De-Risking Pioneer Named UK Wealth Fund Guru
The Mayor of London has appointed Edi Truell to lead his vision of a citizens’ wealth fund.
News
The Myth of Cheaper Liability Hedges
Don’t hold out for cheaper liability hedges that may never materialize, Redington warns.
The Case Against Hedge Fund Managers
Most funds are actually passive—not unlike alternative beta strategies—and even fail to deliver superior performance over the long term, according to recent research.
Liquid Investments: AP4 Hunts for Sustainable Water Manager
One of Europe’s most innovative pension funds is expanding its environmental focus.
Are Your Managers Insured against the SEC?
Insurers are bolstering coverage for asset managers against the US regulator’s clampdown on the sector.
The Benchmark Causing Headaches for High Yield Investors
Indexes focused on downgraded emerging market corporates could cause high yield bond investors problems, a manager has warned.
Why Location Matters for Real Estate Funds
London and New York are prime locations for outperforming real estate funds, according to Preqin.
FTSE 100 Groups Face ‘Significant’ Pension Risk
UK companies are cutting pension contributions even as deficits spiral, a report has found.
Amundi CIO Joins 300 Club
The iconoclastic think tank inducts its 17th member.
Cantor Fitzgerald Charges into Transition Management
With four major new hires from the ex-JP Morgan team, the US brokerage aims to fill a vacuum left by several high-profile provider exits.
Citigroup To Settle HF Fraud Lawsuit for $13.5M
The bank allegedly deceived investors on the state of its liquidated corporate special opportunities hedge fund in 2007, according to court documents.
Insurer Sued Over Fees for Funds it Doesn’t Manage
Investors are unhappy with fees charged by State Farm Investment Management for target-date funds run by BlackRock.
Private Debt Funds Awash with Cash, Not Opportunities
More private debt fund managers are open to co-investment with institutions as competition in the sector increases.
Guggenheim Fined $20M for Conflict of Interest Charges
The firm’s subsidiary, Guggenheim Partners Investment Management, failed to report a $50 million loan from a client to a senior executive in 2010, the SEC said.
Farmers Insurance Names Karyn Williams as CIO
The current head of insurance investments is expected to lead all investment operations effective September 1.