MassPRIM Appoints Michael Trotsky As New Executive Director
The board unanimously approved Trotsky at a meeting Tuesday morning.
Newsmakers
NY State Common Closes Seven Deals Totaling Approximately $236.5 Million
The $132.6 billion New York State Common Retirement Fund has closed seven transactions, including its relationship with Goldman Sachs.
Columbia to Unveil SWF This Year
The fund may become an essential tool in the government's efforts to settle the appreciation of the peso.
Hong Kong Billionaire Beats ADIA, Macquarie Capital, and CPPIB to Buy UK Power Grids
Tycoon Li Ka-shing's more than $9 billion deal for three UK
power grids makes him one of the biggest owners of Britain's infrastructure.
ETF Assets Drop Slightly in First Half of 2010, SSgA Says
In the first half of 2010, State Street Global Advisors’ (SSgA) U.S.
ETFs total client assets fell 0.4% to $772 billion but remain strong.
From ai5000 Magazine: The Fires by Joe Flood
In a testament to ai5000 Editor-in-Chief Kip McDaniel's judgment of talent (or luck, as some see it), ai5000 book reviewer Sara Nelson critiques ai5000 Editor-at-Large Joe Flood's The Fires -- his first (of what we hope is many) non-fiction novel.
From ai5000 Magazine: Environmental Investing, Debunking the Myths
Asset owners often find common cause in arguments against employing environmental investing. By Angelo A. Calvello.
Good Timing: After Troubled 2009, MassPRIM Announces 12.82% Return
The
Massachusetts Pension Reserves Investment Management board announced a
rebounding return on the fund's investment trust for the fiscal year.
From ai5000 Magazine: Cautiously Ahead?
In the wake of 2008, asset owners are hesitantly returning to the securities- lending world. The landscape, however, has changed dramatically since they left.
New York Pension's DiNapoli Counters Accusations of Abuse
Republican Harry J. Wilson, who's campaigning for state comptroller,
called incumbent Democrat Thomas J. DiNapoli’s management of the state
pension fund “the largest Ponzi scheme in New York State history.”
From ai5000 Magazine: Reigniting Interest
Among institutional investors, ETFs have regained a strong foothold.
From ai5000 Magazine: Antoine De Salins, CEO, FFR
De Salins, CEO of France's €35 billion Fonds de Réserve pour les Retraites (FRR), spoke with ai5000 in his Paris office about liquidity issues, asset allocation, and, above all, the nuances of responsible investing.
From ai5000 Magazine: Carol McFate, CIO Xerox
McFate, after spending two decades in the insurance industry, became the chief investment officer for Xerox in late 2006. In early May, she sat with ai5000 to discuss the intertwined topics of market uncertainty and risk management.
From ai5000 Magazine: Eric Upin, CIO, Makena Capital Management
Upin -- formerly at the Stanford Management Company and Sequoia
Capital and now Chief Investment Officer at Menio Park-based Makena
Capital Management -- spoke with ai5000 in defense of the much maligned
endowment model.
AIMCo's Leo de Bever Cautions Against Infrastructure
With investors chasing limited opportunities, have we reached
an infrastructure bubble and is there light at the end of the tunnel?