Wanted: Someone to Manage $36 Billion in Equities
New Jersey is looking for a portfolio manager for its massive equities program—and it's taking applications.
News
Why Your (Smaller) HF Manager Might Not Be Worth the Fees
An equal portion of large and small hedge funds hold the same popular stocks, Novus says.
Macro Hedge Funds Stutter as Oil, Dollar Trends Shift
Managed futures and macro funds had a poor April, data shows, but the strong start to the year for hedge funds in general continued.
UK Pension Minister Ousted in Dramatic Election Result
The longest serving pensions minister is to leave his role after five years.
Sovereign Wealth Funds’ Real Estate Rush
There is a mismatch of current and target allocations for real estate that could lead to major inflows, according to Preqin.
What Private Equity Sells vs. What They Actually Do
If an ex-investment banker is in charge, expect plenty of financial engineering, Harvard researchers say.
Managing Risk Will Only Get Harder, Asset Owners Warn
Investors are taking regulatory challenges in their stride, but a survey has found risk management is becoming more of a headache.
Court Ruling to Balloon Oregon Pension Liabilities
A 2013 change to the public pension’s index-linked policy was deemed illegal by the court.
Mars Shakes Up Pension Hierarchy
One of CIO’s Forty Under Forty has been put in charge of Mars’ pension investments in EMEA.
Lehman Brothers Secures UK Pension with Buy-in
The pension fund for the collapsed investment bank has transferred liabilities to Rothesay Life.
Cliff Asness Calls Out Hedge Fund Rich List's 'Bad Math'
The high profile annual ranking relies on a flawed formula and “a ton of guesswork,” says the AQR founder (and ex-member).
Investor Appetite for Global Macro Heats Up
Nearly 40% of investors are actively seeking to add global macro components to their hedge fund portfolios, according to Preqin.
How to Avoid the Next Sovereign Debt Crisis
Standard & Poor’s believes a sustainable, multi-factor investing approach to fixed income can help avoid future government debt dramas.
Lloyds Loses Pension Investment Chief
Simon Lee is heading for Marks & Spencer’s defined benefit pension, CIO understands.
Vanguard Tops PIMCO Total Return as World’s Largest Bond Fund
PIMCO’s flagship fund lost $5.6 billion in April, bringing down its total assets to $110.4 billion, the firm said.