CalPERS' Manager Cull to Hit Real Estate
America’s largest pension will turn its axe on up to $3 billion of real estate assets.
News Archive: Jun - 2015
Gross Questions PIMCO’s Stability
The ex-bond king says it doesn’t make sense for PIMCO to use derivatives to manage liquidity and outflows from funds.
Newsmakers
London versus Laos
Should allocators go with local talent they know—or talent local to what they own?
Are Investors’ Expectations Being Met?
Investors are putting their faith in outsourcing—but how many really know what they are getting?
The Big Smoke or the Big Apple?
Does it matter where your hedge funds are based? The performance numbers say it does.
Global Alts to Break $15T in Five Years, PwC Says
Sovereign wealth funds are likely to be the main driver of growth in alternative assets, a report claims.
Towers Watson to Merge with Willis Group
“Cost synergies” are promised as the consultancy giant teams up with insurance broker Willis.
KKR Fined $30M for Breach of Fiduciary Duty
The SEC said the private equity powerhouse unfairly charged its limited partners $17 million in fees for failed buyout deals over six years.
The Art of Getting a Better Deal
CIO’s European Editor on why knowing what you’re getting into costs less than getting out of it.
Newsmakers
Do You Know What You’re Signing?
Do you know what you’re signing? Because when it comes to asset management contracts, most of you don’t.
Prudential and PIC in Longevity Reinsurance Deal
The de-risking giants have sealed a major pan-Atlantic longevity transaction.
What Is Your Non-Asset Manager Doing for You?
Alpha, schmalpha—CIO looks at where you could really lose and gain money. And it's not your stock-picking.
Newsmakers
American Failure
The 401(k) is hailed as the future, but it’s horribly flawed. A select few firms are trying to change that.
When (Not) to Buy a Hedge Fund
Why it could pay to consult a calendar before committing to a hedge fund.
We’re Not ATMs, Pensions Warn Politicians
Dutch pension giants APG and PGGM have set out how European policymakers can get investor support for increased local investment.