regulatory mechanisms. Charlie Thomas reports.
Revolution
From aiCIO Europe's December issue: How investment outsourcing needs to change—or unravel. Elizabeth Pfeuti reports.
How to Re-Risk the Right Way
From aiCIO Europe's December issue: Charlie Thomas investigates how European CIOs are re-risking in the aftermath of the financial crisis.
Is Credit the Saviour of Fixed Income… and if Not, What Is?
From aiCIO Europe's December issue: Elizabeth Pfeuti reports on the next potential bubble.
(Mis)Behavioural Economics
From aiCIO Europe's December issue: Columnist Paul Craven on the biases we share as humans, and how to counteract them when investing.
Of Dentistry, Investment, and Perspective
From aiCIO Europe's December issue: European Editor Elizabeth Pfeuti on questioning everything and looking with fresh eyes.