The Case For Alternative Credit
Institutional investors are underutilizing the asset class and missing out on potential returns, according to Towers Watson.
News
Lifting the Lid on Asset Management’s Gender Problem
Columbia Threadneedle has included diversity statistics among its key corporate performance indicators for the first time.
A Lesson for US Defined Contribution
Russell Investments’ Bob Collie argues that the UK’s foremost DC fund can help US pensions construct their own quality retirement models.
‘Ambitious’ Pension Partnership Names Chair
A former regulator will lead one of the UK’s pioneering pension projects.
Investors Demand Answers over Emissions Lobbying
In the wake of the Volkswagen emissions scandal, investors are demanding greater transparency from manufacturers.
PIMCO Fees Under Scrutiny Following Gross Lawsuit
Morningstar says it will look into Bill Gross’ complaint that PIMCO has been “deliberately obfuscating the allocation of some fees.”
Corporate Pensions Likely to Miss 2015 Return Expectations
US corporate funds would need at least an 8.4% gain in the fourth quarter to make up for recent heavy losses, according to Milliman.
California Lawmakers Force Coal Divestments
CalPERS will engage with coal companies about climate change risks after a bill was signed into law this week.
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.
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.