Oberlin Endowment Chair Charged with Fraud
His hedge fund AlphaBridge fabricated asset valuations and overcharged clients, the SEC alleges.
News
NEST Appoints New CEO
Helen Dean is to succeed Tim Jones at the helm of the UK’s national, multi-employer defined contribution pension.
£10B UK Pension Partnership Gets Green Light
London and Lancashire pensions have set their sights on an April 2016 launch date for their innovative new venture.
Dutch Pension Halves Cost with Passive Approach
Ditching hedge funds and focusing on simpler investment approaches helped PME cut costs dramatically in five years.
Investors Call Time on Unlisted Infrastructure Funds
Assets, funds, and transactions are down in the sector after a bumper start to the decade.
On a (Pensions) Road to Nowhere
CIO Europe’s Nick Reeve on a pension road trip that ended in a borrowed consultant’s office in Bristol.
CalPERS' Manager Cull to Hit Real Estate
America’s largest pension will turn its axe on up to $3 billion of real estate assets.
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?
The Big Smoke or the Big Apple?
Does it matter where your hedge funds are based? The performance numbers say it does.
Are Investors’ Expectations Being Met?
Investors are putting their faith in outsourcing—but how many really know what they are getting?
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.