Caxton Founders Retire, Tap CIO as Successor
Caxton Associates co-founders Bruce Kovner and Peter D'Angelo are retiring from the $10 billion hedge fund, and will be succeeded by Chief Investment Officer Andrew Law.
News
Aon Hewitt: One in Five UK Pensions Delegate Investment Decisions
A survey of 299 pension trustees and pension managers conducted by Aon Hewitt shows that nearly one in five pension schemes currently delegate investment decisionmaking to a third-party provider.
Preqin: Liquidity Tops Concerns Among Institutional Hedge Fund Investors
A recent study by Preqin has revealed that liquidity is leading concern of institutional hedge fund investors, with all institutional investors having maintained or increased their liquidity requirements since 2008.
Following Obama's Infrastructure Push, CalPERS Echos Commitment to Asset Class
The California Public Employees’ Retirement System (CalPERS) has targeted $800 million for investment in California Infrastructure.
Little-Known Hedge Fund Manager Joins Buffett's Berkshire Hathaway
Warren Buffett has chosen a second little-known hedge-fund manager to handle a portion of Berkshire Hathaway Inc.'s colossal investment portfolio.
Hedge Funds Suffer August Declines, Surrendering 2011 Gains
According to data released today by Hedge Fund Research (HFR), performance weakness in the hedge fund industry has been concentrated in Equity Hedge and Event-Driven strategies.
Survey: Asset Managers Fret Over High-Frequency Trading
A new study of 630 institutional asset management firms shows that more than two-thirds of respondents are worried about the impact of high frequency trading (HFT) on equities markets.
Polio, Covered Bridges—and Pension Buy-Ins
From aiCIO Magazine's Fall 2011 Issue: Prudential executes the first American pension buy-in. What’s next?
Awkward Question: Can Dying Pensioners Save Pension Investing?
From aiCIO Magazine's Fall 2011 Issue: Life Settlement Assets may make people uncomfortable – but they also may save corporate pensions.
Paulson’s Big Short
From aiCIO Magazine's Fall 2011 Issue: Following a disastrous summer for his hedge fund, is now the time to go long John Paulson?
Betting on a Sand State Revival?
From aiCIO Magazine's Fall 2011 Issue: One public pension considers in-kind contributions.
Buy Lists: How the Sausage Is Made
The Consultant Corner From aiCIO Magazine's Fall 2011 Issue: Are buy lists constructed in a fair and reasonable way? Or, is there more that goes on behind closed doors?
With LDI to the Fore, It’s NISA Time
From aiCIO Magazine's Fall 2011 Issue: Every decade produces an investment manager that captures the spirit of its times. To come to terms with the elephant in the room in the risk-averse world of corporate pension plans, look no further than St. Louis, Missouri.
Establishment Series: The Who’s Who, Transition Management Edition
From aiCIO Magazine's Fall 2011 Issue: The who’s who of transition management.
Roland Lescure Thinks Diversification Is an Illusion
From aiCIO Magazine's Fall 2011 Issue: Montreal-based Roland Lescure—Chief Investment Officer for the US$152 billion Caisse de Dépôt et Placement du Québec—talks with aiCIO about diversification, its failings, and what this means for investment circa 2011.