GMO: The Financial World Uses 'Busted Models'
"There is much we could learn from physics," says James Montier of GMO, commenting on the flaws of the financial world.
News Archive: May - 2012
Are Asset Drawdowns the Biggest Threats to CIOs, Fund Managers?
Investors are focused on the wrong objective, trying to keep up with indexes as opposed to trying to minimize volatility by limiting drawdowns, asset owners and managers say.
Japanese Pension Takes Country’s First Gold Allocation
As ‘risk-free’ becomes a misnomer, one Japanese investor has turned to an alternative safe-haven to ride out the storm.
Largest Investors Pursue China's Greater Open Door Policy
Some of the world's largest investors have signed up to take a bigger stake in China's growing economic boom.
Canada Pension Boss Calls for UK Funds to Unite Over Infrastructure
The UK is ripe for infrastructure investment, and if its own pension funds don’t step up to the plate, others will.
Risk (Even Further) Off as Investors Await Government Stimulus
Investors are sitting on their hands and waiting for governments to take action to kick-start global economies, a fund manager survey has revealed.
Maryland Foundation Names New CIO
The University System of Maryland foundation has named Samuel N. Gallo as its new Chief Investment Officer.
Pension Funds Failing to Take Hedging Plunge
Longevity, inflation, and investment risks are the biggest fears for pension fund trustees, so why are so many failing to address them?
Seeking Diversification, Inflation Hedge, TIAA-CREF Expands Into Agriculture
TIAA-CREF has announced a $2 billion global agriculture company, with macroeconomic conditions expected to drive long-term demand in agriculture.
New York Pension Invests in Tech
New York State's pension fund pushes further into the technology sector claiming market-beating annual returns.
MassPRIM CIO on Shedding Fund-of-Funds: A Liquidity Reality Check
Arden Asset Management is likely losing its mandate to manage MassPRIM's hedge fund allocation as a fund-of fund manager, but it has assumed a new role for the scheme, helping to transition the scheme's hedge fund assets to direct investments.
Counterparty Risk Thrust Back in Spotlight After JP Morgan Loss
Despite the ruckus over new banking regulations, investors should not think these 'trusted partners' are 100% safe, market specialists have been warned.
Investors Turn Cold on Commodities, Emerging Markets
The darlings of institutional investors last year, commodities and emerging market stocks have fallen from grace this year as economic turmoil continues to wreak havoc on markets.
SEC Charges Former Detroit Pension Officials With Influence Peddling
The Securities and Exchange Commission has charged former Detroit officials, along with an investment adviser to the city's pension funds, with participating in an influence peddling scheme.
CIC President: Sovereign Wealth Fund Halts Purchase of European Debt
Concerns over continued crisis in the Eurozone have caused the China Investment Corp to discontinue its purchase of European government debt.