San Diego’s Bumpy Transition from OCIO
The public pension plan is attempting to nail down an investment policy framework as it prepares to welcome an internal CIO.
News
Ex-White House Economic Advisor Joins PIMCO
Gene Sperling is the latest hire at the bond giant as it recovers from a tumultuous 2014.
Bringing ‘Risk Parity Thinking’ to UK DC Pensions
Schroders claims to have designed a “unique” product for the UK DC market.
UK Insurer Secures £2.8B of Longevity Swaps
The second UK provider in three months has turned to the reinsurance sector to protect against longevity risk.
Key Player in CalPERS Bribery Scandal Dies before Trial
Due to stand trial next month on federal corruption and bribery charges, former placement agent Alfred Villalobos died on Tuesday.
As BoA Turns Away from Hedge Funds, Rothschild Steps Up
The US bank has cut ties with 150 hedge fund clients, while Rothschild invests deeply in its alternatives capabilities.
Russell: The Argument for Coming Back to Cash
Do you consider cash to be expensive and a drag on your returns? It’s time to change your mind, says Russell Investments.
Canadian Pension Pens $4B Infrastructure Deal
Canada’s second biggest pension has set its sights on local infrastructure assets.
NYC, CalPERS on Hunt for Private Equity Talent
Vacancies are opening up at giant US pensions for specialists in unlisted assets.
Bonds Drive Double-Digit Returns for UK Pensions
Equity allocations are falling despite recent good performance from active managers, State Street’s research shows.
PFZW Nets $56M Profit from Hedge Fund Exits
The giant Dutch pension provider wound up more than $2 billion of hedge fund investments inside two months—and at a profit.
Politics Could Dictate HF Managers’ Risk Tolerance
Managers with more conservative leanings were also conservative in their stock picking, research has found.
Private Equity’s Soaring Valuations, Rampant Deal-Making
Not since before the financial crisis has the global M&A market—or Goldman Sachs bankers—been so busy.
JP Morgan Offers Pensions $500M to End Bear Stearns Lawsuit
A group of investors claims the bank misrepresented the quality of $18 billion of mortgage-backed securities.
Threadneedle and Columbia to Strengthen Ties With Rebrand
US fund manager Columbia will appear in Europe for the first time as it works closer with its UK sister firm.