Are Toll Roads Too Risky For Pensions?
Tanya Snyder, Streetsblog's Capitol Hill editor, posted an interesting comment, Credit Rating Agencies Uneasy About Toll Roads as Americans Drive Less:Toll roads aren’t the cash cows they used to be....
View ArticlePressure Is On Private Equity?
Ryan Dezember of the WSJ reports, For Private Equity, Cashing Out Is the Easy Part:Carlyle Group LP's second-quarter results reaffirmed that it is a sellers' market for private-equity firms, as the...
View ArticleAre We All Going to Pension Hell?
Megan McArdle of Bloomberg reports, We Are All Going to Pension Hell:One of the most startling moments of the Detroit bankruptcy was when a judge stepped in to stay the bankruptcy at the behest of the...
View ArticleNormand Provost to Retire From the Caisse
The Caisse de dépôt et placement du Québec released a statement, Normand Provost announces his intention to retire:After more than 33 years of service, Normand Provost, Executive Vice-President,...
View ArticleCommercial Real Estate On the Mend?
PR News wire reports, Commercial Real Estate Mending Amid Ongoing Economic, Political Uncertainty:Commercial real estate markets continue their gradual, uneven recovery — with investment capital...
View ArticleThe Race to De-Risk Pensions?
Julius Melnitzer of the National Post reports, The race to de-risk sparks growth for pension practices:Business law firms are beefing up their pension departments to advise clients on a range of...
View ArticleInvesting in a Debt-Fuelled World?
In June, Principal Global Investors released the fifth annual asset management research report, Investing in a Debt-Fuelled World, presenting critical findings on how the current ultra-low interest...
View ArticleCaisse's 2013 Mid-Year Update
On Friday, the Caisse de dépôt et placement du Québec provided an update on its performance as at June 30, 2013:At the end of this period, the average annual return over four years was 10.5%,...
View ArticleBig Investors Dodging Wall Street?
Nathaniel Popper of the New York Times reports, Public Funds Take Control of Assets, Dodging Wall Street:Investors responsible for more than $2 trillion recently gathered at a resort in the Canadian...
View ArticleHow OTPP Got in Bed With Saks?
Tara Perkins of the Globe and Mail reports, How the Ontario Teachers’ Pension Plan got in bed with Saks:The job ad might read something like this: Wanted, a serial dater who likes to shop and is...
View ArticleRising Returns Bolster U.S. Public Pensions?
Tim Reid of Reuters reports, Rising returns give U.S. public pension funds chance to reform:Many U.S. public pension funds are benefiting from double-digit annual returns in fiscal 2013 that are giving...
View ArticleHedge Funds Coming Up Short?
Steven Russolillo of the Wall Street Journal reports, Hedge Funds Severely Underperforming This Year: It’s been a great year for the stock market. It’s been a tough year for a hedge-fund manager.A...
View ArticleInvestors Lukewarm on Private Equity?
Sean Farrell of the Guardian reports, Private equity: have investors learned from their mistakes?:It seems a long time ago when private equity was the unacceptable face of capitalism in Britain. But on...
View ArticlePensions Inflating an Infrastructure Bubble?
Sally Patten of the Australian Financial Review reports, Future Fund says infrastructure assets not in bubble territory:The $85 billion Future Fund has defended the price it paid for a stake in Perth...
View ArticleCorporate Pensions Embrace Riskier Assets?
Maxwell Murphy of the Wall Street Journal reports, Some Pensions Embrace Riskier Assets:Thinly traded and hard-to-value investments such as real estate and private equity stakes are taking up a larger...
View ArticleFrom Bond Apathy To Bond Panic?
Yves Lamoureux of Lamoureux & Co. wrote a comment on ETF Daily News, From Bond Apathy to Bond Panic:We have been glad this year to be on the side of the bull camp. Our job has been an easy one as...
View ArticleDispelling Public Pension Plan Myths
Helen Fetterly, chair of Healthcare of Ontario Pension Plan (HOOPP), wrote an article for Benefits Canada, Dispelling public pension plan myths:I’ve been involved with the Healthcare of Ontario Pension...
View ArticleDid Eike Batista Burn Ontario Teachers?
Roberto A. Ferdman of Quartz reports, How Brazil’s richest man lost 97% of his fortune in less than two years:In 2010, Eike Batista announced that he would soon become the world’s richest man, and it...
View ArticleDoug Pearce to Retire from bcIMC
Last week, the Globe and Mail reported, B.C.’s asset manager for public pensions, trusts to retire: Doug Pearce, long-time chief executive officer of British Columbia Investment Management Corp., will...
View ArticleCPPIB Investing Gangnam Style?
Barbara Shecter of the National Post reports, Canadian pension plan invests ‘Gangnam style’:The Canada Pension Plan Investment Board is investing Gangnam style — almost.The pension fund has acquired a...
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