News Archive: Dec - 2012

The Year of Secret Capital

Editorial Comment: Is 2013 the year that secret capital—the assets of pensions, endowments, foundations, insurance and sovereign funds that buoy global markets—gets its due?

The Messy Interior of a Public Pension

The ambitious, tedious, and (semi-) democratic process of running a US public fund, via the microcosm of one investment board meeting of the New York City Employees’ Retirement System.

Does the Endowment Model Need a Makeover?

William Jarvis, managing director of the Commonfund Institute, speaks with aiCIO's Paula Vasan about the endowment model of investing, and how the model should be applied following lessons of the financial crisis.