Overfunded HOOPP Gains 8.6% in 2013
Jacqueline Nelson of the Globe and Mail reports, HOOPP puffs up financial cushion in 2013:The Healthcare of Ontario Pension Plan (HOOPP) posted investment returns of 8.6 per cent last year, below the...
View ArticleHow Safe is Your Pension?
Pat Kerwin wrote an article for rabble.ca, How safe is your pension?:Many retirees have found out that the pension they earned over decades of contributions to plans turned out to be less secure than...
View ArticleTiger Fund Burning Bright?
Matthew Goldstein of the New York Times reports, For a Hedge Fund Pioneer, a Tiger Fund Burning Bright:Julian Robertson, the billionaire investor and an early pioneer of the hedge fund industry, is...
View ArticleReversion to Mediocrity?
James Caan wrote an article in LinkedIn, What Not To Say In A Job Interview?:Setting yourself apart from the crowd is vital when you are looking for that new job. This applies for all stages of the...
View ArticleSoros Warns Japan to Crank Up the Risk?
The Economist reports the world’s largest pension fund is changing the way it invests, with big consequences for the market:When George Soros, a billionaire investor, met Shinzo Abe, the prime minister...
View ArticleHOOPP's 2014 Conference on DB Pensions
Craig Sebastiano of Benefits Canada reports, The benefits of pension plans:Pensions not only provide retirees with the financial support they need but also provide a benefit to the overall economy.DB...
View ArticleThe Hedge Fund Curse?
Matt Phillips of Quartz reports, Hedge funds bet big on GM and now the stock is getting creamed:Not long ago, hedge fund managers were deeply in love with General Motors.Goldman Sachs equity analysts...
View ArticleWynne Harpoons Harper on Pension Reforms?
The Canadian Press reports, Kathleen Wynne takes aim at Harper over pension reform:Ontario Premier Kathleen Wynne is putting Prime Minister Stephen Harper in her crosshairs as she girds for a possible...
View ArticleThe Pension Fund That Broke All Rules?
James Stewart of the New York Times reports, A Pension Fund Invests Against the Rules, and Wins:Are the trustees of the Tampa firefighters and police officers pension fund out of their minds?“Quite a...
View ArticleRaging Fire at Tampa's Hot Pension Fund?
In my last comment, I wrote about the pension fund that broke all rules, praising the Tampa firefighters and police officers pension fund for their stellar outperformance using one investment manager....
View ArticleNew Jersey's Pensiongate?
Lee Fang of The Nation reports, Pensiongate? Christie Campaign Donors Won Huge Contracts:Four months into his first term, Governor Chris Christie stood at the podium of the Manhattan Institute, a...
View ArticleDo Pensions Pay Political Dividends?
Martin Regg Cohn of the Toronto Star reports, Ontario Pension Plan may pay political dividends:Beyond the usual rhetoric, a most unusual platform is taking shape in the Liberal campaign shop. Ahead of...
View ArticleIs the U.S. Stock Market Rigged?
Steve Kroft of CBS 60 Minutes reports on a new book from Michael Lewis that reveals how some high-speed traders work the stock market to their advantage:This month marks the fifth anniversary of the...
View ArticleThe Great HFT Debate?
Michael Lewis and Brad Katsuyama were on CNBC's Power Lunch today debating William O'Brien of BATS Global Markets in what was dubbed as "The Great HFT Debate." I will let you watch the entire debate...
View ArticleCalPERS Vs. Naked Capitalism?
Yves Smith, aka Susan Webber, of Naked Capitalism posted a blog comment, CalPERS Tries Ineffective Mudslinging in Response to Our Ongoing Private Equity Investigation:I hope readers don’t think I’m...
View ArticleP is for Ponzi?
My favorite economist, Michael Hudson, just posted another beauty as part of the 'Insiders Economic Dictionary', P is for Ponzi:Part P in The Insiders Economic Dictionary.Panic: The abrupt culminating...
View ArticleOntario Teachers Gains 11% in 2013
Janet McFarland of the Globe and Mail reports, Teachers rides hot markets to first pension surplus in a decade:The Ontario Teachers’ Pension Plan has moved into a surplus position for the first time in...
View ArticleBeware of Dark Markets?
John McCrank of Reuters reports, Dark markets may be more harmful than high-frequency trading:Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to...
View ArticleBeyond Quebec's Politics of Division?
Allison Hayes of the Montreal Gazette reports, Quebecers chose 'unity and openness,' Couillard says:The Quebec Liberal Party staged a stunning comeback 18 months after being ousted from power in the...
View ArticleBogus Private Equity Fees?
Alan Katz of Bloomberg reports, Bogus Private-Equity Fees Said Found at 200 Firms by SEC:A majority of private-equity firms inflate fees and expenses charged to companies in which they hold stakes,...
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