Amundi Targets €2B IPO
Europe’s biggest asset manager aims to float on the Euronext exchange in Paris later this month.
News
Ontario Teachers’ Ex-CIO Joins Asset Manager
Neil Petroff is now vice-chair of boutique Canadian firm Northwater Capital Management.
Hedge Funds and the Price of Consistency
Hedge funds with performance fees under 10% outperform those charging the traditional 2-and-20, according to Preqin.
OCIO’s Next Targets: DC and Public Sector
Research reveals that outsourced investment providers are targeting areas beyond their traditional stomping grounds.
Commonfund Hires Former CalPERS, BT CIO
Mark Anson is to lead the endowment and foundation investor beginning next year.
UK Pension Insures £5B in ‘Umbrella’ De-risking Deal
An industrial giant’s pension fund has struck a groundbreaking arrangement involving two insurers and billions worth of liabilities.
Icahn Takes on ‘Severely’ Underperforming AIG
The activist investor joins John Paulson in calling for the insurer to spin off its life and mortgage insurance divisions into independent public companies.
CalPERS Hunts New Chief Risk Officer
The US’ biggest pension is searching for a new risk chief, Sweden’s AP3 has appointed one, and a Power 100 member has added an advisory role to his CV.
The 'Vicious Cycle' of PBGC Hikes
The budget bill's new round of premium increases could mean PRT, freezing plans, or the end of DB as we know it, according to experts.
The Difficulty of Being Right Twice
Investors shouldn’t try to pick stocks based on what they think might happen elsewhere, argues AQR founder Cliff Asness.
Ex-PIMCO Equities CIO Opens Consulting Firm
Virginie Maisonneuve and four former PIMCO equity managers have joined together to launch Maisonneuve Global Advisors.
Why Infrastructure Investors Are Losing Their Appetites
Competition, falling yields, and a demand-supply mismatch are halting the sector’s surge in popularity.
Does Diversified Growth Deliver?
A performance study by Cambridge Associates suggests diversified growth fund manager selection is “critical” as few products do what they say they will.
The Tech Giant Way to Do 401(k)
Auto-enroll? Nope. Custom TDFs? Wrong again. To build one of the best defined contribution plans in America, Microsoft tossed conventional wisdom in favor of hard data.
Pension Risk Transfers Climb to $260B
Increasing longevity risk will lead to further adoption of de-risking in North America, according to Prudential.