Table of Contents
Issue Date: Monday, September 17, 2012
California Gov. Edmund G. Brown Jr.'s signing last week of a pension reform package not only won't bring significant savings for years but it pales in comparison to efforts by other states to rein in public pension costs, say policy experts.
Hedge fund managers are becoming trusted advisers to their clients, adding the role of portfolio consultant to their investment duties for large and small investors.
Some bond managers are making hay on the recent turnaround of sovereign debt issued by peripheral eurozone countries as European leaders have made sweeping commitments to solve a debt crisis now in its third year.
Boeing Co., Chicago, is proposing closing its defined benefit plan to new hires in its West Coast engineers union and placing them in an enhanced 401(k) plan as part of its overall strategy to close its DB plans to new employees.
Institutional investors have been allocating more money to master limited partnerships over the past 12 months, attracted by the hefty cash distributions and inflation-hedging charms offered by the fast-growing market niche.
Governments in both the U.K. and the Netherlands are helping to pave alternative routes to infrastructure investing for pension funds.
Clean technology managers are redoubling their efforts to attract capital, but investors will have to pick through a landscape of failed efforts to find the managers with winning strategies.
Assets invested in passive target-date funds are growing at a much faster rate than those in active target-date funds, although active funds still have a substantial majority of assets.
Institutional investors might be overlooking investment opportunities in exchange-traded funds because they are using inadequate metrics to gauge the funds' liquidity.
The gap between the growing assets managed by large hedge fund managers and the dire declines of many hedge funds-of-funds firms widened into a chasm over the past year.
P&I profiles and ranks the largest managers of indexed assets.
Today marks the first anniversary of the emergence of the rabble-rousing and passionate Occupy Wall Street movement, an appropriate time to reflect on the meaning for institutional investors of its foundational issues of corporate greed and corruption.
Patron Capital's founder Keith Breslauer uses climbing, altruistic pursuits to balance responsibilities of running a real estate private equity firm.