Pension Funds Failed to Collect Private Equity's Promised Returns
The center of the debate
over differences in rewards between private equity managers and their
investors: fees.
Asset Allocation
Swedish Pension Bans Israeli Defense Firm on Ethical Grounds
In an effort to remain a role model for socially
responsible investment, the biggest Swedish pension barred Israeli arms
maker Elbit Systems from its investment portfolios.
Board of Trustees for Alaska's SWF Allows Direct Hedge Fund Investment
The amendment will permit the fund to bypass so called ‘gatekeepers’ and invest directly in hedge funds.
China’s Pension Looks to Boost Investment Abroad, Dai Says
Dai Xianglong, chairman of the National Social Security
Fund, voices ambitious goals to more than double the fund's total assets
by 2015.
SWFs Seen as Invaluable Sources of Capital for Government Debt
As government debt burdens increase, a burgeoning trend is emerging
with investors sensing opportunity in SWFs.
Japan’s Pension Funds to Change Benchmarking Index, Switch to More Passive Investments
The
world's largest fund will change benchmark indexes to reduce market
impact and lower trading costs.
BNY Mellon Tops the List in 2010 R&M Global Custody Survey
Rated on a scale of 1 (worst) to 7 (best), banks providing custody services scored an average 5.74 in 2010, compared with 5.70 last year.
Yale Cuts Hedge Fund Portfolio to Up Private Equity
CIO David Swensen's investment philosophy of “diversification and
equity orientation” prevails.
Investors to Add Billions to Hedge Funds
Hedge fund investment is expected to reach up to $222 billion,
marking the first time inflows are seen to exceed outward flows since
2007.
Lost Opportunity for UK Pension Funds
By failing to renegotiate fees they charge, fund managers are losing
the chance to save more than $151 million annually in fees.
Abu Dhabi SWF Becomes Less Distant
The traditionally clandestine fund, which
has rarely revealed any details of its investment strategy or
investments, becomes more open.
The Biggest Risk for DB Plan Sponsors: Interest Rates
A new survey from Aon Consulting outlines the most pressing
issues facing defined benefit plan sponsors in the US, Canada and the UK
over the next three years.
Oxford Endowment Chief: No to the Yale Model
After only seeing a 4%
decline in endowment assets during the Great Recession, Oxford endowment head
Sandra Robertson speaks out against the often-emulated Yale Model of
investment.
Asian SWFs Adjust Investment Strategies for 2010
The China Investment Corp, the Korea Investment Corp, and the Government of Singapore Investment Corp navigate a difficult economic climate.
Australia’s SWF Turns to Timber
The Future Fund plans to include timber in its allocation to “tangible assets,” which to date have only included real estate and infrastructure.