Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
News
Crypto Bloodbath Won’t Stop Spreading, as Some Lose the Right to Their Money
A bankruptcy judge’s ruling against customers in the Celsius case is the latest blow.
New York State Comptroller Calls for Political Spending Disclosures
Thomas DiNapoli files shareholder proposals with nine companies held in the state pension fund’s $233.2 billion portfolio.
Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2023
Don Steinbrugge released his top expected trends for the hedge fund industry in 2023.
Black-Scholes 2.0: Classic Valuation Method Expanded to Risks and Returns
The earthshaking 1973 stock options formula gets an update from two finance professors.
LACERA Seeks to Fill Newly Created Deputy CIO Role
Los Angeles County fund administrator is looking for candidates to help Jon Grabel oversee a $67.6 billion portfolio.
Pension Spending Supported $1.3 Trillion in Economic Output During Pandemic
Report finds strong economic gains attributable to DB pension expenditures in 2020 despite COVID-19 outbreak.
How Allocators Can Boost Their Woeful Diversity
Milken Institute study spells out methods to enhance DEI in the finance industry.
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Corporate Pension Sponsors’ Use of OCIO Services Is Growing, While Interest in Risk Assets Wanes, Research Finds
Vanguard’s 2022 pension sponsor survey explores how the global pandemic, market volatility and rising inflation influenced pension decisionmaking.
Pennsylvania PSERS Names New CIO, Tapping UAW Investment Official
Benjamin Cotton fills the position has been vacant for a year amid probes and controversies.
Guardian Life Hires TIAA’s Nicholas Liolis as New CIO
To replace Liolis at TIAA, fixed-income head Emily Wiener promoted to CIO to oversee nearly $300 billion portfolio.
New York City Retirement Systems Emphasized Sustainable Stakeholder Value in 2022
Comptroller Brad Lander prioritized DEI reporting standards and combated legal opportunistic insider trading at portfolio companies.
UC Investments Gives $4 Billion Boost to Blackstone Real Estate Fund
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.