Iowa Pension Condemns Deloitte for Allegedly Ignoring Ponzi
The Iowa Public Employees Retirement System is claiming that auditors overlooked a $553 million Ponzi scheme by issuing falsely clean audit reports.
The Iowa Public Employees Retirement System is claiming that auditors overlooked a $553 million Ponzi scheme by issuing falsely clean audit reports.
The head of alternative investments at New Jersey’s $70 billion state pension system, Christine Pastore, has stepped down.
Since no standard exists for benchmarking the performance of unlisted infrastructure investments, institutional investors must choose a benchmark with “tolerable imperfections.”
Davanzo, who was brought back to Wilshire in 2004 to in part sell the company, has resigned effective end of the month.
Limited partners are increasingly keen to co-Invest with private equity fund managers, according to a study by Preqin.
FX Concepts is not the firm it used to be as it suffers a drain in assets under management, investing executives, and company morale, former employees at FX Concepts tell aiCIO.
BNY Mellon and State Street are being replaced by JPMorgan & Chase and Citigroup as custodians for four Ohio pension funds.