AIMCo makes private equity top priority
Canada’s AIMCo is pushing innovation further, taking ownership stakes in energy groups and hedge funds, and going after private equity with renewed gusto.
GPIF insists on paying only for alpha
Hiro Mizuno, CIO of the world’s largest investor, told the CFA conference that in exchange for multi-year commitments its mandates would now claw back fees when firms don’t reach alpha targets.
Canadian case for active management
Many active managers in Canada were able to exceed a passive benchmark return by 50-100 basis points, net of fees, for the decade ending December 31, 2016, Russell Investments research has found.
Canadian pensions look east to Asia
Canada’s CPPIB and Caisse are both bullish on Asia, embracing hedge funds and separately managed accounts to capture opportunities, delegates at the CFA Institute Annual Conference heard.
CFA Institute’s Firm of the Future
A move from alpha-related products to outcome-oriented investments and the need for tech-savvy people are among emerging shifts that will be critical for success, a CFA Institute paper shows.
Eisman doesn’t see another Big Short
Steve Eisman, whose bet against subprime mortgages was chronicled in a popular movie and book, says reforms have reined in the leverage that led to his ‘end-of-the-world’ short from a decade ago.
