Institutional investors need to be able to clearly define where returns are coming from in their hedge fund portfolios, whether it be alpha, hedge fund beta or market beta, and be conscious of the fees for each return source, principal and co-founder of AQR Capital Management, Cliff Asness, told delegates at the Fiduciary Investors Symposium in Beijing. (more…)
The Chinese Government is considering the feasibility of investing the assets of the $375 billion Social Security Fund outside its current mandate of treasury bonds and bank deposits.
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Investors in News Corp have clearly signalled that they oppose Rupert Murdoch’s plans to pass control of the media giant to his children, voicing strong opposition to the re-election of sons Lachlan and James Murdoch to the board at the company’s annual general meeting last week. (more…)
Russia’s central bank, which has $558.4 billion in foreign exchange reserves, has appointed National Australia Bank to manage up to 1 per cent, or $5.58 billion, of its assets in Australian cash instruments. (more…)
Top1000funds.com’s Sam Riley talks with Jessica Donohue, a senior managing director at State Street Associates, about the drive to move beyond traditional inflation measures. (more…)
Fixed-fee compensation is one of the defining characteristics of the contract between Pensioenfonds Vervoer and its new fiduciary manager, Robeco, chief investment officer Patrick Groenendijk told delegates at the Fiduciary Investors Symposium in Beijing. (more…)