The Teacher Retirement System of Texas is part way through a state-side tour to visit other state pension funds that have implemented new technology systems, as it decides the best path for its own system review. (more…)

Terry Arthur and Philip Booth from The Institute of Economic Affairs explore whether Britain actually needs a financial regulator, concluding among other things that the FSA “is simply the wrong model to generate appropriate rules and regulations”. (more…)

The world’s second largest sovereign wealth fund, Norway’s Government Pension Fund Global, has experienced a material effect of the European sovereign debt challenges, a region where it holds more than half its equity holdings, and the BP oil spill. (more…)

Outspoken hedge fund manager, Cliff Asness, says breaking down the sources and challenges to manager performance will determine how investors should pay for alpha. (more…)

With continued, or even increased, nervousness surrounding the short-term future for most markets, the question of risk mitigation has once again come to the fore for institutional investors. But for defined benefit funds, in particular, this is an especially curly question. (more…)

Julia Leung

Investors may soon be able to invest in RMB-denominated ‘financial products’ on the Hong Kong stock exchange, which could also be a boon for the big global ETF providers. (more…)