A fund’s overall investment strategy should lead how senior staff are compensated, a recent survey into pension fund pay levels found. KPA Advisory Services recently asked 37 funds with combined assets of more than $2.2 trillion about how they structured their pay for senior staff and published the results in its latest monthly, The Ambachtsheer... Read more »
Investors want significant improvements in the way hedge funds interact with investors, and have called for greater reporting and transparency in a recently published guide to the industry.
The recent alliance between Mercer Investment Consulting and Callan Associates to acquire the bulk of Evaluation Associates – the investment consulting arm of Milliman Inc – could be the start of a cooperation that targets other potentially attractive acquisitions in the US industry.
The Alaska Permanent Fund has made allocations to three alternative investment programs and begun a new push into timber and diversified inflation funds hiring Callan to conduct searches.
Competition and debt concerns have scuttled an ambitious proposal by a consortium of nine Canadian banks and pension funds to acquire the country’s biggest stock exchange.
The recent rally in the US dollar after fears about a slowdown in China and Eurozone government debt has focused attention on what lies ahead for the world’s major reserve currency and the implications for funds’ hedging strategies.
Funds managers, pension trustee boards and fund members should adjust to a low-returns environment and think carefully about investment risk in such uncertain times, warned Tim Gardener, global head of consultant relations at AXA Investment Managers (AXA IM) and a veteran of the UK asset consulting industry.
Dutch Pension fund administrator APG will open up innovative investment ideas to other institutional investors, with the IMQubator hedge fund seeding platform it has backed launching a second fund to channel money to emerging managers.
CalPERS has hit out at a report calling for radical change in the way California public sector pension benefits are calculated, describing the authors’ methodology as flawed and ideologically slanted.
While the China-growth story was not new, an expert in investing in the region said investors should consider if their current exposure to the economic giant took advantage of where future growth was predicted to occur.
CalPERS is set to change its benchmarks for measuring performance compensation for senior investment staff so they are consistent with recent changes to its strategic asset allocation.
A year after the so-called flash crash damaged confidence in equities, exchange regulators across the world were scrambling to catch up, leaving investors with an increasingly complex range of market microstructures to navigate, experts said.