CalPERS’ Board Votes To Restrict Placement Agents


Following a national trend and hoping to align itself with new state laws, pension giant CalPERS has increased disclosure requirements for investment managers that utilize placement agents.

As Leaders Gather, SWFs Warn of Protectionism


Funds from across the globe gathered in Singapore alongside world leaders to express their concerns over protectionism—and to promote the idea of sovereign wealth funds as long-term, stable investors.

Buffett, Seeing Crisis Abate, Makes A Move


Following large profit increase—not the least of which was seen in its insurance units—Berkshire has made an “all in” bet on the American economy with its purchase of Burlington Northern Santa Fe railroad.