Kristen Paech talks to Michael Hanson-Lawson, CEO of East Capital Asia, about the new kid on the emerging markets block – Eastern Europe – and why pension funds should consider an allocation to the region, which has tripled nominal GDP over the past five years.
The real effects of banning placement agents in private equity
Preqin has canvassed public pension funds and other investors in the US to examine the specific effects of the SEC’s proposed rules relating to the introduction of the Advisers Act Rule 206(4)-5, on the private equity industry. The report includes key statistics on the use of placement agents, the importance of private equity and other alternative investment funds using third-party marketing to the portfolios of public pension plans, and the size of the placement industry.
Abu Dhabi Fund eyes equities but hits valuation wall
A big, multi-billion dollar scheme, the Abu Dhabi Retirement Pensions and Benefits Fund began deploying its capital across global markets in 2005. Simon Mumme speaks to chief investment officer Stefan Cowell about the fund’s current investment appetite and the steep learning curve it is charting.
Fiduciaries and investors ‘divided’ over inflation
There is a fundamental disconnect emerging between fiduciaries, and their underlying ‘real’Â investors, on whether deflation or inflation is the prevailing investment theme, according to political and policy consultant Pippa Malmgrem, who spoke with Michael Bailey about why the prevailing model of strategic asset allocation has to change.
AP2, AP4 hail active management
Swedish buffer funds AP2 and AP4, have hailed active management as a major driver of profits in the first half of the year, at a time when the Government has challenged the value of active management and launched a review of the funds’ costs management.
New method for incentive compensation at CalPERS
CalPERS is contemplating an incentive schedule for senior investment executives that builds in downside risk, by expanding the range of the factor multipliers for the quantitative elements of investment performance plans, a move which could potentially eliminate a small compensation incentive award.
