Yale Sticks to Endowment Model, Despite Critiques
The $24 billion endowment has targeted a combined allocation of just 11% to fixed income and domestic stocks.
News
Liabilities Soar for the $20 Billion Club
New
mortality tables added nearly $30 billion in liabilities to the US’ largest
corporate pension plans in 2014, according to Russell Investments.
The Consulting Fund Manager: Mercer AUM Hits $115B
A busy year for the consultant-turned-investor saw its global assets grow by 33%.
Future Fund Alts Head Joins Hedge Fund Standards Board
A Forty Under Forty alum has joined a group seeking to raise disclosure and governance standards in hedge funds.
Investors Renew Faith in Hedge Funds
But fees and regulation worry asset owners and managers alike, according to Preqin.
Bob Grady Joins PE Firm Gryphon Investors
Four months after his exit from the New Jersey pension plan, the former White House policy advisor is returning to direct private equity investments.
Scapegoats and Self-Interest: Why CIOs Pick the Wrong Managers
Expected future returns are way down the list when considering a new manager, academics have claimed.
$4T Investor Group Backs UN Human Rights Initiative
Swedish and Dutch pensions are among a 60-strong group of investors calling for companies to take into account the risks of failing to uphold employees’ human rights.
UK Infrastructure Project Plots Expansion
A collaboration backed by some of the UK’s largest pensions is aiming to roll out more products.
$120B in Assets Signals the Endurance of Activist Investment
But the approach accounts for less than 4% of the $2.8 trillion hedge fund industry, according to sector data.
Pru Splits Latest Mega-Buyout Deal with Competitor
For the first time in recent years, a multi-billion dollar US pension-risk transfer will involve an insurer other than just Prudential.
Aviva Investors Fined £17.6M over ‘Cherry-Picking’ Trades
Two former bond traders exploited “weaknesses” in the asset manager’s systems and controls to increase their take of performance fees.
Swedish Pensions Condemn Reforms after Stellar Year
Public pension executives are still waiting for government action after promised reforms were pushed back.
PE Firms Feel Investors’ Push on ESG Concerns
There are substantial barriers to overcome, particularly in collecting and comparing ESG data, according to a study.
Swedish Local Government Pension CEO to Exit
Lars-Åke Vikberg has run the KPA public pension fund since 2009.