Investments
CalSTRS makes estimated $11 million on Caesars stock sale
The $144.8 billion California State Teachers' Retirement System, West Sacramento, earned an estimated $11 million from selling its entire holdings in Caesars Entertainment Corp., which began trading...
February 08, 2012 | 04:18 pm
Diversification, ha! Fink says go all-in on equities
Investors should have 100% of investments in equities because of valuations and higher returns than bonds, said BlackRock Chairman and CEO Laurence D. Fink.
February 08, 2012 | 11:28 am
French pension fund seeks 2 convertible bond managers
The €11.4 billion Etablissement de Retraite Additionnelle de la Fonction Publique is searching for two convertible bond managers to run a combined €210 million.
February 08, 2012 | 01:52 pm
Calculate added value for clients considering shifting assets to index funds
We are a long-only equity manager investing in U.S. small-cap stocks. While our performance has been above the benchmark over the long term, one of our clients believes they should move their assets...
February 08, 2012 | 01:01 pm
Institutional investors stand to gain from Facebook IPO
The venture capital portfolios of the University of Michigan Board of Regents, Oregon Public Employees Retirement Fund and California State Teachers' Retirement System are among the investors that...
February 08, 2012 | 12:15 pm
Coherence Capital Partners spins out from Jefferson National Financial
Coherence Capital Partners has been formed from a spinout of the asset management unit of insurer Jefferson National Financial.
February 08, 2012 | 11:23 am
French pension fund looking for 2 real estate managers
Etablissement de Retraite Additionnelle de la Fonction Publique, Paris, is searching for two real estate managers to run a combined €660 million.
February 07, 2012 | 02:54 pm
New Mexico Investment Council pares hedge funds of funds
New Mexico State Investment Council has “substantially completed” the consolidation of its hedge fund-of-funds portfolio, whittling it down 31% to $711.2 million.
February 07, 2012 | 04:08 pm
IMRF eases emerging manager guidelines
Illinois Municipal Retirement Fund loosened its guidelines for approving bids from managers owned by minorities, women or people with disabilities when they are not the lowest bidders.
February 07, 2012 | 03:30 pm
Arkansas Teachers commits to Natural Gas Partners
Arkansas Teacher Retirement System, Little Rock, on Monday committed $35 million to Natural Gas Partners Fund X.
February 07, 2012 | 03:02 pm
Spinner Asset Management to open long/short equity hedge fund to outsiders
Spinner Asset Management will open its second long/short equity hedge fund, Clover Street Fund, to outside investors on March 1.
February 07, 2012 | 02:41 pm
Hedge funds underestimating EU's will to force Greek losses
Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policymakers to impose losses on them, according to investors who say trying to beat the...
February 07, 2012 | 10:42 am
Ohio Public Employees raises target allocations for hedge funds, debt
Ohio Public Employees Retirement System increased its target allocations to hedge funds, global high-yield and emerging markets debt, and created a new internally managed credit portfolio.
February 06, 2012 | 03:29 pm
Institutional investors turn to customized indexes for government bonds
Institutional investors are turning to customized indexes for their passive government bond investing, a trend likely to gain more traction as sovereign credit risk in the developed world...
February 06, 2012
LACERA reviews fixed income to prepare for asset-liability study
Los Angeles County Employees' Retirement Association is reviewing its fixed-income structure in preparation for conducting an asset-liability study later in the year.