L&G Pushes into Outsourcing with LDI-to-Buyout Suite
From liability matching through to a 0% transaction cost buyout—Legal & General has fired the starting pistol on outsourced de-risking.
News
Sued OCIO Fights Back
JP Morgan has asked a judge to throw out a case because it claims it had full discretion over investment choices.
Bill Gross: Why I Left PIMCO
Janus Capital’s new portfolio manager explains his recent change of employer.
PGGM to Cut 200 Jobs
The giant pension fund investor is to be streamlined for efficiency.
The World Bank's $1 Trillion Infrastructure Plan
BlackRock, la Caisse, SWFs, and governments have signed up to the
Global Infrastructure Facility.
Carl Icahn: Apple Is Too Cheap
The billionaire investor urged the company to repurchase shares now using its $113 billion cash pile.
Bond Manager Questions Rating Agencies Over ‘Unsound’ Judgement
Could credit rating agencies be returning to their pre-crisis ways? One bond manager thinks so.
Graphic: The Changing Face of Corporate Bond Ownership
Goldman Sachs has tracked who has owned corporate debt since 1970.
AP1 Splits External Portfolio, Reshuffles Management
Third-party mandates for Sweden’s first national pension fund will be managed under a new structure.
Why an Ivy League MBA Won't Get You a Job in Alts
The London Business School has recorded the highest percentage of alumni working in hedge funds, asset management, and private equity, according to eFinancialCareers.
As Investors Yank Capital, PIMCO’s Total Return Outperforms
It might be a short-term blip, but performance has improved for PIMCO’s flagship as its leader fled.
Have Managed Futures Funds Turned a Corner?
After two years of redemptions and underperformance, one hedge fund strategy has seen a mini-revival.
Management Fees Fuel Jump in Wall St. Bonuses
Even as trading revenue shrinks, securities industry bonuses have hit a post-crisis high of $165,000 on average.
Goldman Accused Over ‘Unsuitable’ Derivatives Trades
Libya’s sovereign wealth fund is chasing Goldman Sachs to recoup more than $1 billion.
Oaktree Capital Revamps Leadership Structure
Howard Marks and Bruce Karsh will split the chairman role, while an AIG executive is to become the firm's first-ever CEO.