CalPERS will standardise the process by which it selects investment partners as part of the investment office’s roadmap for 2011-2012 which includes six strategic priorities including the new categories of talent management and investment performance.
Bauer to head Rotman programs
The former head of research at ABP, and renowned pension academic, Rob Bauer, has been appointed associate director, programs, at the Rotman International Centre for Pension Management.
Smaller hedge funds suffer in insto-driven market
Smaller hedge fund managers, which may well include some of the best performers, are struggling for inflows due to the institutionalisation of the hedge fund industry, new research from Preqin indicates.
Rethinking Asset Allocation
Modern Portfolio Theory is being updated with new technuiques that take advantage of the vast computational and information-aggregation capabilities available in contemporary financial markets. Increasingly, frequent non-normal returns and dramatic swings in valuations suggest that management of tail risk may emerge as a new frontier of asset allocation. Click here to download the report
Even the smartest guys can do stupid stuff
From recently compiled figures, there also seems to be a big disconnect developing between what pension funds are doing and what mutual funds are doing.
Investors desert Egypt’s unsettled fare rows
Civil unrest in Egypt, in particular, and other Middle-eastern and some African countries has been blamed for causing further investor outflows from emerging markets in recent weeks.
