LSE to Sell Russell's Investment Management Business
After an extensive review, the London Stock Exchange has decided to sell Russell’s investment management business and keep its indexes.
News
CalPERS Names New Chief of Real Assets
Paul Mouchakkaa will succeed now-CIO Ted Eliopoulos to lead the pension plan’s $29.6 billion real asset portfolio.
Diversification: From Free Lunch to Greedy Fee-Eater?
Even for the largest investors, using more than one basket could be costing you the price of the eggs, a research paper has claimed.
European Pensions Off the Hook on Derivatives Clearing
European pensions have been given two more years before new rules regarding the trading of derivatives apply to them.
California Pensions to Recover $320M from S&P
The settlements relate to the rating agency’s treatment of mortgage-backed securities before the financial crisis.
Guggenheim Sells Hedge Fund Unit
Guggenheim Global Trading’s managing partners and Mark Standish, former Co-CEO of RBC Capital Markets, have bought the multi-strategy hedge fund.
PPF Appoints Chief Risk Officer
A former Royal Bank of Scotland and ABN Amro risk management chief takes on a “crucial” role at the UK’s DB lifeboat fund.
Europe: Your Top Destination for Sustainable Investment
European equity managers have embraced ESG investing the most, research has found, while US asset owners are becoming more interested in responsible mandates.
E&Fs Put Faith in Alts, Wind Down Equities
Moderation is key to asset allocation in 2015, according to NEPC.
Asset Managers Break Promises on Responsible Investment
A new report has shown damning evidence of shortfalls in reporting and compliance with the UK’s Stewardship Code for investors.
How to Bankrupt a Plan Sponsor (Hint: Not with an Underfunded DB Plan)
A specific exposure common in DC plans—but almost unheard of for corporate pensions—most strongly predicts future financial distress, researchers have found.
The Great Deflation Delusion
Deflation is a modern invention—and investors need not be terrified of it, according to one eminent economist.
How Skillful Is Your Hedge Fund Manager?
There are three identifiable skills that tend to lead to future outperformance, according to Novus.
Must Try Harder: Long-Termism and Governance Still Lacking, Study Finds
Investors are paying lip service to long-term investing and there is room for significant improvement across the board, say two influential consultants.
U. California Stacks Talent with Another CIO Hire
Following an international search, UC has hired Sacramento County CIO Scott Chan to lead the $90 billion system’s public equity portfolio.