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Pension Funds
Latest Headlines
Latest Headlines
Public pensions embrace hedge funds
It's hard to believe, but public pension funds placed only 3.6 percent of their portfolios in hedge funds in 2010, according to Greenwich Associates. That compares with 1.7 percent in 2008. But allocations to hedge funds are bound to rise.
The New York City Police Pension Fund, for example, ha
What does Apple's popularity with hedge funds mean?
Goldman Sachs did the world a favor when it released its list of stocks that were the most widely held by hedge funds. At the top of the list was Apple, which has led to some unflattering portrayals of hedge funds for their lack of creativity.
"The one company that will, without a shadow of a
Pensions jump into the foreclosure fiasco
Big public pensions are now jumping into the foreclosure fray. The trustees for New York City's government pension funds have asked the boards of Citigroup, Wells, JPMorgan Chase, and Bank of America to crack down on shoddy foreclosure practices. The NYC retirement system owns about $1.77 billion
Small hedge fund seeding picks up
Are small hedge funds ( hedge fund news) set to thrive again? The great entrepreneurial burst of energy that created so many smaller-sized hedge funds before the financial crisis took root may be on the rebound.
Obviously, large hedge funds still have the edge. The regulatory climate and th
Hedge funds attract more inflows in February
Hedge funds ( hedge fund news) are gaining momentum. Global hedge funds accepted $16.6 billion in new investments in February, as pension funds and wealthy individuals bought in the wake of strong performances, according to Reuters .
The "flood of new money helped raised assets in the lo
Defending pension fund middlemen
Is the angst about those shadowy middlemen that place pension money with specific funds tainting legitimate industry consultants? It seems that way to the Blackstone Group. Bloomberg notes that Blackstone's Park Hill unit "has raised $104.2 billion for 65 funds since its creation in 2005."
Pensions still drawn to hedge funds?
The news in the hedge fund industry has been uniformly bad this year, especially in the second half of the year. But while there will be some upheaval and contraction, hedge funds are holding up much better than mutual funds and they remain an integral part of most institutions' strategies. Three
Private equity investors press to get their money back
While hedge funds have been struggling to keep limited partners from redeeming investments, the private equity industry was breathing a bit easier. Their agreements generally called for much longer, often 3-year, lock-ups that made the proverbial "rush to the exit" less likely. Indeed, some were t
Is green investing the future?
Can you really do right by investors and pensioners via green investing? Well, socially conscious investors would, of course, say yes. But a fairly big debate is raging. Some big funds are putting their money where there consciences are. The California State Teachers' Retirement Fund, one of the l
