CIOs Shun Pensions for Endowment & Foundation Jobs
Corporate and public pension investment heads are seeking positions in the nonprofit world in increasing numbers, industry sources say.
News Archive: Mar - 2012
What Are the Alpha Characteristics of Hedge Funds?
Hedge fund managers have historically generated excess, skill based returns (alpha) through active management, and a paper by UBS scrutinizes the value of security selection and market timing to understand the industry's risks and returns.
Norway Oil Fund Opposes Greek Solution
The solution to Greece’s debt problems was opposed by one of the world’s largest investors, who suffered losses last year.
New York Legislature OKs Governor Cuomo's Pension Reform; DiNapoli Expresses Skepticism
The New York Legislature has approved much of Governor Andrew Cuomo's pension overhaul, while New York Comptroller Thomas DiNapoli has voiced concern.
Is a ‘Great Rotation’ About to Hit Markets?
Whisper it softly, but investor confidence may be returning as equity markets find the most favour in almost 12 months.
CalPERS Board Reduces Fund's Investment Return Target to 7.5%
Acknowledging lower returns and higher costs, the board of the $235 billion California Public Employees' Retirement System has approved reducing its rate to 7.5% from its longstanding rate of 7.75%.
Pensions Seek Private Markets, But Don’t Commit
Investors have lowered their holdings in equities and sovereign debt, increased allocation to credit and alternatives, not private markets – yet, bfinance has found.
What's the Biggest Mistake Arizona's Public Pension Made in 2008?
The Profile: Paul Matson, former CIO and now executive director of the Arizona State Retirement System, discusses what he perceives to be his biggest investing mistake in 2008 along with current opportunities.
Pension Buyouts for All as Deal Volume Spikes
Pension funds still allowing further member accrual have been thrown the lifeline of ‘buyout’ in a new deal that could see further volume in the already burgeoning sector.
'Pay Attention to Behavioral Investment Strategy', Investors Told
Disposition and over-confidence effects are important factors contributing to the fact that momentum strategies work only in longer
formation and holding periods.
Investors to Be Empowered on Exec Pay
Investors could soon take more control of executive pay, thanks to guidelines proposed in the UK that will have global implications.
Consultants: Derivatives Emerge As 'Quick and Dirty' Solution to Bond Shortage
Derivatives and other hedging strategies are logical solutions for corporate pension funds in the United States as they face heightened volatility along with interest rate and market movements amid a constrained bond market, investment consultants say.
Bumper Hedge Fund Launches as Performance Converges
Performance is down, but fund launches are up – hedge funds continue to find investor favour.
Mid-Sized Schemes Face Acute Challenges With Scarce Resources, Low Yields
Lack of resources is hampering medium-sized schemes from exploring de-risking options, Aon Hewitt's Mid-Market Pension Survey has found.
Where Did the Short-Sellers Go?
European financial stock prices show little sign of recovery, despite short-sellers staying away.