Risk On, Brain Power Up
Dealing with funding shortfalls will require greater risks, but many pension professionals are worried their funds don’t have the knowledge base needed.
News
$5B Hedge Funds-of-Funds Aurora to Liquidate
The Chicago-based hedge fund investor said it would return capital to clients after an acquisition deal fell through last week.
The Great Canadian Pension Fight
When is big too big for pension plans? A Canadian think tank takes on the idea of mega-funds.
SWFs ‘Not to Blame for Equity Crash’
An independent think tank claims sovereign wealth funds are unlikely to have been forced sellers.
How to Build Smart Beta 2.0
Tilting an already tilted portfolio can result in higher active share as well as better factor combinations, according to Morningstar.
Public Pensions Still Hungry for Hedge Funds
In choosing to liquidate their hedge fund portfolios, CalPERS and NYCERS are the exception, not the rule, according to Preqin.
In-House Expertise Lacking at Health Care Funds
Tight budgets and small internal teams cause health and hospital systems to rely on outside consultants and OCIOs, according to Cerulli Associates.
Don’t Try to Time Factors, Says Cliff Asness
The AQR founder argues there’s little benefit in timing factors as long as value spreads remain within normal historical ranges.
GIC Reshuffles Leadership, Adds New CIOs
The sovereign fund has named Group CIO Lim Chow Kiat as deputy president, effective June 1.
NY Nurses' Pension Names New CIO
The $3 billion pension fund has chosen a new investment chief following Russ Niemie's exit.
Forty Under Forty All Stars
Five alumni from the class of 2012 that made us look the smartest.
Cornell Picks IMF Investment Chief as CIO
Kenneth Miranda will begin his post at the $6 billion endowment on July 1.
Wells Fargo Taps SSGA’s Mitchem for Asset Management CEO
Kristi Mitchem is to leave State Street after six years.
BlackRock Nets £2.8B Pooled Mandate for Welsh Public Pensions
The world’s biggest asset manager has pushed out Legal & General and State Street.
Philadelphia Pension CIO to Depart
Brad Woolworth is leaving the $5 billion pension fund after just a year as investment chief.