Fenway Partners Fined $10M for Conflicts of Interest
The SEC says the company and executives breached fiduciary duty in the latest of its investigations of private equity firms.
News
Old School Asset Managers, Meet New SWFs
Not a specialist? Only do equities? New wealth funds can still use these traditional asset managers, Cerulli says.
Warren Buffett’s Way to Invest for Retirement
The Sage of Omaha’s proposed 90/10 asset allocation could provide superior upside potential and downside protection, a study has found.
The Argument for Private Equity
Well-implemented private investments can improve the funding levels of defined benefit plans, according to Cambridge Associates.
Real Asset Write-Downs Hit Dallas Credit Rating
More revisions are anticipated as the underfunded police and fire pension battles to improve its health.
CIEBA Labels Premium Hikes a Threat to PBGC, Pensions
The US corporate pension industry group opposes the federal budget deal that would further raise insurance premiums for its dwindling members.
Amundi Targets €2B IPO
Europe’s biggest asset manager aims to float on the Euronext exchange in Paris later this month.
Ontario Teachers’ Ex-CIO Joins Asset Manager
Neil Petroff is now vice-chair of boutique Canadian firm Northwater Capital Management.
Hedge Funds and the Price of Consistency
Hedge funds with performance fees under 10% outperform those charging the traditional 2-and-20, according to Preqin.
OCIO’s Next Targets: DC and Public Sector
Research reveals that outsourced investment providers are targeting areas beyond their traditional stomping grounds.
Commonfund Hires Former CalPERS, BT CIO
Mark Anson is to lead the endowment and foundation investor beginning next year.
UK Pension Insures £5B in ‘Umbrella’ De-risking Deal
An industrial giant’s pension fund has struck a groundbreaking arrangement involving two insurers and billions worth of liabilities.
Icahn Takes on ‘Severely’ Underperforming AIG
The activist investor joins John Paulson in calling for the insurer to spin off its life and mortgage insurance divisions into independent public companies.
CalPERS Hunts New Chief Risk Officer
The US’ biggest pension is searching for a new risk chief, Sweden’s AP3 has appointed one, and a Power 100 member has added an advisory role to his CV.
The 'Vicious Cycle' of PBGC Hikes
The budget bill's new round of premium increases could mean PRT, freezing plans, or the end of DB as we know it, according to experts.