
Risk
CalPERS Board Votes to Increase Portfolio Leverage, Maintain 6.8% Discount Rate
The move is indicative of increasing risk-taking among pension funds across the country.
Investors expect the consolidation will result in more consistent sustainability standards.
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.
Allianz Life study finds many deeply uncomfortable with the state of the virus-driven market.
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Former Legg Mason manager, slammed in crisis, sees holdings surge 120%.