Hedge Funds Record 9.2% Return in 2013
The strong
equity market of 2013 contributed to the asset class’ robust performance.
News
Russell Investments Rumored for Sale—Again
Once again, the allegedly troubled pairing of Russell and Northwestern Mutual is dogged by reports of a desire to split.
Korea SWF CIO Quits Mid-Term
The Korea Investment Corporation is looking for a new CIO, almost two years earlier than predicted.
Fines Threat for Dutch Pension Funds
The Dutch regulator has told pension funds to provide detailed costings or face a €1 million fine.
Insurers in the Dark over Real-Time Risk Exposure
A Towers Watson report has found few insurers monitor their risk appetite in real-time and most are not embedding it into their business model.
The Role of Manager Talent in Alternatives
Commonfund
found tremendous growth in the private equity and hedge fund markets over the
last 20 years and best performance in investments with top-tier managers.
CPPIB’s Chief Strategist Resigns for Private Sector Role
Donald Raymond, a senior vice-president, will step down in March to become CIO of Alignvest Management Corporation in Toronto.
National Pension Assets Help Ireland to Recovery
The Emerald Isle is using pension reserves to pull itself out of economic gloom.
Norway Renews US Real Estate Push
Norges Bank Investment Management has secured 45% of real estate venture with US giant Prologis.
ABP Dumps Investments in Fukushima Plant Operator
TEPCO has
been added to the Dutch pension’s exclusion list for failure to uphold ESG
standards.
CalSTRS CIO Appointed to UNPRI Board
The
ESG-focused initiative has selected Chris Ailman as the seventh member of its advisory
committee.
CalPERS to Vote on Final Stage of ALM Plan
Higher mandatory contributions will be the likely outcome for California’s public employers.
Local Government Funds Get Help on FX Fees
UK government pensions could save thousands in excess FX fees, Russell Investments has claimed.
Record Investment in European Venture Capital
Investors fly to Europe as small businesses take off.
North Carolina Pension Faces Forensic Investigation
An independent
firm has been hired to examine the $83 billion fund, including potential
violations of securities laws, corruption, and lack of transparency.