NJ Sen. Seeks to Ban Pensions from Hedge Fund Investments
A bill that would prohibit New Jersey's public pension funds from investing in hedge funds or derivative contracts is currently winding its way through the Legislature.
News
Outsourcing Boosts Consultants’ Hedge Fund Power
Fiduciary management, outsourcing or delegated investment – whatever you call it, it’s growing across all sectors.
Power: The Squandered Asset?
A paper by two Norwegian institutional investment experts argues that asset owners should get active in corporate governance.
SEC Charges Hedge Fund Managers With Fraud
The Securities and Exchange Commission is shaking its finger at a pair of hedge fund managers for allegedly defrauding investors--and charging them.
Moody's: Harvard's Endowment Returns Signal Dark Clouds
Harvard's flat returns on its $30.7 billion endowment, the largest of any educational endowment worldwide, is a sign that other endowments are in trouble, rating agency Moody's has said.
Investors Turn Icy on Active Equity Funds
Investors do not want to pay for active fund management returns – not for equities anyway.
Institutional Managers: Romney or Obama, US Markets to Rise
Whatever the election outcome, a Northern Trust survey showed managers are bullish on the United States’ housing and equity markets.
Franklin Templeton: The Global Economy Is Like a Line of Dominos
Central banks have taken actions to boost economic growth and prime the "liquidity pump," but how will investors react?
Are Sovereign Wealth Funds Different?
Yes—when investing short-term, according to a study by two Italian researchers.
QE, Poor Returns, and Social Unrest
Thought Quantitative Easing was just harming government bond yields? Think again.
Endowment Investors Might Learn a Lot From Keynes
Keynes made a major contribution to the development of professional asset management, and today's investors should take heed, a newly published paper asserts.
Caisse Sells Back $1.5 Billion Stake in Media Firm
After acquiring nearly half of Quebecor in 2000, the Caisse is selling back half its shares despite solid returns.
Wanted: Bond Manager (New Skills Required)
Higher conviction and more defaults, the “new normal” for fixed-income investors.
Florida Pension Suffers $19.2B Funding Hole; Maintains 7.75% Assumptions
Despite the Florida Retirement System facing a massive underfunding shortfall, the scheme will retain its 7.75% investment return assumption.
Report Pins Swiss Pension’s Shortfall on Manager ‘Misconduct’
BVK, Switzerland’s largest pension fund, suffered losses due to unsound investment practices, a parliamentary investigation has found.