AT&T Alternatives Pioneer Thomas Judge Dies
Thomas Judge, one of the first to invest pension assets in venture capital, has died at 83.
News
Is RAPM the New CAPM?
Asset
pricing models based on liabilities and funded status could be the answer to
the CAPM problem.
DC Beats Target-Date and DB Returns in 2013
Target-date funds fall behind in returns but continue to pull in the lion’s share of assets.
Norway to Drive Renewable Energy Investment
The world’s largest oil fund is to push into more environmentally friendly ways of producing power.
Wall Street Rakes in Third-Best Bonus Season Ever
Banks made it rain on New York City’s securities staffers in 2013, distributing $26.7 billion in cash bonuses.
Turning Bad Currency Exposures into Good Risks
A study found heavily-hedged currency portfolios allocated to alpha-generating managers saw improved returns within the mandated risk bucket.
Major Shake Up for Sweden’s Pension System
Politicians have decided to update how more than €100 billion in domestic pension assets are run.
Icahn, Aon, 27 Others Appear on Pension Enemy List
The American Federation of Teachers is urging defined benefit plans to avoid investing with managers it says are linked to anti-pension groups.
Ukraine Crisis Poses Little Systemic Risk, Investors Say
The asset management industry is largely unruffled by the geopolitical conflict between Ukraine and Russia.
NJ Pension Names Acting Director to Top Job
Chris McDonough, interim leader since September 2013, succeeds former head Tim Walsh as director of the $87 billion operation.
BNY Mellon to Exit Transition Management Business
Four major players have abandoned the industry in under a year.
SAC Capital Starts Anew as Point72
The hedge
fund firm turned family office is rebranding as Point72 Asset Management after
pleading guilty to insider trading.
Q&A: USS on How to Get Corporate Governance Right
The co-head of responsible investment at the UK’s largest pension explains the fund’s approach to investing well—and for the long term.
The New Weapon in the LDI Arsenal
An ultra-long government bond future offers novel synthetic exposure to gilts, but will the market care enough to make it viable?
New Central Banking CIO for Korean SWF
One of Asia’s largest investors has a new man in charge.