CalSTRS Gains 1.4% in Fiscal 2015-16
Timothy W. Martin of the Wall Street Journal reports, Giant California Teachers Pension, Calstrs, Posts Worst Result Since 2008 Crisis:The nation’s second-largest public pension posted its slimmest...
View ArticleBridgewater's Culture of Fear?
Alexandra Stevenson and Matthew Goldstein of the New York Times report, At World’s Largest Hedge Fund, Sex, Fear and Video Surveillance:Ray Dalio, the billionaire founder of the world’s largest hedge...
View ArticleBrexit's Biggest Fans in Big Trouble?
Andre Tartar and Jill Ward of Bloomberg report, Brexit’s Biggest Fans Face New 115 Billion-Pound Pension Hole:Turning 65 in the U.K. used to mean mandatory retirement and a future of endless holiday....
View ArticleGPIF's Passive Disaster?
Eleanor Warnock of the Wall Street Journal reports, Japan’s GPIF Pension Fund Suffers Worst Year Since 2008 Financial Crisis:Japan’s $1.3 trillion public pension fund—the world’s largest of its...
View ArticleIs The Greenback Set To Tumble?
Rebecca Spalding of Bloomberg reports, Morgan Stanley Warns Currency Traders Worst to Come for Dollar:The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising...
View ArticleSell Everything Except Gold?
Jennifer Ablan of Reuters reports, 'Sell everything,' DoubleLine's Gundlach says:Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his...
View ArticleChicago's Pitchforks and Torches?
Reuters reports, Chicago mayor's big plan to save its pension fund:Mayor Rahm Emanuel unveiled a plan on Wednesday that he called "an honest approach" to save the city's biggest retirement system from...
View ArticleLow Returns Taking a Toll on US Pensions?
Rory Carroll and Edward Krudy of Reuters report, Low investment returns taking a toll on U.S. pension funds:For the second straight year, U.S. public pension funds have fallen well short of their...
View ArticleThe Bond Market's Big Illusion?
Brian Chappatta, Andrea Wong and Shigeki Nozawa of Bloomberg report, Bond Market’s Big Illusion Revealed as U.S. Yields Turn Negative: For Kaoru Sekiai, getting steady returns for his pension clients...
View ArticleBill Gross Admonishes Public Pensions?
Darrell Preston of Bloomberg reports, Bill Gross’s Admonishment Supported By Illinois Pension Fund: Illinois’s largest public pension agrees with Bill Gross’s admonishment that it’s time to face up to...
View ArticleCanada's Pensions Hunting For Energy Deals?
Benefits Canada reports, Ontario Teachers’ acquires U.S. oil and gas assets:The Ontario Teachers’ Pension Plan – along with RedBird Capital Partners and Aethon Energy Management – will acquire J-W...
View ArticleIs Smart Money Confused?
David Rosenberg, chief economist and strategist at Gluskin Sheff & Associates wrote an op-ed for the Financial Post, If you think this market is confusing, wait until you see what the ‘smart money’...
View ArticleThe Pension Titanic Is Sinking?
Mohamed El-Erian wrote a comment for Bloomberg, The Titanic Risks of the Retirement System:Imagine an entire enterprise set on course for disaster, driven by the owner’s arrogant pursuit of profit. The...
View ArticleThe Stock Market Rally Everyone Hates?
Alexander Bueso of Digital Look reports, Keep your eye on inflation expectations, Chinese yuan, volatility, Morgan Stanley cautions:The rally in global equities over the preceding month had taken...
View ArticleTop Funds' Activity For Q2 2016
Julia La Roche of Yahoo Finance reports, Legends of finance have big bets on the stock market going down:Famous global macro hedge fund manager Paul Tudor Jones, the founder of Tudor Investment Corp,...
View ArticleThe $6 Trillion Pension Cover-Up?
Ed Bartholomew, a consultant on pension financial management, and Jeremy Gold, a Fellow of the Society of Actuaries, wrote a comment for MarketWatch, The $6 trillion public pension hole that we’re all...
View ArticleBring In The UN Pension Peacekeepers?
Kambiz Foroohar of Bloomberg reports, UN’s $54 Billion Pension Fund in Power Struggle Over New Rules:The United Nations needs some financial peacekeepers. A dispute over whether new regulations...
View ArticleCanadian Pensions Unloading Vancouver RE?
Katia Dmitrieva of Bloomberg reports, Ontario Teachers’ Pension Plan seeking buyers for minority stake in $4-billion Vancouver real estate portfolio:The Ontario Teachers’ Pension Plan is seeking buyers...
View ArticleTime To Plunge Into Stocks?
Sam Ro of Yahoo Finance reports, The stage is set for the next 10% plunge in stocks:The stock market continues to trend higher as earnings growth remains lackluster. This has caused valuations to get...
View ArticleDisaster Strikes Dallas Police & Fire Pension?
Brett Shipp of WFAA reports, Dallas police, fire pension board facing disaster:The past month has been an emotional roller coaster for Dallas police and firemen. Thursday afternoon, the bad news...
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