From aiCIO Magazine's April Issue: The transition among chief investment officers from the corporate and public pension space into the endowment world are increasingly numerous as the strains within the pension arena intensify.
The former CEO of the California Public Employees’ Retirement System has been sued by the Securities and Exchange Commission over claims he defrauded an investment firm into paying $20 million in fees to a friend’s placement agencies.
Japanese corporate pension funds have adjusted their portfolios to respond to the rapidly changing market environment, allocating more heavily to alternatives and emerging markets, according to a survey by JP Morgan Asset Management.
The leaders of the Kodak and San Bernardino County pension systems, along with two others, have won the Edward D. Baker III Journal Award from the Investment Management Consultants Association for their paper on dynamic beta.
Low-volatility equity strategies are a realistic and common sense approach to target a reduction of risk while not necessarily sacrificing long-term returns, says Adrian Banner, Ph.D., Chief Investment Officer at INTECH Investment Management.