The Florida State Board of Administration (SBA) looks set to reject substantial governance reforms recommended by its consultant, Crowe Horwath. (more…)
Despite ongoing uncertainty facing the world economy, institutional investors are planning to increase their allocations to alternative assets, with alternative asset researcher Preqin predicting the hedge fund industry could rebound next year to pre-global financial crisis (GFC) levels. (more…)
The rise of sovereign wealth funds signals a shift in the balance of economic and financial power in the world, with fast-rising powers creating sovereign wealth funds to invest vast sums of relatively new-found wealth. (more…)
High profile members of Australia’s financial services sector, senior political figures and offshore managers met last month in New York and London to discuss the risks and opportunities involved in entering Australia’s fast growing investment market.
Australia’s ambassador to the United States, Kim Beazley, was at key note speaker in New York and other speakers at the Opportunity Australia series included representatives from Australia’s $79 billion sovereign wealth fund, senior investment staff from major superannuation funds and executives from the country’s leading legal, banking and financial services companies.
[vslider name=”OppAusNY”]
[vslider name=”OppAusLondon”]
Trouble-shooting consultant, Jim Ware, who has worked with the likes of Texas Teachers and Cornell University, gives his tips on selecting managers and as well as how to deal with the “investment” personality type, which makes up only 5 per cent of the population. (more…)
The $38 billion United Nations Joint Staff Pension Fund (UNJSPF) has begun to implement the recommendations of the Hewitt Ennis Knupp asset-liability study which, among other things, recommended higher allocations to indirect assets, emerging markets and private equity. (more…)