Newsmakers

NCPERS Spells Out Public Plan Governance Best-Practices

Explicit risk policies, performance measurement, and liability accounting must all be part of strong governance structures at public pensions, according to the National Conference of Public Employees Retirement Systems.

French Reserve Fund Loses CIO

The head of investment at the French pension reserve fund has left after almost a decade with the organisation.

Efficient Market Hypothesis Drove Crash, Critics Say

The capital asset pricing model and the efficient market hypothesis reflects the death of investor common sense, claims the 300 Club, noting that such theories contributed to the 2008 financial collapse.