The Politics of Pay in Private Equity
Profit sharing at private equity firms is more closely tied to tenure and seniority than to actual investment performance, finds Harvard Business School.
News Archive: Jun - 2016
Heads of Sin-Focused Hedge Fund, Prison Pension Arrested
Charged with fraud, NY’s correction officers’ fund chief faces 40 years in his own members’ lockup.
Cambridge Scoops Private Equity Talent from BP
Vicky Williams has left the oil giant’s UK pension team to become a consultant.
World Bank Nabs Korea's Sovereign Fund CIO
With no successor named, Heung-sik Choo departs to oversee $130 billion investment pool.
Hedge Funds Buckling Under Fee Pressure, LP Apathy
As investors pull away, funds are promising lower management fees and more transparency.
Consultant: Hedge Funds ‘Integral’ to Corporate Pensions
For funds facing rising deficits, Cambridge Associates argues that hedge funds are the key to funding liabilities.
Quantifying Due Diligence
Research by consultants, law firms, etc. adds no value in private equity, a study finds.
SSGA Chief Calls Out American Retirement Crisis
Auto-enrolment and auto-escalation in DC plans could reduce Americans’ retirement shortfall by as much as $740 billion, CEO Ron O’Hanley has argued.
CPPIB’s Wiseman and Machin Defend Active Management
The $217 billion pension fund’s outgoing CEO and his successor respond to recent criticism of CPPIB’s investing strategy.
Prudential Loses Retirement CIO to Competitor
After nearly 30 years, the managing director departs for Mutual of Omaha.
Can Asset Management Disrupt Itself?
Providers are already finding answers to long-term challenges, argues Fitch Ratings.
Litigation Finance 101
What asset owners can learn from Hulk Hogan’s lawsuit financing.
The Risky Business of Liquidity
Investor risk perceptions can heavily influence international stock liquidity, a study has found.
LDI’s De-Risking Dominance
Most North American plan sponsors have already adopted liability-driven investing—but some are beginning to consider pension-risk transfers.
APG’s Claudia Kruse Takes Next Generation Crown
European asset owners voted for the continent’s top young leader at CIO’s Innovation Forum.