Stanford to Dump Coal Holdings
The $18.7
billion endowment joined a dozen other universities by divesting from 100 public
coal-extracting companies.
News
SEC: Private Equity Firms and Illegal Fee Collections
An
examination of private equity firms the last two years revealed an “enormous
grey area” of hidden fees and expense-shifting, costing investors proper
monitoring of investments.
L&G Distribution Head Joins Och Ziff
Hugh Cutler has moved from the passive investment giant to an asset-gathering hedge fund.
GSAM on Insurance: Low Yields, Increased Risks
A survey of insurance CIOs revealed a growing
interest in private equity as an answer to a low-yield environment.
La Caisse Shakes Up Team to Strengthen Québec Focus
The Montreal-based pension plan will appoint an executive
vice-president of Québec to manage its private equity portfolio
focused on local investments.
Sharpen your Resumés: Norway is Hiring
The Norway Pension Fund Global needs economists to guide its strategies.
APG Extends Indian Affair
The largest European pure-play pension investor has plunged more money into India.
Sac. County Partners with Pantheon on Secondaries Play
CIO Scott Chan foresees a glut of infrastructure assets arriving to market, and has a plan to capitalize on it.
A ‘Made-in-Ontario’ Proposal for a Canada Pension Problem
The Ontario
Ministry of Finance proposed the Ontario Retirement Pension Plan as Canada’s
first mandatory provincial retirement plan for public employees.
Beyond Rational: Investor Sentiment and Risk Perceptions
Investors judge risk and returns on sentiment and behavioral patterns, not just the rationality of prices, research has found.
The Best CIO Job Ever?
The UN is hiring a New York-based assistant secretary-general for investments, and yes, it just might come with diplomatic plates.
Local Government Pensions Mull Active Management Withdrawal
UK government issues proposals to restrict local authority access to active asset managers.
Putnam: DC Outcomes About Behavior, Not Salary
Even being rich can’t supplant the benefit of access to a workplace savings plan, Putnam’s annual retirement income survey found.
CalPERS: Detroit Ruling Threatens All US Public Pensions
The largest US pension fund wants a bankruptcy court decision reversed.
Largest London Pension Loses CIO
Alex Gracian has left the London Pension Funds Authority.