PIMCO Names New Head of Alternatives Product Development
PIMCO's newly created role will expand the scope of alternative investment solutions for clients worldwide, the firm said in a statement.
News
CalPERS CIO: 7.75% Investment Return Will Be a Stretch 'For the Next Few Years'
Joe Dear, the investment chief of the California Public Employees’ Retirement System (CalPERS), has said a 7.75% return may be tough to meet.
Private Equity Surpasses Public Market, Report Reveals
New research shows that private equity outperforms public markets over the long-term.
CII Report: Institutional Investors Are Unhappy With Executive Pay
Drawing on interviews with investors on why they collectively voted against 37 companies whose pay plans fell short of majority support between January 1 and July 1, 2011, research by the Council of Institutional Investors has revealed that some 92% of institutional investors are unhappy with executive pay relating to performance at the companies they invest in.
Japan Encounters Calls for Creation of a Sovereign Wealth Fund
Seiji Maehara, Japan's ruling party's policy chief, has asserted that the country should set up a sovereign-wealth fund to fight the high yen.
Federal Judge Dismisses Lawsuit Brought by Ohio Pensions Against Big-Three Credit Agencies
A federal judge in Columbus has dismissed a lawsuit brought by Ohio’s five public pensions against Standard & Poor's, Moody's, and Fitch Ratings.
New York City Pensions Pursue Cash
New York City’s pension funds have upped their cash holdings to about 8% on average after selling some high-yield bonds and stocks.
South America, Asia: The Cat's Meow With Infrastructure Investment
New research by Preqin has found that investment consultants cite South America and Asia as attractive investment regions for infrastructure in the coming year.
Goldman Sachs Wins Dismissal of Lawsuit Over Billions in Bonuses
Goldman Sachs' board of directors has won the dismissal of a lawsuit seeking to recover billions of dollars of bonus payouts and other compensation awarded for 2009.
Study: Younger, Smaller Hedge Funds Outperform
A new study by PerTrac examines the impact of size and age on hedge fund returns.
PIMCO's El-Erian Envisions a European Recession
According to PIMCO's Mohamed El-Erian, European growth will stall over the coming year as volatility will persist.
First Pension Risk Transfer Database to Serve US Defined Benefit Plan Sponsors and Advisors
CAMRADATA Analytical Services has announced the launch of a new pension risk transfer (PRT) product database.
aiCIO Announces 2011 Asset Management/Servicing Award Winners
NISA Investment Advisors, Bridgewater, and RREEF are among the winners of the 2011 aiCIO Industry Innovation Awards.
aiCIO Announces 2011 Pension, E&F, and SWF Award Nominees
CalSTRS, the Ford Foundation, and the Canadian Pension Plan Investment Board are among the nominees for the 2011 Industry Innovation Awards.
UK Pensions Report Argues LDI Strategy Is Seriously Misconceived
A new report by Brighton Rock head of research Con Keating asserts that liability-driven investment is “fundamentally misconceived” among UK pensions as a result of hedging low interest rates.