In the latest regulatory headache for the UK bank, Barclays has disclosed that the Financial Services Authority is investigating four current and former employees for possible improprieties involved with fundraising in 2008 from a sovereign wealth fund.
As ‘risk’ continues to be the theme of the day, a seasoned veteran takes up a new post to oversee and control it at an independent securities lending firm.
The $6.5 billion Wyoming Retirement System's John Johnson and Jeffrey Straayer say that fee structures for fund managers need to shift control into the hands of asset owners -- the chief investment officers and other investing heads of pensions.
In an effort to shield itself from short-term market movements, the China Investment Corporation is increasingly shifting away from stocks, according to the sovereign wealth fund's recently released 2011 annual report.