Ex-CEO of BP Pension Trustees Joins 300 Club
Called “a
stalwart of the UK pensions industry,” Sally Bridgeland has been inducted into
a group that challenges the current investment landscape.
News
Texas A&M Drops Fund Evaluation Group for LCG
The private consulting firm beat out 18 competitors to help manage Texas A&M’s $3.66 billion investment program.
Former ConvergEx Executive Charged with Fraud
Anthony Blumberg “directed a culture of deception and greed” at the offshore broker-dealer, according to an SEC enforcer.
Weeding Out False Factors for Smarter Beta
New and exotic factors are
less likely to earn excess returns or perform persistently, researchers have said.
SWF to Buy Out Malaysia Airlines
The
Malaysian government has said it would pay $437 million as part of a “holistic
restructuring plan” following the airline’s recent tragedies.
Manager Bonanza at CIC
The largest sovereign fund in Asia has bucked the international trend of bringing investment capability in house.
Norway Steps Up Investor Pressure
The world’s largest owner of listed stocks appears to mean business on corporate governance.
KKR, Blackstone, TPG Settle Collusion Suit for $325M
Carlyle
Group remains the sole defendant facing trial for allegedly limiting
competition in leveraged buyout deals before the financial crisis.
UAW Health Trust Loses Alts Specialist to Hedge Fund
After less than a year, Marina Mekhlis has left the $50-plus billion fund for GoldenTree Asset Management.
SAUL Appoints CEO Successor to Green
The pension and administration group has appointed a new commander-in-chief.
How Rate Increases Could Push Liabilities Higher
As with so much in finance, it’s about looking to the long term.
How to Capture Alpha through Beta
Alpha and
skill are not synonymous, and what was once alpha can be acquired as beta,
according to Towers Watson.
McKinsey: Alternatives Are Now Mainstream
Investors
facing “structural forces” will increasingly turn to alternatives for values “beyond
alpha,” McKinsey & Co. has said.
UK Pensions Get Trigger Happy
Equity funds need to find new buyers as the UK’s largest pensions move out of the market.
Profile: Troubleshooting Short-Termism, One Country at a Time
The UK’s asset management trade body is opening its doors to institutions beyond its shores to help “make investment better”.