A Simple Theory of the Financial Crisis; or, Why Fischer Black Still Matters

Tyler CowenIn this month’s Financial Analysts Journal, Tyler Cowen professor of economics at George Mason University, Virginia makes sense of the current financial crisis by drawing on some of Fischer Black’s ideas.

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Temasek’s executive restructure

The S$172 billion ($120 billion) Singaporean investor, Temasek, has made a number of changes to its executive management structure, separating the executive director and chief executive positions and appointing a dedicated head of portfolio management. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Buying global private equity, step-by-step

One year into building a global private equity program, alongside its advisor StepStone, an A$97 billion ($78.8 billion)Â Australian large multi-manager posted a booming 200 per cent return on the back of some fortuitous secondaries investments. Simon Mumme reports. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Inflation challenge coming

Inflation is the main risk that investors and funds managers will need to manage in the next 20 years, according to Pippa Malmgren, principal of consulting firm, Canonbury Group. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Hedge funds hit in EU manager directive

The European Union (EU) directive governing the marketing efforts of hedge funds was passed on Tuesday, and gives offshore managers little wriggle-room to claim further distribution powers within the political bloc. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

CalPERS adds specialist consultants

CalPERS has made three additions to its General Pension Consultant Services Spring-Fed Pool, including a consultant that specialises in sustainable consulting, infrastructure and property with its sector-specific research including climate change. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Investors split on ways to play Asian property

While US property investors favour opportunistic bets in Asian unlisted real estate markets, their European and Asian counterparts are more likely to seek different types of exposure, according to new findings from INREV, an association of European investors in unlisted real estate. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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