Kevin Uebelein is set to replace outgoing CEO Leo de Bever in the sovereign wealth and pension fund’s top job.
After a five-year run marked by outperformance and political drama, Bob Grady has resigned his post at the $80 billion fund.
The GPIF is to reorganise its internal investment structure.
The
asset management firm and hedge fund group SSARIS will part ways after 13 years
of affiliation.
Lured by the indexing business, the London Stock Exchange got a consultancy and asset manager in the bargain. So what happens to them?
2014 is already a record-breaking year for UK pension funds’
de-risking activity.
Investors
and managers are focusing too much on alpha and not enough on achieving their
long-term goals, State Street has argued.
PIMCO says its two former top executives did not earn nearly half a billion in bonuses in 2013, as has been widely reported.
If pensions aren’t investing for the long term, it might not be their fault, a survey has found.
A Detroit-based foundation has outsourced its investment functions to Investure.
CIO imagines a radical new approach to de-risking investments.
A swanky hotel, 21st century technology, and de-risked cocktails: CIO muscles in on the VIP list.
Asset
owners were dissatisfied with fund reports and frequently lied to their
managers about why they decided not to invest in their fund.
Deflation
in the Eurozone could cause underperformance across asset classes and investor
outflows, Fitch Ratings has said.
Terms are agreed to, hands have been shaken, and it’s time to turn over pension assets and liabilities. But it’s not the end of the story.