Steven Cohen Barred From Commodities Until 2018
Another US regulator adds to the restrictions faced by the hedge fund manager following insider-trading charges.
News
FEG Bolsters OCIO with New Asset Owner Hire
Ex-CIO of Southern Methodist University has joined the Cincinnati, Ohio-based consultant and OCIO.
Are E&F Investors Abandoning Hedge Funds?
Endowments and foundations are the latest investor group to put pressure on the traditional hedge fund model.
On Inflation, Prepare for the Unexpected
Even in low-inflation environments, portfolios remain at risk of inflation surprises, argues Meketa.
Public Pension Chief Exits for Consultant Role
JLT Employee Benefits hires a UK local government pension chief for its new public sector project.
Russell: Pensions Still Reeling from 2008
Record-low interest rates have wiped out any gains from asset price recovery, writes Chief Research Strategist Bob Collie.
LPs Not Fooled by Inflated PE Valuations
Underperforming private equity firms often overstate portfolio values when launching new funds, a study has found—but investors don’t fall for it.
An End for Consultant Manager Selection?
As UK public pensions prepare to pool their investments, pension consultants are rethinking their propositions.
GMO: Now is the Time for Hedge Funds
Recent poor performance should be recognized as a signal of better days to come, not a reason to divest, argues Ben Inker.
Energy Firm Seals £1B Longevity Swap
Abbey Life backs the transaction, covering 4,000 UK pensioners.
Yale, MIT, NYU Sued Over DC Fees
Each of the three universities is facing litigation over “excessive” fees in their employee retirement plans.
OCIO Hirtle Callaghan Names New CEO
Ex-Bridgewater strategist and former NYC pension advisor will take the helm of the OCIO firm.
Debunking Private Equity Performance
Researchers from the Abu Dhabi Investment Authority and the Canada Pension Plan Investment Board suggest a better benchmark for evaluating buyout funds.
The ‘Mirage’ of Relative Performance
Relative performance results offer little insight into manager skill, writes Morningstar’s research VP.
Time for a New Liability Measure?
Spiraling deficits indicate a change to traditional methods is necessary, argues one asset manager.