Ron Mock Sounds Alarm on Alternatives?
Arlene Jacobius of Pensions & Investments reports, Ontario Teachers CEO calls alternative investments ‘too expensive’:Ontario Teachers’ Pension Plan, Toronto, is starting to step back from...
View ArticleSlugging Through A Rough Stock Market?
Evelyn Cheng of CNBC reports, Nasdaq plunges 1.5%; Dow slides triple digits, clings to gains for 2015:U.S. stocks closed down more than 1 percent on the last day of trade for April as investors weighed...
View ArticleTransforming Hedge Fund Fees?
Stephanie Eschenbacher of the Wall Street Journal reports, Swiss Investor Calls for Big Cut in Hedge Fund Fees: One of Europe’s biggest hedge fund investors, Unigestion, is pushing hedge funds to scrap...
View ArticleEurope's Pension Crisis?
Chris Johns of The Irish Times reports, Pension crisis is still a financial disaster waiting to happen:Benjamin Franklin famously said the only two things about which we can be certain are death and...
View ArticleAnd Now, The End Is Near?
Bill Gross' latest monthly investment outlook for Janus Capital investors is incredibly grim (added emphasis is mine):Having turned the corner on my 70th year, like prize winning author Julian Barnes,...
View ArticleAnother Dumb Attack On The ORPP?
The National Post weighed in on Canada's pension debate in an editorial comment, The Ontario Retirement Pension Plan Act — a costly, unneeded plan:Unnoticed amid the budget hoopla last week, the...
View ArticleLife and Death on Wall Street?
Janet Tavakoli sent me Nomi Prins'review of her new book, Decisions: Life and Death on Wall Street: Janet Tavakoli is a born storyteller with an incredible tale to tell. In her captivating memoir,...
View ArticleHedge Funds Prepare For War?
Miles Johnson of the Financial Times reports, Hedge funds dig deep for greater returns:When the latest intake of hedge fund analysts arrived for their first day of work they might have imagined a life...
View ArticleThe Greek Disconnect?
John Hooper of the Guardian reports, Greece’s plight at odds with public's lack of concern as default deferred – for now:“Nothing will change this week,” said Aris Karnachoritis confidently as the...
View ArticleOpening Canada's Infrastructure Floodgates?
Bill Curry of the Globe and Mail reports, Liberals would encourage pension funds to invest in infrastructure:Enticing large pension funds to spend big on Canadian infrastructure projects will form a...
View ArticleGet Ready For Global Reflation?
Ralph Atkins and David Sheppard of the Financial Times report, Oil and bond yields signal shift from deflation worry:Europe’s deflation scare is over — inflation is back. That is one interpretation, at...
View ArticleSocial Security On The Fritz?
Janet Novack of Forbes reports, Social Security In Far Worse Shape Than Official Numbers Show:Over the last 15 years, the Social Security Administration’s Office of the Chief Actuary has consistently...
View ArticleAre U.S. Pension Funds Delusional?
John Coumarianos of Institutional Imperative wrote a comment for MarketWatch, You could be on the hook for pension funds’ lofty stock-market views:What do Connecticut teachers and Dallas policemen and...
View ArticleIs The Greek Endgame Near?
Holly Ellyatt of CNBC reports, Greece 'in crisis' as officials insist deal is near:Greek government officials are insisting that a deal with the country's international lenders over reforms is...
View ArticleWynne’s Pension Boondoggle?
Lorrie Goldstein of the Toronto Sun reports, Wynne’s pension boondoggle?:Suppose Premier Kathleen Wynne’s Liberal government forced you into its Ontario Retirement Pension Plan (ORPP) and took 1.9% of...
View ArticleDealing With a World of Underinvestment?
Michael Spence, a Nobel laureate in economics and Professor of Economics at NYU’s Stern School of Business, wrote a comment for Project Syndicate, A World of Underinvestment: When World War II ended 70...
View ArticleTop Funds' Activity in Q1 2015
Sam Forgione of Reuters reports, Top U.S. hedge funds continued to dump Apple amid rally:Top U.S. hedge fund management firms, including Leon Cooperman's Omega Advisors and Philippe Laffont's Coatue...
View ArticleWarren Buffet's Big Bets For 2015?
Eric McWhinnie of The Cheat Sheet wrote a comment for USA Today, Buffett bets on these 8 stocks for 2015:Berkshire's largest investments include some of the most popular blue chips known to Wall...
View ArticleCPPIB Gains a Record 18.3% in FY 2015
Benefits Canada reports, CPPIB posts record 18.3% return:The Canada Pension Plan Investment Board (CPPIB) delivered a net investment return of 18.3% for fiscal 2015—the biggest one-year return since it...
View ArticleTories Backtracking on Enhanced CPP?
The CBC reports, Joe Oliver to consult on 'voluntary' Canada Pension Plan boost:Finance Minister Joe Oliver says his government is ready to start consulting Canadians on allowing larger, "voluntary,"...
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