Should the Largest SWFs Be Split Up?
Does size matter for SWFs and, if so, where is the sweet spot?
News Archive: Aug - 2013
Church Pension Appoints Bond Specialist to Board
As deficits widen, one pension fund decides technical knowledge is needed.
When Infrastructure Investments Sour
Australia’s Macquarie is set to pull its capital out of a subway expansion over a fare dispute with local government.
Court Rejects Retired GM Execs’ Claim for Larger Pension
The Court of Appeals has ruled in favour of General Motors on a provision which cuts executives’ pensions by two-thirds.
Sec Lending: Risk Appetite Rising in Collateral Reinvestment
A Finadium survey found asset managers are warming up to the idea of reinvesting cash collateral outside of the low-yielding government bond-backed repo market.
Canadian Pensions Face Longevity Hike
Is the Canadian pension success story about to unravel?
New Global CIO for Russell Investments
Fixed income CIO Jeff Hussey has been promoted to the top job.
Four Questions to Ask When Jumping into Alternatives
If you enjoyed the “Is the Yale Model Dead?” article, you’ll love this.
Top Quartile PE Managers: Does Performance Really Persist?
Venture capital funds tend to keep up their performance (good or bad), but private equity researchers have found that "top quartile" doesn't mean what it used to for buyout funds.
Has There Really Been a Fall in LDI Mandates?
Figures are disputed over the level of LDI hedging in the UK.
UK Pensions Reverse 20-Year Equities Sell-Off
Equities loomed larger in portfolios last year, but was it just a blip?
Hedge Funds and Commodities are Off the Menu for SWFs
Sovereign wealth funds have an increased appetite for alternatives, but only for private equity and infrastructure.
Minnesota State Pension Head Steps Down After 32 Years
Howard Bicker’s retirement launches a nationwide search for a new leader of the $65 billion fund.
CalSTRS Ups Salary for Vacant Deputy CIO Role
CIO Chris Ailman wants “a true second in charge,” and the fund’s board has approved a salary commensurate with that.
PIMCO’s Total Return Fund Sees $17.1B Outflows in June, July
Investors have been aggressively pulling assets from the world’s largest bond fund for several months, according to Morningstar data.