As Investors Yank Capital, PIMCO’s Total Return Outperforms
It might be a short-term blip, but performance has improved for PIMCO’s flagship as its leader fled.
News Archive: Oct - 2014
Have Managed Futures Funds Turned a Corner?
After two years of redemptions and underperformance, one hedge fund strategy has seen a mini-revival.
Management Fees Fuel Jump in Wall St. Bonuses
Even as trading revenue shrinks, securities industry bonuses have hit a post-crisis high of $165,000 on average.
Goldman Accused Over ‘Unsuitable’ Derivatives Trades
Libya’s sovereign wealth fund is chasing Goldman Sachs to recoup more than $1 billion.
Oaktree Capital Revamps Leadership Structure
Howard Marks and Bruce Karsh will split the chairman role, while an AIG executive is to become the firm's first-ever CEO.
Risk Off, with a Vengeance
Have central banks failed to deliver on growth promises?
LDI Specialist Cutwater to Fold into BNY Mellon
The financial giant has inked an agreement to purchase Cutwater, which has $23 billion under management.
As Gross Joins Janus, Key Man Risk Examined
With Bill Gross set to start managing money at Janus Capital today, Fitch has outlined how it assesses key man risk.
NZ Super Shares its Manager Selection Secrets
The Guardians of the New Zealand Superannuation fund have revealed their findings as to how investors can identify manager skill.
Private Real Estate: More Money, More Problems?
Fewer managers, fewer opportunities to invest, but record amounts of cash: Private real estate is a sector with issues to resolve.
Private Equity Activity Set to Soar in Q4
A lacklustre capital-raising summer could be followed by an action-packed end to the year, Preqin data suggests.
AQR’s Asness: Prices Are Too High—But It’s Not All Bad
AQR has warned of asset prices near historic highs, but doesn’t think it means a crash is imminent.
By One Vote, San Diego to Keep OCIO Salient Partners
The county pension voted down a motion to fire Lee Partridge four months after entrusting him with its entire portfolio.
CalPERS Refutes Judgement to Let Stockton Walk Away
A bankruptcy judge has verbally ruled that CalPERS is no more important than other creditors.
What Will the Gross Exit Cost?
Moody’s has put a price on the departure of PIMCO’s “bond king” for parent company Allianz.