A preliminary study in Canada shows that while research has shown
that funds with published investment beliefs achieve better risk
adjusted results, a majority of funds are secretive about their
investments.
The executive director of the Massachusetts Pension Reserves
Investment Management Board (MassPRIM) is stepping down next month, a
treasury staffer said Monday.
Citing a $19.1 billion budget deficit, the largest US public pension
delays taking hundreds of millions of dollars more from the state to
pay for employee retirement benefits next year.
Global custodians remain the largest vendors of performance
measurement services to institutional investors, yet more and more
investment management consultants are able to provide the same services.
A survey from IE Consulting
shows a majority of pensions believe misalignment of interests with
their private equity managers (GPs) had become more apparent during the
crisis.
1Malaysia Development Bhd
(1MDB) and Qatar Investment Authority (QIA) will pursue a partnership to
capitalize on opportunities in the energy and real estate sectors in
Malaysia's Klang Valley.
The New York-based retirement plan provider is looking for money
managers from colleges and foundations and may announce the initiative
as soon as this week.
Most institutional investors intend to either maintain or increase
their allocation to private equity in 2010, according to research by SL
Capital Partners.