SEC Investigates 44 Investment Firms on Insider Trading
US
regulators have claimed dozens of prominent hedge funds and asset managers were
part of an insider-trading scheme involving health care companies.
News
New CIO for APG as Kemna Switches Roles
Angelien Kemna is to hand her role as CIO of Dutch pension fund manager APG to Eduard van Gelderen on September 1.
High Yield Still the Sharpest Place to Be—But For How Long?
Redington’s quarterly risk-adjusted returns report shows high yield has dominated in the short term, but risk parity was the long-term winner.
Challenges Ahead for Traditional Asset Managers, Says BCG
The global asset management industry made profits of $93 billion in 2013, but traditional managers face disruptive challenges, the Boston Consulting Group has said.
Investor Appetite for Hedge Funds to Jump in H2
A whopping 97% of investors are set to increase their hedge fund allocation in the second half of 2014 as equity and bond market valuations remain high, Credit Suisse has found.
Private Equity Hire Signals Japan Pension’s Intent
Hiromichi Mizuno is to join the Japanese Government Pension Investment Fund’s investment committee as it seeks to diversify away from low-yielding bonds.
Hedge Funds Bounce Back in Q2
The M&A recovery has helped event-driven funds top the performance charts in the first six months of the year as total industry assets breached $3 trillion.
In It for the Long Term? Time to Step Up and Deliver, Says UK Body
The former chairman of Lloyds Banking Group has urged more long-term thinking from investors and called for auditors to up their game.
Prudential Nabs Another Major Pension-Risk Transfer
The insurer has taken more than $350 million of auto part manufacturer Visteon’s $1.1 billion in pension liabilities.
Sharpe Parity: the New Risk Parity?
UBS has enhanced the typical risk parity portfolio—and claims it outperforms.
Financial Stability Board Bids to Wipe Out FX Rate Rigging
In the wake of accusations of foreign exchange rate manipulation, the regulatory group has offered up proposals to shore up rate-setting methods.
Absolute(ly No) Return Bond Funds
All absolute return bond funds are not created equal—and some could lose you money.
Lifting the Lid on the Swedish Bankers’ Pension Overhaul
CIO Stefan Ros and CEO Peter Hansson explain why they have slashed SPK’s exposure to traditional fixed income to invest in real estate and hedge funds for the first time.
Fraud Charges Drain Barclays Dark Pool
Trading volume plummeted 37% at Barclays following allegations of “systematic fraud and deceit,” yet order flows largely shifted to other major banks’ dark pools.
The Companies Threatened the Most by Pension Deficits
JLT Employee Benefits has identified “a significant number” of UK pension schemes with deficits greater than their sponsors’ market value.