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Global search activity down, but US pension funds hire and fire

US pension funds increased their manager search activity in 2008 on the back of large losses in equity markets, while funds in the UK, Europe and Australia ditched searches to concentrate on strategy issues. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

ICGN appoints Rosen to ex dir as Simpson departs to CalPERS

The International Corporate Governance Council (ICGN) has appointed Carl Rosen, head of corporate governance at the Second Swedish National Pension Fund (AP2), as its new executive director replacing Anne Simpson who will join CalPERS as senior portfolio manager for corporate governance this month. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Australian Future Fund piles into debt

The $A51.2 billion ($37.9 billion) Australian Future Fund has quintupled its allocation to debt in the past year, significantly upweighting its exposure to debt securities in the last quarter to 21.9 per cent of the fund. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Governance review to facilitate speedy decisions at SWFs

Sovereign wealth funds are prioritising a review of their internal risk management frameworks and better communication with their stakeholders regarding expectations of financial markets, according to Patricia Pascuzzo, global head of national funds consulting at Mercer. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

The marginal investor: thoughts from the edge

What’s in a Name (or an Acronym)? GFC is in the lexicon. It’s not in mine. I refuse to add to the surplus of investment TLAs in  circulation. I refuse because naming induces a dangerously comforting sense that we’ve understood or even controlled that named. Hurricanes sound less malevolent, friendly almost, when called Kylie or

The stochastic advantage: volatility creates opportunity

Robert Garvy, chief executive officer of Florida-based INTECH Investment Management, talks to Kristen Paech about the benefits of mathematical investing, and the blurring of the line between passive and active investing. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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