Private Equity Activity Set to Soar in Q4
A lacklustre capital-raising summer could be followed by an action-packed end to the year, Preqin data suggests.
News
AQR’s Asness: Prices Are Too High—But It’s Not All Bad
AQR has warned of asset prices near historic highs, but doesn’t think it means a crash is imminent.
By One Vote, San Diego to Keep OCIO Salient Partners
The county pension voted down a motion to fire Lee Partridge four months after entrusting him with its entire portfolio.
CalPERS Refutes Judgement to Let Stockton Walk Away
A bankruptcy judge has verbally ruled that CalPERS is no more important than other creditors.
What Will the Gross Exit Cost?
Moody’s has put a price on the departure of PIMCO’s “bond king” for parent company Allianz.
Danish Pensions Unite for €1B Infrastructure Push
Billions of kroner are to be put to work improving European and US infrastructure.
New Chiefs for Danish Pensions
The autumn brings new staff rosters for large Danish pension investors.
Steaming Ahead: The Lowdown on Railpen’s Restructure
Investment Director Paul Bishop on Railpen’s changing approach to pooled funds, and why it stepped back from hedge funds long before CalPERS.
Bristol-Myers Secures $1.4B De-Risking Deal
The Prudential Insurance Company of America has taken on another major group annuity contract.
Bad Habits in Asset Allocation
When does return momentum succumb to mean-reversion? Sooner than most investors expect, according to Andrew Ang and two fellow researchers.
Bill Gross: Not the King of Bond Markets, After All?
Fixed income commentators are not as concerned about the long term impact of Gross’ exit as weekend headlines have indicated.
Oregon PERS Appoints Executive Director
An internal candidate will take over the top job when the current chief retires, while the University of Florida has appointed a new CIO.
Moody’s: Expect Pension Risk Transfer Surge to Beat New Mortality Tables
The arrival of new actuarial measures could kick-start US corporate pension de-risking.
San Diego Vote on Firing OCIO Too Close to Call, Insiders Say
Salient Partners’ contract to invest the $10 billion public pension fund hangs in the balance heading into Thursday’s trustee vote.
Bill Gross Quits PIMCO to Join Janus
The PIMCO founder and “bond king” will join Janus Capital on Monday.