Tag:
Diversification
Latest Headlines
Latest Headlines
PIMCO's bond ETF takes new approach
PIMCO ( PIMCO news) recently launched its Investment Grade Corporate Bond Index Fund (CORP), an ETF that tracks broadly the Bank of America Merrill Lynch US Corporate Index with a novel optimization aspect that seeks to weed out some securities. The fund is managed by Vineer Bhansali, managin
How much will pensions invest in hedge funds?
A lot of institutions got burned in the hedge fund pyrotechnics that flowed from the financial crisis. But pensions are as interested as ever in investing in hedge funds specifically and alternatives generically. Agecroft Partners predicts that pension plans will significantly increase their exp
Blackstone eyes more revenue from advisory work
Blackstone Group is a private equity firm, but like its big name competitors, it sees the value--indeed, the necessity--of diversification. For the second quarter, revenue from financial advisory work rose 62.4 percent from a year earlier, to $135.6 million, notes IDD . The corporate advisory
CalPERS at a crossroads
CalPERS, the world's largest pension fund, has arrived at a crossroads. The credit crisis has not been kind to it and its plans to diversify away from the United States and away from stocks and bonds. The pension's asset value peaked at $260 billion in October 2007 before plunging to $160 billion
Columnist: Madoff victims were also accomplices
In all the coverage of the Madoff guilty plea, it was hard not feel sorry for all the victims, some of whom were quite famous. A columnist in the New York Times offers a contrarian take, suggesting that the victims certainly bear some responsibility for their loss.
"Isn't the first lesson
