Bill Gross Lawsuit Contains ‘Sufficient Facts’, Judge Rules
Bill Gross’ $200 million suit against PIMCO can now head to court.
News
Debunking 130-30 Performance
“There is no panacea in the search for alpha,” an Aon Hewitt researcher warns.
Greece's Rockstar Economist on How to Fix Europe
Yanis Varoufakis, former Greek finance minister, tells an enthralled audience of pension professionals of a dark future for Europe and why the UK must stay in to have any chance of fixing it.
Dalio, Bridgewater, and Asset Management’s Succession Quandary
What third-world dictators and many asset managers (Dalio excepted) have in common, according to long-time industry watcher—and CIO’s founder—Charlie Ruffel.
The SEC’s New Co-Chief of Asset Management Enforcement
Insider Anthony Kelly replaces Julie Riewe, who left to become a partner at regulatory defense law firm Debevoise & Plimpton.
Most Private Equity LPs Believe Interests Are Aligned
The real worry is valuations, according to a Preqin poll.
Former Harvard CEO Jane Mendillo Joins Lazard Board
The ex-endowment chief will join Richard Haass, the Council of Foreign Relations president, on Lazard's board of directors.
Bridgewater's Client Letter: Read It in Full
The note, sent March 10, announces Jon Rubinstein's hiring and Ray Dalio’s revised succession plan.
Allstate CIO to Retire
Judy Greffin will leave the $78 billion insurer after 25 years.
Bridgewater Hires Ex-Apple Exec as Co-CEO
Jon Rubinstein will take on management responsibilities while Greg Jensen will remain as co-CIO.
Who Needs Daily Dealing?
Leading investors challenge the UK regulator to look again at the rules regarding daily pricing at the Pension and Lifetime Savings Association’s conference.
Moody’s to Pay CalPERS $130M for 'Negligent' Ratings
The ratings agency was sued by the country’s largest public pension for investment vehicle grades issued prior to the financial crisis.
MassMutual Boutiques to Merge Under Barings
The soon-to-be $260 billion asset manager will fold in Babson Capital, Cornerstone Real Estate, and Wood Creek Capital.
UK Infrastructure Collaboration (Finally) Comes to Market
After a troubled start, the Pensions Infrastructure Platform has launched its first mainstream strategy for UK investors.
Below the Surface of ESG Funds
New research shows there may be more ‘green’ funds available than otherwise thought—and more funds that go against ethical values.