Norway SWF Urged to Upgrade Oversight Before Diversifying
The Labor Party in Norway has called for the $880 billion Government Pension Fund—Global to up its governance game before moving into private equity and infrastructure.
News
Is the World Getting Riskier?
Wars, epidemics, and political turmoil—are they real threats to your investment portfolio?
Oregon Pension Begins Director Search
The $89 billion retirement system is on the hunt for a new leader.
Private Equity Distributions Hit Record High in 2013
Strong
equity markets and exit activity have resulted in a “positive momentum” in
private equity fundraising, Preqin has said.
Morningstar: Active Management’s Secular Decline
Passive
management is infiltrating untraditional arenas and no active manager is safe,
Morningstar has said.
Barings Hires Ex-Schroders CEO as CIO
Ken
Lambden, former chief of Schroders’ Australian business, will replace current
CIO Marino Valensise at Barings Asset Management.
Former OCIO Client Sues JP Morgan for Losses
Annual fees rose 475% while assets fell in value under the bank’s care, an endowment alleges.
Pension Systems Are Desperate for Reforms, Consultancy Says
Plan
sponsors must manage participants’ benefit expectations to contend with
diminishing financial resources, according to strategy firm EY.
Guest Column: A Better Tactic for Hedge Fund Analysis
The deputy CIO of Kentucky Retirement Systems on why (and how) volatility cones can help asset owners separate manager skill from luck.
Ex-Asset Owners Take Tops Jobs at Towers Watson, Lombard Odier
Both firms have named former pension investment staff to leading retirement-focused positions.
Investors Warming Up Again to Macro Hedge Funds?
After more than a year of sluggish interest, some signs point to macro strategies regaining popularity.
JP Morgan Sells Half of Private Equity Business
The
banking giant has reached a deal with two firms to sell 50% of One Equity
Partners as it continues “pruning” unnecessary divisions.
IMF Urges SWF for China’s Casino City
Gambling
money has been flooding into Macau—and the IMF wants it managed properly.
Fake Suicide, Prison Abuse Claims Won't Keep Ponzi Schemer from Jail
The founder of Bayou Hedge Fund Group—a $450 million fraud—has once again failed to give his felony sentence the slip.
Harvard Loses CFO Dan Shore
Shore,
who has served as the university’s finance chief for six years, is the latest
of a series of high-level financial officers to make their exits.