Florida Pensions Investigate Potential Discriminatory Behavior by Airbnb
Allegations could lead to a state-wide prohibition on purchasing shares of the company.
News
Court Orders $1 Billion Judgment Against Woodbridge Ponzi Operators
Former CEO Robert Shapiro must pay $100 million civil penalty.
No, The Fed Isn’t as Dovish as the Market Thinks
Commonwealth’s McMillan notes that the central bank believes the economy is strong, so more tightening is coming.
OMERS Ventures Opens California Offices
Canadian pension plan is aiming for a more global venture capital program.
Stocks Hurt the World’s Largest Pension Fund Last Quarter
Japan’s GPIF lost a staggering $136 billion due to Q4’s rout in equities.
Dutch Pensions Felt Major Pain in Q4
Average funding ratios fell by seven percentage points, amid down December.
LACERA Beefs Up Its Investment in Chinese Bioscience
First VC investment of 2019 helps the pension plan increase its exposure to the world’s fastest-growing healthcare sector.
Canadian Fund Managers Post 2.7% Loss in 2018
Solvency ratio for Canadian pension plans drops 2% for year.
People Moves Roundup
PGGM gets an acting chairman, Northern Trust makes a swath of changes, and more.
$1.3 Trillion Church-led Pension Coalition to Pressure Mines on Dam Safety
After the Brazil dam collapse, a call for mining company investors to insist on better standards.
Oregon to Invest Up to $3.5 Billion in Private Equity in 2019
Plans to relaunch revised co-investment program and beef up PE team.
Florida’s Ash Williams to Be Next CIO Podcast Guest
The 2017 lifetime achievement honoree discusses 2019 outlook, trade war, hobbies, and interests.
CIO Sentenced to 7 Years in Jail for Fraud, Money Laundering
Ian Robert Woodall was found guilty of defrauding a London pension of more than £1 million.
Hedge Funds Have Worst Year in a Decade
Industry-wide losses of 3.42% in 2018 are largest since 2008.
Alternatives Make Up Majority of Family Office Portfolio
Survey finds alternatives generated 10.2% average return in 2018.