Emerging Country Debt: The Archetype for Active Management, GMO Says
When it comes to emerging country debt, opportunity for active management abounds, according to a whitepaper by GMO.
News
Senators, Prime Ministers–and Texas Teachers' CIO–Attend Bilderberg Conference
Britt Harris, the chief investment officer of the Teacher Retirement System of Texas, is taking part in the exclusive Bilderberg Meetings, an historically secretive conference that has encountered scrutiny and backlash for allegedly aggregating only the rich and powerful.
Oregon Pension Commits to KKR Asian Private Equity Fund
In the latest sign that private equity investing is flourishing, a public pension in Oregon made a further commitment to an Asian private equity fund operated by KKR.
Three Cheers for Local Gov't Pension Scheme. Now What?
Unions and employers have agreed a new deal for local government pensions – all they have to do now is implement it.
Preqin: Emerging Market Real Estate Investors Go Local
There is a shift toward investors committing to local emerging market fund managers, data firm Preqin has found.
Attorney General Investigates Dartmouth Endowment Mismanagement Claims
Dartmouth College is busy defending itself after anonymous accusations point to mismanagement and conflicts of interest at the endowment.
Pension Taps Water Co for Inflation-Linked Returns
Did someone say ‘illiquid asset’? A UK pension fund has bought into a water company for the long-term inflation link.
Risk Parity Skeptic Says Leverage Has Limits
Thought risk parity was the right thing for your portfolio? Maybe there’s another side to the story.
How Much More ‘Risk Off’ Can Investors Get?
Investors have already pulled out of developed and emerging market equities, and now they are moving out of the lower tranches of fixed income – how much further is there to go?
Surprise! This Public Pension Isn't Complaining
CIO Profile: Dhvani Shah, Chief Investment Officer at the Illinois Municipal Retirement Fund, speaks with aiCIO about how the scheme's well-funded position allows it to harness its investing power.
Paper on Market Forecasting Wins AQR Award
AQR Capital Management has presented its first annual AQR Insight Award to Bryan Kelly, Ph.D., of the University of Chicago Booth School of Business and Seth Pruitt, Ph.D., of the Federal Reserve Board of Governors for their unpublished research in predicting market returns more accurately over one-month and one-year time horizons.
Towers Watson ‘Delegated Investment’ Assets on the Rise
Pension funds are delegating more and more investment decisions - are consultants picking up more business than asset managers?
Illinois Fund OKs State Street, Others for Transition Management
The Board of Trustees of the Illinois Teachers’ Retirement System has approved the hiring of State Street Global Markets, JP Morgan, Credit Suisse, Citi Group, and Loop Capitol to handle transition management services.
An Alternative QE3?
The International Monetary Fund agreed that Quantitative Easing is working in the UK, but there could be another way for the economy to be supported without pensions feeling the pain?
How to Manage Risk Better – or the JP Morgan ‘Surprise’
No one likes surprises - at least in finance – so MSCI has set out guidance on how to best avoid them.