hedge funds

Investor Profile

Air Canada’s TCC prepares for take off

Air Canada, the pension fund for Canada’s flagship carrier, is preparing to manage external assets in a bid to let other pension funds and institutions tap into its top decile performance and 65-strong expert internal team.

Sarah RundellDecember 4, 2019

Investor Profile

Bridgewater and UTIMCO talk China

The $41 billion University of Texas Investment Management has been investing in China since 2007 and its CIO, Britt Harris says it “must be taken seriously”. Presenting at the endowment's board meeting, co-CIO of Bridgewater, Bob Prince, agreed, saying “China is too big to avoid”.

Sarah RundellOctober 17, 2019

Texas’ ERS eyes hedge fund start-ups

The Employees Retirement System of Texas is looking to allocate more capital to start-up hedge funds and take ownership stakes after backing Cinctive Capital Management in New York.

Sarah JonesSeptember 26, 2019

Asset Allocation

ADIA boosts internal active fixed income

The $700 billion Abu Dhabi Investment Authority, ADIA, is boosting its internal fixed income capabilities and scaling up capacity to run active strategies in-house as it simplifies the portfolio to become more fleet-of-foot.

Sarah RundellJuly 29, 2019

Investor Profile

Portable alpha slashes pension deficit

The $15 billion International Paper corporate pension fund may be on a de-risking glide path, but vice president of investments Robert Hunkeler proves there is still plenty of room for innovation, including portable alpha. All investments are outsourced.

Sarah RundellMarch 13, 2019

Fees

Does it pay to pay performance fees?

A new study finds no statistical evidence that returns of pension funds that pay performance fees for active investing are significantly higher or lower than the returns of pension funds that don't.

Dirk Broeders, David Rijsbergen and Arco van OordMarch 12, 2019