Buffett CEO, CIO Succession Questions Flare Again
An upcoming Vanity Fair article further reveals the thinking
of Warren Buffett regarding who eventually will take control of his $100
billion portfolio.
News
As 2010 Ends, Good News on Pension Funding Ratios
Despite a lackluster year for pension funding ratios, Q4 and December figures show a rise in pension portfolio values and a decrease in liabilities.
Despite Insider Trading and FBI Raids, Hedge Funds Likely to See Inflows
At least one consulting firm is asserting that hedge funds –
especially smaller ones – will see capital coming in the doors in 2011.
South Korean Pension, Following Canadian and European Trends, Plans Private Equity Teams
The teams would be part of joint ventures with four local groups, and would aim to diversify the pension system’s bond-heavy portfolio.
At Close of 2010, Institutional Investor Confidence Rises
A State Street index that equates equity allocations with
confidence shows a global trend towards an increasing institutional risk appetite.
Rattner, the Big Fish of New York’s Pension Scandal, Settles with Cuomo
While denying any wrongdoing, Steve Rattner has agreed to
pay $10 million to settle charges that he and the firm he founded bought access
to New York’s Common Retirement Fund.
With Eight Hours to Go, Pittsburgh Finds Pension Solution – and Now Waits
The besieged city will have to wait – possibly until
September – to find out if their pension solution is accepted by the state,
avoiding a takeover.
New York, Ohio Funds Take Lead in BP Class Action
A ruling out of District Court also creates a sub-class of
claimants with more limited claims against the company.
aiCIO’s Year in Review: Daylight in the Garden of LDI
Why it’s important: Because liability-driven investment is the trend of the year – and maybe of the decade – for corporate pension plans.
aiCIO’s Year in Review: The Intricate Economics of (Outsourced) Investment Labor
Why it’s important: Because it’s a trend that crosses the
asset owning space from endowments to insurance funds – and because it’s here
to stay.
In Pittsburgh Pension Crisis, Another Proposal, and Rejection
With three days to go before a state takeover, another proposal (30 years of dedicated parking revenue) and rejection (by Mayor Luke Ravenstahl) in the search for a Pittsburgh pension solution.
aiCIO's Year in Review: A Profile of No One
Why it's important: Because nearly everywhere except America sees pension funds moving into environmental, social, and governance investing – and every year
this trend continues, America is left further behind.
aiCIO's Year in Review: Scandal! Third Party Marketers Continue to Wreak Havoc
Why it's important: Because we thought we were done with the placement agent
scandal a year ago – but boy, were we wrong.
aiCIO’s Year in Review: It's Raining in Pittsburgh
Why it's important: Not because Pittsburgh’s lost pension is unto itself an
essential story -- but because it is a canary in the coalmine for the entirety of
America’s public pension system.
Ontario Teachers’, CIC Headline Month of Institutional Cooperation
China Investment Corporation’s joint action on Indonesia
mining company Delta Dunia is the latest move in a month full of asset owner/private
equity cooperation.