CPPIB to Aid China With Pension Reform?
Rob Kozlowski of Pensions & Investments reports, CPPIB to aid China with pension reform, other issues:Canada Pension Plan Investment Board, which manages the assets of the C$287.3 billion ($217.4...
View ArticleCaisse Bets Big On India's Power Assets?
Abhineet Kumar of India's Business Standard interviewed Prashant Purker, Managing Director & CEO of ICICI Venture Funds, who said they will acquire power assets worth $3.5 billion:This month, ICICI...
View ArticleTeachers' Cuts Computer-Run Hedge Funds?
Maiya Keidan of Reuters reports, Canada public pension plan ditches 10 computer-driven hedge funds:Canada's third-largest public pension plan has halved the number of computer-driven hedge funds in its...
View ArticleTreacherous Times For Private Equity?
Devin Banerjee of Bloomberg reports, Blackstone’s Top Dealmaker Says Now Is The Most Difficult Period He's Ever Experienced:Joe Baratta, Blackstone Group LP’s top private equity dealmaker, can’t be too...
View ArticlePrivate Equity's Misalignment of Interests?
Sebastien Canderle, author of The Debt Trap: How leverage impacts private-equity performance, sent me a guest comment (added emphasis is mine):It usually takes a financial crisis of the magnitude...
View ArticleMuch Ado About Deutsche?
Evelyn Cheng of NBC reports, How US regulators may be creating panic around Deutsche Bank:Deutsche Bank finds itself in the center of a panic, and some analysts are pointing fingers at U.S....
View ArticleLong Live the CPP!!
Last week, the Department of Finance Canada released a statement, Canadians Can Count on a Stronger, Financially Sustainable Canada Pension Plan:Helping Canadians achieve a safe, secure and dignified...
View ArticleRhode Island Meets Warren Buffett?
Mary Childs of the Financial Times reports, Rhode Island cuts its hedge fund programme by two-thirds:Rhode Island’s pension plan has decided to cut its investment in hedge funds by two-thirds, as...
View ArticleCPPIB Chief to Testify at Parliament?
Josh Wingrove, Greg Quinn and Scott Deveau of Bloomberg report, Canada Pension chief to testify amid trillion-dollar boost:The head of the Canada Pension Plan Investment Board will face lawmakers for...
View ArticleCan Emerging Managers Emerge?
On Wednesday, I attended the first ever cap intro emerging managers conference here in Montreal. Before covering it, let me begin with a comment which Simon Schilder recently wrote for Hedgeweek,...
View ArticleBrace For a Violent Shift in Markets?
Julie Verhage and Sid Verma of Bloomberg report, Bank of America Says We're Experiencing 'Peak' Everything and a Major Market Change Is Coming:Some of the hottest trades of the past few years could...
View ArticleThe Malaise of Modern Pensions?
Jennifer Schuessler of the New York Times reports, Canadian Philosopher Wins $1 Million Prize:The Canadian philosopher Charles Taylor has been named the winner of the first Berggruen Prize, which is to...
View ArticleQuebec Holding Out on Pension Reform?
Paul Delean of the Montreal Gazette reports, Quebec is still holding out on pension reform:Possible changes to the Quebec Pension Plan and the merits of a trust fund for a relative on welfare were...
View ArticleThe UK's Draconian Pension Reforms?
Kate McCann and Katie Morley of the Telegraph report, Government's 'draconian' pension reforms have backfired, experts warn, as OBR says changes will cost billions:George Osborne's pension reforms will...
View ArticleAre Public Pensions Bulletproof?
Mary Williams Walsh of the New York Times reports, $1.6 Million Bill Tests Tiny Town and ‘Bulletproof’ Public Pensions:Until the certified letters from Sacramento started coming last month, Loyalton,...
View ArticleFading Risks of Global Deflation?
Enda Curran, Yinan Zhao, and Miao Han of Bloomberg report, China’s Days of Exporting Deflation May Be Drawing to a Close:One of the disinflationary pressures that’s gripped the global economy for the...
View ArticleThe Fed's Game Changer?
Howard Schneider and Svea Herbst-Bayliss of Reuters report, Fed's Yellen says 'high-pressure' policy may be only way back from crisis:The Federal Reserve may need to run a "high-pressure economy" to...
View ArticleCalSTRS Cuts External Managers?
Aliya Ram of the Financial Times reports, Calstrs to pull $20bn from external fund managers:The California State Teachers’ Retirement System plans to pull $20bn from its external fund managers. The...
View ArticleNorway's GPFG to Crank Up Equity Risk?
Richard Milne and Thomas Hale of the Financial Times report, Norway’s oil fund urged to invest billions more in equities (h/t, Denis Parisien):Norway’s $880bn oil fund is being urged to invest billions...
View ArticleWhat's Worrying the Bank of Canada?
Barrie McKenna of the Globe and Mail reports, Bank of Canada weighs further interest-rate cut amid sluggish exports:The Bank of Canada flirted with the possibility of another interest-rate cut this...
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