Let Them Sell Their Summer Homes?
Edward Krudy of Reuters reports, 'Let them sell their summer homes': NYC pension dumps hedge funds:New York City's largest public pension is exiting all hedge fund investments in the latest sign that...
View ArticleWhere Is Oil Headed After Doha?
Libby George of Reuters reports, Oil prices slide after freeze deal failure:Oil prices slid on Monday after a meeting between major producing nations on a proposed output freeze fell apart, leaving the...
View ArticleChina’s Pension Gamble?
The Wall Street Journal reports on China’s Pension Gamble:Beijing recently announced that it will allow state pension funds to invest in stocks, with the hope of lifting returns and aiding...
View ArticleBuilding on CPPIB's Success?
Adam Mayers of the Toronto Star reports, CPP’s success may signal bigger pensions ahead:The Canada Pension Plan expects to have assets worth $1 trillion before the middle of this century.As recently as...
View ArticleThe Great Crash of 2016?
At the end of March, Ivan Fallon of the UAE's The National asked, So, what happened to the Great Crash of 2016?:Whatever happened to the Great Crash of 2016? The year began with the worst few weeks...
View ArticlePity The Hedge Fund Manager?
Will Wainewright and Nishant Kumar of Bloomberg report, Hedge Funds Suffer Worst Outflows Since Financial Crisis Era:Hedge funds suffered the worst withdrawals last quarter since the tail-end of the...
View ArticlePensions Bankrolling Canada's Infrastructure?
Andy Blatchford of the Canadian Press reports, Liberal government to consider public pension funds to help bankroll mounting infrastructure costs:The federal government has identified a potential...
View ArticleThe Great Canadian Pension Heist?
Andrew Coyne of the National Post warns, Funding government projects through public pension plans a terrible idea:The federal government, it is well known, is determined to spend $120 billion on...
View ArticlePensions Should Brace for Lower Rates?
Andy Blatchford of the Canadian Press reports, Pensions should brace for new normal of lower neutral interest rates:Bank of Canada governor Stephen Poloz is recommending pension funds get ready for a...
View ArticleIs Soros Wrong About China?
Hema Parmar and Saijel Kishan of Bloomberg report, The Hedge Fund Manager Betting Soros Is Wrong About China:Bob Bishop, who once ran investments for billionaire George Soros, is betting his former...
View ArticleResurrecting Global Inflation?
Will Martin of Business Insider reports, Europe is back in deflation:The eurozone slipped back into deflation in April, according to the latest numbers released by Eurostat on Friday morning.Eurostat’s...
View ArticleFixing The U.S. Public Pension Crisis?
Attracta Mooney of the Financial Times reports, The US public pensions crisis ‘is really hard to fix’:Eighteen months after Rahm Emanuel, a former White House chief of staff, became mayor of Chicago,...
View ArticleFeels More Like 2007 Than 1997?
Jamie McGeever of Reuters reports, Global stocks slide as yen, euro gains question policy thrust:The dollar slid to its lowest against major currencies in well over a year on Tuesday, a move led by...
View ArticleHedge Funds Under Attack?
Saijel Kishan of Bloomberg reports, Hedge Funds Under Attack as Steve Cohen Says Talent Is Thin:In less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest...
View ArticleLess Bang For Your CPP Buck?
Barbara Shecter of the National Post reports, Canadians shouldn’t confuse CPP investment gains with higher pensions: The Canada Pension Plan’s investment arm may be racking up impressive gains, but...
View ArticleBeware of Billionaires Bearing Stock Tips?
Tae Kim of CNBC reports, Get out of the stock market, own gold:Legendary billionaire investor Stanley Druckenmiller told Sohn Investment Conference attendees to sell their equity holdings...
View ArticleThe Death of 2 & 20?
Tom DiChristopher of CNBC reports, The 2 and 20 hedge-fund model is dead:The compensation model that has enriched hedge fund managers for years is not long for this world, CalSTRS Chief Investment...
View ArticlePayouts Fit For Hedge Fund Kings?
Svea Herbst-Bayliss of Reuters reports, Best-paid U.S. hedge fund managers take home $13 billion:Hedge funds lost money for their investors last year but the industry's top-paid managers had a banner...
View ArticleOntario's Game Changing Opportunity?
Keith Ambachtsheer and Edward Waitzer wrote an op-ed for the Globe and Mail, Ontario’s pension plan presents a game-changing opportunity:There is evidence that an element of employer compulsion is...
View ArticlePrivate Equity's Diminishing Returns?
Nir Kaissar of Bloomberg reports, Private Equity's Diminishing Returns:Investors can’t get enough of private equity. According to research firm Preqin, private equity firms’ assets under management...
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