News and video about Investing/portfolio strategies from Pensions & Investments
Overland Park police, fire pension funds pick bond, real estate managers
trueOverland Park (Kan.) police and fire department pension funds hired Garcia Hamilton & Associates to manage a total-return fixed-income portfolio and Bailard to run a core-plus real estate fund.
Northern Trust AUM rises 3.5% in quarter, 13% for year
trueNorthern Trust Corp. reported assets under management of $915.4 billion as of March 31, up 3.5% from three months earlier and up 13% from a year ago.
Ossiam to help China index leader develop minimum variance index
trueOssiam, a Paris-based quantitative money manager, announced Tuesday it had signed an agreement to help China's largest index provider, China Securities Index Co., develop a minimum variance index based on that firm's CSI 300 benchmark.
Are low yields bullish for P/E's?
trueOf course, there are still investors who believe that higher valuation multiples are justified by historically low interest rates. However, I’m not in that camp. Multiples should be driven by expectations for earnings growth. Currently, historically low interest rates reflect subpar economic growth ...
CalPERS, NYC Retirement Systems oppose Duke Energy directors in coal-ash spill aftermath
trueCalPERS and the New York City Retirement Systems are calling on shareholders to oppose the re-election of four independent directors to Duke Energy Corp.'s board, accusing them of having “failed to fulfill their obligations of risk oversight as members of a committee overseeing health, safety and ...
ERAFP scouting for SRI corporate bond managers
trueERAFP is searching for three money managers to run U.S. dollar-denominated socially responsible investing corporate bond funds.
Texas Permanent seeks emerging markets equity managers
trueTexas Permanent School Fund, Austin, will search for its first emerging markets equity managers to run a total of $888 million.
Pitzer College endowment OKs divestment of fossil-fuel stocks
truePitzer College plans to divest its $125 million endowment of fossil-fuel stocks.
New York State Teachers looking to fill manager of external public equities position
trueNew York State Teachers' Retirement System is seeking a manager of external public equities.
New Jersey on lookout for high-yield, municipal fixed-income advisers
trueNew Jersey Division of Investment which manages investments for the $76.8 billion New Jersey Pension Fund, issued an RFP to hire as many as eight investment advisers for its internally managed high-yield fixed-income portfolio and two advisers for its internally managed municipal fixed-income ...
Walking the high-frequency tightrope
trueControversy over high-frequency trading, fomented by Michael Lewis' new book, highlights the conflict many chief investment officers experience over the practice.
Pension funds ride stock market roller coaster
trueGains in the U.S. stock market since February have allowed three pension fund executives to take advantage of the returns in a long-running bull market, although recent declines in the technology sector and concerns over early first-quarter earnings reports suggest the market could continue to lose ...
Institutional money continues pouring into equity markets
trueWith the bond bull market coming to an end, equities have been seeing growing net inflows from institutional investors, despite stock markets' recent declines.
trueOFI Global Asset Management's Global Value strategy may not fit today's widely accepted definition of value. Rather, it echoes the principles of Graham and Dodd, the fathers of value investing. Randy Dishmon explains how he cuts through the complexity to keep it simple-and successful.
Absorption ratio getting new converts
trueThe markets currently look “resilient,” a condition that should give investors confidence to pursue aggressive risk-seeking strategies with little chance of a shock exposing them unprepared for loss, according to Mark Kritzman.