What's the Optimal Size of Hedge Funds?
Under the current fee structure, the optimal size for hedge fund performance differs substantially from the optimal size for managers’ compensation, a newly released academic paper concludes.
News Archive: Aug - 2012
The 9 Firms Most Exposed to Risky Multiemployer Pensions
A list, courtesy of ratings agency Fitch.
Preqin: Majority of Institutional Investors Bullish on Private Equity
A total of 65% of institutional investors expect private equities will deliver returns at least 4% over public markets, according to a new survey from data provider Preqin.
Strategic Investment Group Sells Majority Stake
Private-equity firm Friedman, Fleischer & Lowe has purchased a majority stake in institutional-investment outsourcing firm Strategic Investment Group.
Managers Shift Focus as Investors Turn From Emerging Markets
The emerging market consumer is still buying, but what – and for how much longer?
MassPRIM Aims to Cut Return Target to 8%
MassPRIM's board wants to reduce its assumed rate of return from 8.25% to 8%, and the state's treasurer is championing the change at the legislative level.
Fund Managers’ Pessimism on Eurozone Deepens
Investors are continuing to turn away from the Eurozone, a new survey from consultancy bfinance has found.
Is Norway Banking on the UK Shop-a-holic?
The largest asset pool in Europe might be about to buy into the UK’s love of shopping, but is now the right time as the economy looks unsteady?
Pension Deficit Sinks Scottish Cashmere Company
Shares of cashmere company Dawson International have been pulled from the LSE after negotiations failed with the Pension Protection Fund.
Louisiana Pension Sues Simon Property Board Over CEO Compensation
A Louisiana pension fund has claimed in a lawsuit that Simon Property Group directors improperly increased its CEO's compensation without seeking shareholder approval.
Happy Birthday, Credit Crunch! (and Where to Have Made Money Since it Started)
It is five years since the accepted start of the credit crunch began – but it has not been all doom and gloom.
Who's Deep Into Real Assets?
We have a list, courtesy of JP Morgan via S&P.
The High Price of Joining the ‘Sovereign Country Club’
Many new sovereign wealth funds are not well designed and are impinging on their home country’s economic development, a paper has argued.
Turning the Tables on 2-and-20
No longer are institutional investors willing to pay the generous fees private equity managers have traditional charged, according to a survey by financial data firm PEI.
Emails Fuel Accusations Over Treasury’s Role in Delphi Pension Termination
Internal emails from the Pension Benefit Guaranty Corporation have emerged that could pose tricky questions for the Treasury Department over its involvement in the decision to terminate Delphi Corp.’s non-union pension plan in 2009.