Newsmakers

Despite Liquidity Fears, an Institution Creeps Into PPIP

PPIP, the government program to take ‘toxic assets’ off the books of banks, has received a lukewarm response in America; the Chinese Investment Corporation, however, is reportedly putting up $2 billion to invest in this mortgage-backed securities program.

Sally Bridgeland

Bridgeland is Chief Executive of BP’s giant pension scheme. The willowy ex-consultant shared her thoughts with ai5000 in-house about management, hedge funds, and the demerits of pension buyouts.

In A Possible Sign of Recovery, Harvard Endowment Starts Hiring

The Harvard endowment has been lambasted by critics for an illiquid investment strategy and an overly ambitious infrastructure expansion plan, but in possible signs of a turnaround at the world’s largest university endowment, hiring has started once again.