CPPIB's Risky Bet on Brazil?
Guillermo Parra-Bernal of Reuters reports, Canada's CPPIB to invest $396 mln in Brazil real estate:Canada Pension Plan Investment Board (CPPIB) plans to invest about 1 billion reais ($396 million) in...
View ArticleOversized Hedge Fund Egos?
Alexandra Stevenson and Julie Creswell of the New York Times report, Bill Ackman and His Hedge Fund, Betting Big:William A. Ackman, the silver-haired, silver-tongued hedge fund mogul, gestured out the...
View ArticleBoJ's Halloween Surprise?
Leika Kihara and Tetsushi Kajimoto of Reuters report, Japan's central bank shocks markets with more easing as inflation slows:The Bank of Japan shocked global financial markets on Friday by expanding...
View ArticleUnderestimating The "New" Risk of Deflation?
Floyd Norris of the New York Times reports, Inflation? Deflation Is New Risk:“Be very, very careful what you put into that head, because you will never, ever get it out.”— Cardinal Thomas Wolsey on...
View ArticleSEC Probing PE Performance Figures?
Greg Roumeliotis of Reuters reports, SEC probing private equity performance figures (h/t, Yves Smith, naked capitalism):The U.S. Securities and Exchange Commission is examining how private equity firms...
View ArticleThe United Kingdom of Pension Poverty?
Tom Clark of the Guardian reports, Government to include public sector pensions in welfare spending figures:The occupational pensions of army generals and top Whitehall mandarins will be classified as...
View ArticleDid PSP Investments Skirt Foreign Taxes?
Zach Dubinsky, Harvey Cashore, Frédéric Zalac, and Verena Klein of CBC report, Federal pension board used offshore 'scheme' to skirt foreign taxes (h/t, James Infantino):The federal agency that invests...
View ArticleBeware of Buyout Bullies?
Mark Maremont and Mike Spector of the Wall Street Journal report, Buyout Firms Push to Keep Information Under Wraps:KKR & Co. warned Iowa’s public pension fund against complying with a...
View ArticleCaisse Warns on Canada's Energy Policy?
CBC News recently reported, Caisse CEO sees energy policy challenge ahead for Canada:Energy policy is the single biggest issue facing Canada, according to Michael Sabia, head of one of Canada’s largest...
View ArticleOn Pensions and Patriotism?
Campbell Clark of the Globe and Mail reports, Veterans’ complaints a tricky issue for Harper: When Prime Minister Stephen Harper attends Remembrance Day ceremonies Tuesday, he will have cut short his...
View ArticleDetroit's Pension Risks Still Linger?
Mary Williams Walsh of the New York Times reports, Detroit Emerges From Bankruptcy, Yet Pension Risks Linger:When the judge in Detroit’s historic bankruptcy case approved the city’s exit plan on...
View ArticleSouth Carolina Looking at Emerging Managers?
Mark Melin of ValueWalk reports, South Carolina Wants Smaller Hedge Fund Managers:There has been an ongoing academic debate in the hedge fund industry as to what size fund generates the best...
View ArticleIs Deflation Coming to America?
John Cochrane, professor of finance at the University of Chicago Booth School of Business, wrote an op-ed for the Wall Street Journal, Who's Afraid of a Little Deflation?:With European inflation...
View ArticleTop Funds' Activity in Q3 2014
William Alden, Matthew Goldstein and Michael J. de la Merced of the New York Times report, Alibaba, the I.P.O. Darling, Is Also the Star of Hedge Fund Reports:Alibaba, the Chinese e-commerce website,...
View ArticlePension Funds Flock to Riskier Investments?
David Oakley of the Financial Times reports, Pension funds to flock to riskier investments (h/t, Suzanne Bishopric):Pension fund managers around the world are preparing to invest in riskier assets such...
View ArticleCalSTRS' Shift to Internal Management?
Dawn Lim of the Wall Street Journal reports, Calstrs’ Investment Office Restructuring Paves Way for More Internal Management:The California State Teachers’ Retirement System said it restructured how...
View ArticleWill GPIF's New CIO Rise to the Challenge?
Yoshiaki Nohara and Shigeki Nozawa of Bloomberg report, GPIF Names Private Equity Executive as Investment Head:The world’s biggest manager of retirement savings named a private-equity executive as head...
View ArticleAre Central Banks Panicking?
Koh Gui Qing and Jason Subler of Reuters report, China surprises with interest rate cut to spur growth:China cut interest rates unexpectedly on Friday, stepping up efforts to support the world's...
View ArticleCaisse Sours on Debt?
Frederic Tomesco of Bloomberg reports, Caisse Sours on Debt With Yields at Record Lows:Caisse de Depot et Placement du Quebec, Canada’s second-largest pension fund manager, is losing its enthusiasm for...
View ArticleU.S. Public Pensions on Solid Footing?
Business Wire reports, Public Pension Plans Report Solid Returns, Financial Strength, Increasing Confidence (h/t. Don Campbell):Confidence continues to rise among public pension plan administrators...
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