Asset Managers May Dodge ‘Systemically Important’ Label
US
regulators have announced a closer review of “industry-wide products and
activities” rather than individual managers in assessing systemic risk.
News
Harvard Hires Head of Public Equity
The $32.7
billion endowment fund has enlisted former CIO of MDR Capital Management,
Michael Ryan, to lead its public equity team.
Are You Paying Too Much for Your Trades?
At least one financial regulator suspects you are.
Mexico Mulls Taking On $53B of Oil Pension Liabilities
Two state-owned companies could be relieved of a significant chunk of pension liabilities if new oil sector rules are passed by Mexico’s government.
Legal & General to Cut Jobs as Annuity Sales Plummet
The end of mandatory annuitization will likely mean a leaner workforce at the UK provider.
Private Debt: the Up-and-Coming Alternative Player
Investors
are increasingly re-allocating capital from traditional fixed income and alternatives to
private debt, Preqin has said.
UK to Issue More Inflation-Linked Bonds as Demand Soars
Record demand for inflation-linked assets has seen the UK’s latest debt auction three times over-subscribed.
Private Equity’s Most Consistent Performers
The firms that didn’t make the list may be as surprising as those that did.
Dark Pool Inquiry Spreads to UBS, Deutsche Bank
The European
banking giants have been questioned by US regulators for possible securities
law violations concerning high frequency trading.
Op-Ed: Congress’ Temporary Pension Relief Is Hardly Relief At All
As legislators grapple over another highway bill funded on pension smoothing, former PBGC Director Charles Millard calls for the measure to be made permanent.
Frothy Valuations? Dial Back Risk, Bank Says
Swiss bank UBS has argued that a recent wobble by a Portuguese bank demonstrates how susceptible markets are to bad news.
A Hippocratic Oath for Bankers?
More regulation won’t work, says a UK think tank and suggests bankers take the moral high ground.
Clarifying Quality: How to Spot a Real Value Stock
S&P Dow Jones Indices has outlined steps to identifying the Bentley of equities.
How Much Can Corporate Sponsors Shape Pension Asset Allocation?
Firms highly
invested in innovation allocated more to private equity while companies with
large land holdings invested heavily in real estate, according to a study.
Latest Company in Activist Crosshairs: Coca-Cola
David Winters’ hedge fund has launched an attack on the soda company, and apparently has the interest of at least one major institutional shareholder.