Bad Habits in Asset Allocation
When does return momentum succumb to mean-reversion? Sooner than most investors expect, according to Andrew Ang and two fellow researchers.
An internal candidate will take over the top job when the current chief retires, while the University of Florida has appointed a new CIO.
State and municipal pension funding levels have declined rapidly since 2004.
Motorola Solutions has agreed to offload $3 billion in pension liabilities to Prudential.
After wildly varying hedge fund performance in 2013, managers have struggled to be different this year.
Using external managers is falling increasingly out of fashion Down Under.
Heirs of the oil tycoon have joined 180 other institutions representing more than $50 billion in the global divestment movement.