Charities Back Active Managers despite Peers’ Push to Passive
UK charity funds still believe in active management in the face of increasing use of passive strategies by other institutional investors.
News
Qatar Investment Authority’s $10 Billion Plan
The sovereign fund’s CEO has revealed plans to invest up to $20 billion in Asian assets in the next five years.
AXA Presses Into US Market with New Group Chief
With the addition of a New York Life alum, the European asset manager has built out its US team to 160 staffers—with plans for more.
Women in Pensions: An Exception to the Gender Imbalance?
European pensions beat their capital market partners in top-level female representation, a survey has revealed.
Bill Gross: The Case Against Inflation Dependency
A philosophical Gross considers why deflation is no longer acceptable, in his latest outlook for Janus Capital.
US Endowment Returns Lagged Public Pensions, Again
By more than 100 basis points, higher education funds underperformed public pensions last year, according to NACUBO-Commonfund and Wilshire data.
HF Managers Cautioned to Avoid Herd Mentality
Managers are intent on launching new products as growth slows, consulting firm EY says, but shouldn't rely on past performance alone.
Royal London CIO to Exit After 10 Years
Power 100 alumnus Robert Talbut is to leave Royal London Asset Management at the end of 2014.
US Companies ‘Must Pay $110B More to DB Plans’
Improving life expectancy is expected to add billions to the amount companies must pay into their defined benefit plans.
Outsourced Investment is Uncontested and Unmeasured, says KPMG
A worrying trend has taken hold of UK outsourced investment/fiduciary management, the consulting firm has warned.
Private Equity Appetite: Public vs. Private Pension Plans
US public pension plans thought more globally than corporate funds, with higher allocations to emerging market private equity.
CalPERS Hails Stockton Bankruptcy Ruling
The $300 billion pension is celebrating a reversal of a decision to impose huge cuts on public workers’ pensions.
PIMCO Rehires Two Staff as Post-Gross Rebuild Continues
Nobel Laureate Michael Spence has returned to the fund management giant just eight months after leaving.
UK Pensions Slow Risk-Reduction as Funding Levels Improve
Fixed income allocations are down as UK pension funds gain stability.
Activism Skyrockets, But Investors Are Selling Fast
Only 36% of US activist investors say they have an average holding period of more than one year, according to a survey.