Arizona and Alaska Funds Shift Allocations
While the Arizona system has added three new allocations, the Alaskan
SWF will commit $600 million to private equity.
News
CalSTRS Seeks Commodity Investments
The US's second-largest public pension fund is eying commodity
investments as a hedge against the risk of inflation.
China National Pension Fund Adviser Zhang Plans Hedge Fund
An adviser to China’s enormous state pension fund is planning to
return to the hedge fund world by forming JT Capital Management, a
China-focused fund.
Funds Should Be Transparent About Investments for Greater Returns
A preliminary study in Canada shows that while research has shown
that funds with published investment beliefs achieve better risk
adjusted results, a majority of funds are secretive about their
investments.
RBS Nears $500 Million Sale of Private Equity Assets
Dutch fund of funds Alpinvest is
close to taking over Royal Bank of Scotland’s European private equity
fund portfolio.
MassPRIM's Travaglini to Quit Pension Fund
The executive director of the Massachusetts Pension Reserves
Investment Management Board (MassPRIM) is stepping down next month, a
treasury staffer said Monday.
London Pension Fund Targets Real Estate
London's multibillion public pension fund confirmed it was
considering investments in residential property.
Report Says Harvard Endowment Losses Deepened Crisis
A new report says Harvard University and five of its New England
peers took too much risk and accelerated the financial crisis.
China Pension Invests $2.2 Billion in AgriBank
China’s national pension fund invested more than 15 billion yuan
($2.2 billion) to become Agricultural Bank of China’s third-largest
holder.
The Pensions Trust to Review Investment Strategy With New CIO
David Adkins has been appointed as the trust's chief investment
officer.
CalPERS Delays $600 Million More From State
Citing a $19.1 billion budget deficit, the largest US public pension
delays taking hundreds of millions of dollars more from the state to
pay for employee retirement benefits next year.
Survey: Pension Deficits for One in 10 FTSE Firms
The total disclosed pension liabilities of FTSE-100 firms has
skyrocketed to £410 billion from £382 billion in the past 12 months.
Report: Growing Number of Consultants Offer Performance Measurement
Global custodians remain the largest vendors of performance
measurement services to institutional investors, yet more and more
investment management consultants are able to provide the same services.
Key EU Committee OKs Hedge Fund Clampdown
The decision by European lawmakers
likely will accelerate a wider regulatory overhaul of financial
services.
Survey: Pensions and PE Have Misaligned Interests
A survey from IE Consulting
shows a majority of pensions believe misalignment of interests with
their private equity managers (GPs) had become more apparent during the
crisis.