Is the ORPP a Bad Idea?
Joe Nunes, President of Actuarial Solutions, posted a blog comment, Bad Idea #11 – Ontario Retirement Pension Plan:Regular readers of my commentary will know that I am absolutely against the idea of...
View ArticleCalPERS Chopping Hedge Fund Allocation?
Randy Diamond of Pensions & Investments reports, CalPERS chopping hedge fund allocation:CalPERS portfolio managers have begun cutting the system's $5.3 billion hedge fund allocation in half,...
View ArticleIs the Alternatives Gig Up?
Frederick Reese of MintPress News reports, Public Pension Funds Making Alternative Or Reckless Investments?:Public pension systems are collapsing across the country. In Chicago, Mayor Rahm Emanuel is...
View ArticleThe Great Hedge Fund Mystery?
John Cassidy of The New Yorker reports, The Great Hedge-Fund Mystery: Why Do They Make So Much?:This is the time of year when publications that cover the hedge-fund industry do their annual rankings,...
View ArticleWhiffs of Inflation?
The Associated Press reports, US producer prices jump; hint of rising inflation:The prices that U.S. companies receive for their goods and services rose in April by the most in 19 months, a sign that...
View ArticleTop Funds' Activity in Q1 2014
Sam Forgione of Reuters reports, Top U.S. hedge funds clung to eBay, sold GM in first quarter:Top U.S. hedge fund managers in the first quarter zoned in on the consumer sector, with investments that...
View ArticleThe Rise of David Tepper?
William Watts of MarketWatch reports, The rise of David Tepper:David Tepper is arguably the most influential “smart-money” voice in the markets right now.While hedge funds have persistently...
View ArticleThe Era of Fee Compression?
Mark Cobley of Financial News reports, Public pension funds add to pressure on fees:Investment officers at the UK’s £180 billion Local Government Pension Scheme today added their voices to a growing...
View ArticleHedge Funds Won't Make You Rich?
Noah Smith, an assistant professor of finance at Stony Brook University, wrote a comment for Bloomberg View, Hedge Funds Won't Make You Rich:The recent release of Institutional Investor Alpha’s...
View ArticleCPPIB Gains 16.5% Gross in FY 2014
Janet McFarland of the Globe and Mail reports, CPPIB’s active investment plan scores big with 16.5% rate of return: The Canada Pension Plan fund saw its assets swell by $36-billion over the past fiscal...
View ArticlePrivate Equity Returns to Australia and Europe?
Ross Kelly and Cynthia Koons of the Wall Street Journal report, Private Equity Returns to Australia: When it comes to investing in Australia, private-equity firms are back.After a lull in activity Down...
View ArticleThe Euro Deflation Crisis?
Peter Polak of Foreign Affairs reports, The Euro Deflation Crisis:A specter is haunting Europe -- the specter of deflation. Countries throughout the European Union have been struggling for the past...
View ArticleAIMCo Scores Huge on Timberland?
Darcy Henton of the Calgary Herald reports, Investment in Australian woodlots pays off for Alberta:An Alberta Heritage Savings Trust Fund investment into private woodlots in Australia is paying huge...
View ArticleGet Ready for Life After Benchmarks?
Melissa Shin of Benefits Canada reports, Get ready for a life after benchmarks:Benchmark-oriented active managers will fall behind.That’s what Yariv Itah, managing partner at Casey Quirk, argued at an...
View ArticleDay of Reckoning Looms for Pensions?
Paul McLeod of the Nova Scotia herald news reports, Day of reckoning looms for pension plans:Many Nova Scotians face the threat of not getting the pensions they have been promised, several experts...
View ArticleCEO Pay Spinning Out of Control?
Stan Choe of the Associated Press reports, Figuring out how your mutual fund manager votes:Do you think a particular CEO makes too much money? Would you like to replace the directors who signed off on...
View ArticleOne-Man Wealth Machine?
Rob Copeland of the Wall Street Journal reports, Hedge-Fund World's One-Man Wealth Machine:In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the...
View ArticleCanada's Looming Pension Wars?
Tamsin McMahon and Ken MacQueen of MacLean's report, Canada’s looming pension wars:As the City of Regina debated its largest tax hike in more than a decade, 76-year-old George Malish looked at his...
View ArticleAmerica's Looming Pension Disaster?
John W. Schoen of CNBC reports, Are public pensions headed for another disaster?:Despite healthy gains from the ongoing stock market rally, public pension funds are still badly underfunded and the...
View ArticleIs a Stock Market Correction Overdue?
Wallace Witkowski of MarketWatch reports, Is a stock market correction overdue?:Trading volume and volatility are dragging along low levels as stocks reach new highs. That’s made for a nervous...
View Article