European Elections Bring Uncertainty for Institutional Investors
The Netherlands, France and Germany will hold elections leveraging populist influence.
News Archive: Jan - 2017
Study Shows Pension Fund Assets Grow by 4.3% in 2016
China shows highest growth at 20.3% in enterprise annuity assets.
Terra Firma’s Hands Acquires McDonalds’ Nordic Restaurants
Guy Hands to run businesses with his wife and family.
Iron Workers Multiemployer Plan Approves Benefit Cuts
The insolvent $85 million pension fund is the first multiemployer plan to reduce benefits for current retirees.
Och-Ziff Execs Charged with Spearheading African Bribery Scheme
Michael Cohen and Vanja Baros were “masterminds” behind the hedge fund’s alleged corruption, the SEC claimed.
How Does Trump’s Regulation Freeze Affect Asset Management?
The freeze puts increased focus on asset managers, their systemic risks, and the Department of Labor’s fiduciary rule.
NYC Pension Names Two Deputy CIOs
The New York City Bureau of Asset Management promoted Alex Doñé and Michael Haddad to the deputy roles.
Harvard Endowment to Cut Staff by Half, Outsource Investments
CEO Narv Narvekar has begun his overhaul of the $35.7 billion endowment.
The Smart Beta Balancing Act
Maximizing factor-investing returns only over the long-term can put CIOs at risk of being fired over short-term performance, Research Affiliates argues.
Alcatel-Lucent Completes Second Buy-In
The telecommunications company has insured an additional $125 million of its UK pension plan.
GMO Appoints New CEO from QMA
Scott Hayward will take the helm of the value-investing firm come February 13.
Abu Dhabi Creates $125B SWF
Mubadala Development Company and International Petroleum Investment Company will join forces as Mubadala Investment Company.
New Mexico SWF Loses Private Equity Head
Portfolio strategist David Lee has been named acting director following the retirement of Greg Kulka.
Public Pension Return Assumptions Haven’t Budged: Survey
Average actuarial assumed rates of return remained stagnant at 7.5% last year despite two-fifths of pensions lowering expectations.
Scaramucci Sells SkyBridge to Join Trump Administration
The hedge fund-of-funds’ investment team will remain intact, while the annual SALT conference will be spun out.