Platinum Partners Hedge Funds Charged with Fraud
Founder Mark Nordlicht and others were arrested Monday after misrepresenting performance and liquidity to fund investors.
News
Farmers Insurance Taps New CIO
Tom Rogers joins from Zurich Insurance, succeeding Karyn Williams.
Newsmakers
16 Signs You Were a CIO in 2016
Risk management started to mean, “How will my portfolio perform in a Mad Max Beyond Thunderdome scenario?”
Impact Investments Surpass $35 Billion
Assets grew by more than $10 billion in the last two years, with the bulk committed to private debt, found the Global Impacting Investing Network.
Moody’s Downgrades Asset Management Industry for 2017
Struggling active management performance and continued fee pressures were to blame for a negative outlook.
Are Large Equities Allocations Holding Back Pension Funds?
Closing funding gaps will require fewer liquid investments and more private assets, according to Cambridge Associates.
Newsmakers
Washington University’s Kim Walker Steps Down
Walker will be leaving the $7.5 billion endowment by the end of the year, while the university searches for her successor.
An Insider’s Perspective on the Yale Endowment
Former Yale investment committee chair Charles Ellis on David Swensen, crowding, and whether or not the Yale Model is broken.
Newsmakers
Is the Yale Model Broken?
Declining returns and current market conditions have some questioning the infallibility of the endowment model—pioneered and perfected by David Swensen—and looking to reinvent.
Newsmakers
Orange County Pension CIO Resigns
Girard Miller will be leaving his post effective January 5, 2017.
Columbia Endowment Names New CIO
Tim Donohue will replace Peter Holland following his promotion to CEO.
FEG Acquires Dallas-Based Consultant Larry Thompson & Associates
The merged group will advise $58 billion in assets and expand into four office locations.
Institutional Investors ‘Confident’ in Return Expectations
Asset owners surveyed by Fidelity reported strong chances of excess return despite market uncertainty.
The Great Asset Management Consolidation of 2016
With more than $9 billion in asset manager M&As already underway in 2016, consolidation has become—pun intended—quite a big deal.
PBGC Premiums Push Pensions Toward PRT, Lump Sums
Plan sponsors have “scrambled” to reduce their liabilities as a result of the rising premiums, according to NEPC.