Norway SWF Opens Japan Office in Property Push
The world’s biggest sovereign wealth fund is seeking to boost its presence in Asia by enhancing its real estate capability.
News
TA Associates Buys Russell for $1.15B
The private equity firm agreed to take over Russell Investments and its $266 billion of managed assets from the London Stock Exchange by the first half of 2016.
Bill Gross Sues PIMCO for $200M
The former co-founder has claimed he was wrongfully pushed out of the firm and denied “hundreds of millions of dollars” in earned compensation.
UK Health Foundation Appoints CIO
A former asset manager has taken the top investment role at one of the UK’s largest health charities.
Transparency Rules Could Hinder Fund Capacity, Moody’s Warns
Proposed rules for securities trading in Europe could pose big problems—and costs—for fund managers.
Blackstone Pays $39M for Fee Disclosure Failings
The world’s largest private equity firm failed to reveal accelerated monitoring fees and discounts on legal fees to investors, the SEC said.
Wall Street Vet to Lead Wyoming SWF
Ex-asset management CEO Patrick Fleming will oversee the $20 billion sovereign fund.
The Five Dimensions of Quality
Ask Cliff Asness, Ken French, or Benjamin Graham to define ‘quality’, and you would hear three different answers.
LV Hires Former Zurich Life Chief as CIO
The UK insurer has persuaded Vince Rennie back to a full-time investment role.
Head of UK Fund Manager Group Exits Amid Rift
Daniel Godfrey has left his role at the top of the UK’s asset management industry after less than three years.
Robert Wood Johnson MD to Lead Sloan Foundation
Elizabeth Hewitt has been tapped to lead the $1.9 billion fund, replacing retiring CIO William Petersen.
Questions Raised Over UK Public Pension Reform
Lawyers and unions have raised concerns as the UK chancellor confirms plans to radically overhaul UK public pensions.
Investors Pile into Real Assets as Record Numbers Seek Funding
Real estate and infrastructure funds saw a surge in capital raising between July and September—but also record numbers seeking assets.
Oklahoma Teachers Taps First CIO in Six Years
Kirk Stebbins, formerly at the City of Austin Employees’ Retirement System, has been hired to fill the long-vacant position at the $13.7 billion fund.