New Jersey's Pension GASBing for Air?
Hilary Russ of Reuters reports, New Jersey pension system funding plummets under new rule:New Jersey's retirement system for public employees is in worse shape than previously reported, thanks to...
View ArticleOntario Teachers and PSP Nearing Telesat Deal?
Alex Sherman of Bloomberg reports, Canada Funds Said Nearing $7 Billion Telesat Deal: Ontario Teachers' Pension Plan and Public Sector Pension Investment Board are nearing a $7 billion deal for...
View ArticlePrepare For a Deflationary Boom?
Jon D. Markman of Yahoo Finance reports, Prepare for the rare “deflationary boom” (h/t, Rejean Desmarais):"Deflation" and "boom" are not two words that normally go together. They are almost like "sad...
View ArticleThe Royal Airline Pension Shaft?
Steve Johnson of the Financial Times reports, Monarch Airlines pension fund reduced to a pauper:The UK’s Pension Protection Fund is likely to take one of its largest financial hits to date from the...
View ArticleHedge Funds Closing Like It's 2009?
Katherine Burton of Bloomberg reports, Hedge Funds Shut as Managers Struggle in Year of Two Percent Returns: Hedge funds are shutting at a rate not seen since the financial crisis, as many managers...
View ArticleFall of the Bond King?
Mary Childs of Bloomberg reports, Fall of the Bond King: How Gross Lost Empire as Pimco Cracked:Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a...
View ArticleHurdles For Hedge Funds?
Saijel Kishan of Bloomberg reports, Hedge Funds Urged to Beat Benchmarks Before Charging Fees: Hedge fund investors are catching up with their private equity peers. Five years after clients of...
View ArticleThe Biggest Risks For Stocks in 2015?
Jeff Reeves, editor of InvestorPlace.com, wrote an article for MarketWatch, 10 biggest risks to the stock market in 2015: It is shaping up to be another great year for stocks, with the S&P 500 up...
View ArticleIs Canada's Crisis Just Beginning?
Claire Brownell of the National Post reports, Ontario Teachers’ Pension Plan seeks foreign investments out of necessity, not lack of confidence in Canada:The Ontario Teachers’ Pension Plan may prefer...
View ArticleCanada Finds Key to Pension Fund Investing?
Ian Austen of the New York Times reports, Canada Finds Key to Pension Fund Investing:This is pension fund investing, Canadian style: lower management costs, freedom from political meddling and...
View ArticleOPA! Another Greek Black Swan?
Sara Sjolin of MarketWatch reports, Greece’s stock market just suffered its worst collapse ever: Greece’s Athex Composite tanked almost 13% Tuesday — the biggest drop for the index on record, according...
View ArticleIs This Time Really Different?
Myles Udland of Business Insider reports, Jeffrey Gundlach Explains Why 'This Time It's Different':DoubleLine's Jeffrey Gundlach just wrapped up his latest webcast, outlining why this time, when the...
View ArticleDid Congress Just Nuke Pensions?
Evan Halper of the Los Angeles Times reports, Congress poised to allow cuts to private pension payouts:More than 1 million Americans who were promised secure, predictable retirement income probably...
View ArticleWill the Plunge in Oil Crash Markets?
Mike Whitney wrote a comment for CountePunch over the weekend, Will Falling Oil Prices Crash the Markets?:Crude oil prices dipped lower on Wednesday pushing down yields on US Treasuries and sending...
View Article1998 All Over Again?
Olga Tanas and Anna Andrianova of Bloomberg report, Russia Defends Ruble With Biggest Rate Rise Since 1998: Russia took its biggest step yet to shore up the ruble and defuse the currency crisis...
View ArticleCalPERS Mulls New PE Benchmark?
Michael B. Marois of Bloomberg reports, California Pension Fund May Change Benchmark for Private Equity:The California Public Employees’ Retirement System, the biggest U.S. pension, may change the...
View ArticleMadam Chairman, Are You Serious?
The Editors at Bloomberg View aren't happy, putting out an op-ed, Can Janet Yellen Be Serious?:Sometimes you have to wonder if the Federal Reserve's governors are just laughing at the analysts who pore...
View ArticleMass Looting of U.S. Pensions?
J.D. Heyes of Global Research reports, The Mass Looting of Pension Plans Begins as Federal Law Altered to Reduce Pension Payouts:No doubt in a sop to their corporate masters, a bipartisan group of...
View ArticleThe $800 Billion Leveraged Loan Blacklist?
Nabila Ahmed and Kristen Haunss of Bloomberg report, There's a Blacklist in the $800 Billion U.S. Loan Market and It's Not Illegal (h/t, Johnny Quigley):What do Highland Capital Management, Fortress...
View ArticleOil Crash Slams Buyout Funds?
Devin Banerjee and David Carey of Bloomberg report, Oil Crash Wipes $11.7 Billion From Buyout Firms’ Holdings:Oil’s plunge makes energy a great investment for the coming years, according to Blackstone...
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