Arizona Public Safety Execs to Recoup Lost $170,000 in Bonuses
Money, to be awarded for 2013 performance, had been delayed due to controversy.
News
CPPIB, Piramal to Launch $600 Million Renewable Energy Trust
Canadian pension will contribute lion’s share and own up to 60% of venture.
US Corporate Pension Funding Level Rises to 91.4% in April
Improvement boosted by strong investment returns during the month.
Trade War May Bring Inflation, Fed’s Williams Warns
Expanded tariffs by both Washington and Beijing will affect ‘prices paid in stores,’ he says.
Michigan Endowment May Send More Capital to Seven Funds
Private equity, credit, and hedge fund strategies, recipients of extra investments earlier this year, may be in line for more still.
After a Two-Year Search, CalPERS Finally Hires Private Equity Head
Greg Ruiz, who has family ties to the fund, will take over from interim Sarah Corr.
CDPQ and Lightsource BP Beam Capital into Solar Power Projects
The $173 million in debt financing is part of the Canada fund’s greener, low-carbon investment mission.
US to Return $196 Million Stolen from Malaysian State Fund
Recovery just a small portion of the $4.5 billion siphoned from 1MDB investment fund.
Trade War Could Shove US into a Recession, Morgan Stanley Says
Escalating conflict may slice corporate earnings and lower employment, firm warns.
Deputy CIO and Former NextGen Departs Texas Pension Fund
The alts-focused Sharmila Kassam moves to Funston Advisory Services.
Treasury Approves Benefits Reduction for Pennsylvania Pension
Pension said it will become insolvent in 10 years without benefits cut.
At Morningstar: Using Factors in Fixed Income Investing Remains Difficult
Equity strategies may not stand up to the complexity of the fixed income markets.
Chaya Slain, Former NextGen and Forty Under 40 Achiever, Becomes CIO
New family office head is the second NextGen honoree to enter the C-suite.
At Morningstar: Asness Has No Simple Answer to Quant Strategy Losses
AQR CIO says firm is sticking with strategy until proven otherwise.
Zell Warns that an Interest Rate Cut Would Bring ‘Disaster’
Billionaire investor says dollar’s status could be weakened.