Tag: Investment

Pensions April 21, 2021

CalPERS Sues Former Employee for Allegedly Stealing Pension Money

More than $685,000 was stolen from 10 retirees, including a homeless person and beneficiaries under legal conservatorships, the fund said in its lawsuit.

April 20, 2021

How to Build Sustainability into Your China Allocation 

A total portfolio approach is better than a strategic asset allocation, according to consultants at Willis Towers Watson.

April 20, 2021

Choosing Consultants: What Should You Measure?

Sizing up the people you’ll work with to expand your investment capabilities is no easy task.

Asset Management Culture April 16, 2021

Willis Towers Watson to Halve Carbon Emissions in OCIO Portfolios by 2030

Clients in the $166 billion discretionary business will see the firm incorporate climate-related opportunities and risks, it said.

Asset Management Culture April 12, 2021

More Investors Are Allocating to Emerging Alternatives Managers

The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.

Pensions April 9, 2021

The New Kentucky Investment Chief Just Got a 41% Pay Boost

Still, the salary remains at the low end for allocators at public pension funds.

April 8, 2021

How CIOs Assemble Outstanding Investment Teams

Leading asset allocators offer insights into their techniques to form and manage top-notch staff.

Pensions April 5, 2021

CalPERS Suspends Search for New CIO

Pension system officials say they won’t restart the search until early July, and they didn’t offer a timetable as to when a new person will take the job.

Asset Allocation March 30, 2021

Diversity Efforts at Private Equity Firms Have a Long Way to Go 

More institutional investors are calling for equity and inclusion, but challenges remain in disclosures and transparency. 

Asset Management Culture March 26, 2021

Op-Ed: Peer Rankings Matter—When Used Properly (Part Two)

It’s useful to study top-performing funds, but it’s not an apples-to-apples comparison, longtime investor Tony Waskiewicz says.

Asset Management Culture March 24, 2021

The GameStop Woes Keep Plaguing Melvin Capital

A spate of legal complaints have been filed against the hedge fund over the past two months, as retail investors cry conspiracy and foul play.

Asset Management Culture March 15, 2021

Controversy Still Follows CalPERS’ CIO Resignation

More than a half-year after Ben Meng resigned, a lawsuit and pending pension system policy decisions are bringing his departure back into the limelight.

Manager Selection March 15, 2021

Nest Commits $350 Million to Octopus Renewables for Green Infrastructure

‘We want to invest in the energy of the future, not the past,’ says CIO Mark Fawcett.

Regulation March 11, 2021

DOL Will Not Enforce Final Rules on ESG, Proxy Voting

The federal agency will revisit the disputed regulations, enacted in the final days of the Trump administration. 

Alternatives March 10, 2021

Forget Offices, Invest in Life Sciences Real Estate, Report Says

Spaces for pharmaceutical research and medical device development can generate cash flow, as well as offer downside protection, according to Willis Towers Watson.