L&G Hires to Boost De-Risking Division
A banker-turned-investment consultant has joined the UK’s leading de-risker.
News
Philadelphia Public Pension CIO Resigns
Sumit Handa is set to depart the $4.7 billion fund after three-and-a-half years as CIO.
Bill Gross: The Bull Market Is Over
PIMCO's former CIO says that the time to take risk has passed.
India, Energy, Investment Grade: What You Wanted in 2014
Risk on or risk off? Which asset classes received the most new money last year?
UK Pension Kicks Off De-Risking for 2015
The first major de-risking deal of the year is a longevity swap backed by Pacific Life Re.
Paul Tudor Jones To Close Futures Hedge Fund
Tudor Investment Corporation has pulled the plug on its $300 million futures fund due to high costs.
Hedge Funds Confound Expectations in 2014
Where was the money made in the hedge fund sector last year?
Private Equity Funds Face Fundraising Headwinds
Preqin’s data reveals evidence of a supply/demand imbalance in the unlisted sector.
Corporate DB Plan Funding Levels Suffer in 2014
The aggregate funding levels fell to just 80% at the end of last year, nine percentage points behind 2013’s peak.
Penn. Pension Sells Off $1.75B of PE Funds-of-Funds
The $53 billion public fund is dialing back private equity exposure with one of the largest secondary transactions of 2014.
China, Oil, and Greek Elections: Deutsche Bank Looks Forward (and Back)
Deutsche Bank has ranked the best and worst investments of 2014—and has a warning for the first hurdle of 2015.
Towers Watson Faces Lawsuit over ‘Negligent Advice’
The UK’s Coal Pension fund is taking legal action to recover millions it claims to have lost through a currency hedge.
Weak Third Quarter Hits US Public Pensions
Declining equity markets hurt the US’ biggest pensions, but assets still rose in the first nine months of 2014.
George Washington U. Hires OCIO for $1.6B Endowment
Strategic Investment Group has won the outsourcing mandate after a nine-month search.
As Hedge Funds Shutter, Industry Pay Falls Again
CIOs of $1 billion-plus hedge funds took home $233,000 less on average than last year.