Danish Regulator Ups Alts Reporting Requirements
Pension funds will have to disclose hedge fund, private equity, and infrastructure exposure on a quarterly basis as Denmark grapples with “prudent person” guidelines.
Regulation
Sued OCIO Fights Back
JP Morgan has asked a judge to throw out a case because it claims it had full discretion over investment choices.
Goldman Accused Over ‘Unsuitable’ Derivatives Trades
Libya’s sovereign wealth fund is chasing Goldman Sachs to recoup more than $1 billion.
CalPERS Refutes Judgement to Let Stockton Walk Away
A bankruptcy judge has verbally ruled that CalPERS is no more important than other creditors.
PIMCO’s Annus Horribilis Continues
A reported SEC investigation is just the latest blow to the fixed income giant.
Anatomy of a Questionable Scandal: NJ Pension Accused of Pay-to-Play
New Jersey’s no-holds-barred politics have swept up the state pension fund, as a union lobs claims of impropriety at the board chairman. Leanna Orr investigates.
Carlyle Ends Collusion Suit with $115M Settlement
The total settlement from seven private equity firms amounted to almost $600 million.
Former SAC Manager Handed Nine-Year Jail Term
Mathew Martoma is the seventh ex-SAC Capital employee to be convicted of insider trading.
Harvard, CalPERS, MIT, Caught in PE Scandal
Vector Capital, meant to be a technology fund, partly owns an offshore loan business charging customers 600% interest.
Alaska Pension, McDonalds Lawyer Up
Lawyers on either side of the Bering Strait are readying for legal battles involving pension funds.
LGIM: Central Banks Are Wrong on Inflation
A Legal & General Investment Management economist thinks the Fed and Bank of England are fundamentally wrong.
NC Pension Accused of Pay-to-Play Violations
An
employee union filed a whistleblower complaint with the SEC regarding the pension system’s sole fiduciary: State Treasurer Janet Cowell.
Russia Mulls Ring-Fencing SWF from Sanctions
Could geopolitics hit global co-investors in Russia?
SEC Passes Tougher Rules for Asset-Backed Securities
The US
regulator has adopted stricter disclosure rules to bring about increased
transparency in the ABS market.
How Much Will Pension Smoothing Alter Your Plan?
Plan
sponsors should consider the fit of funding relief within current investment strategy before undertaking more risk, according to Cambridge Associates.