Battle for advisers
November 16, 2009The oversight of money managers is veering off course in the proposals for the restructuring of regulation to allow the dots to be connected more easily during a budding financial crisis as well as uncover at individual firms specific violations or troubles putting investors at risk.
Possible unexpected costs of proxy access
November 16, 2009Shareholders should be careful what they wish for in terms of proxy access.
Proxy access reinforces the capitalist way
By Mark Anson November 16, 2009If the third time is a charm, investors might luck into proxy access.
Placement-agent ban would harm pension funds
By Michael Travaglini November 16, 2009Policymakers, despite best intentions, often craft the wrong answers to the right problems. One recent example of this phenomenon involves the proposed Securities and Exchange Commission rule regarding placement agents.
Not too big to fail
November 2, 2009Some of the giants in the pension fund industry, including CalPERS and the New York State Common Retirement Fund, are under scrutiny.
Incentives and relative return
November 2, 2009Incentive pay at public employee retirement systems has gotten an unfair rap lately, largely as a result of the market meltdown. Pension funds have lost billions, raising the question whether any incentives should be paid to staff for exceeding pre-established goals and benchmarks.
Investor strategies on climate change depend on disclosure
By Douglas G. Cogan November 2, 2009What does it mean for investors that Congress is poised to take historic action on climate change?
Lessons of the financial crisis
By Robert Pozen November 2, 2009What are the ramifications of the financial crisis for retirement investing? Let's begin by understanding the macroeconomic situation and then focus on specific investment strategies.
Looking for diversification in uncommon places
By Matthew T. Moran October 19, 2009Indexes for commodities, overseas equities, private equity, real estate, hedge funds and other investments failed to provide strong diversification benefits in 2008, so investors might explore the possibility of whether gold, managed futures and even volatility itself might have the potential to provide valuable diversification benefits.
SEC oversight could end fantasy game for private equity, hedge funds
By Mark Anson October 19, 2009In the fall of every year, fantasy football leagues establish playing fields all across the U.S., and even (gasp!) Europe. If I were playing fantasy football, I would make the SEC my top draft pick.
Taking more control
October 19, 2009Now is the time for many pension funds to put up or shut up in terms of hedge fund investing.
Wrong turn to separate account hedge funds
By Scott Schweighauser October 5, 2009The movement toward investing in hedge funds of funds through separately managed accounts is not well-advised and a number of the benefits touted by the proponents of such investing have been overstated.
The case for stable value fund QDIA
By Christine C. Marcks October 5, 2009The Department of Labor should help Americans achieve greater retirement security by adding stable value funds to the list of approved qualified default investment alternatives for 401(k) and other defined contribution plans.
Shadowy marketing
October 5, 2009As public retirement systems, state governments and the Securities and Exchange Commission try to clean up third-party marketing arrangements at public employee pension funds, more attention should be paid to so-called shadow marketers, or alternative marketing, to crack down on the practice.




