News and video about Investing/portfolio strategies from Pensions & Investments
S&P Dow Jones: Pound-denominated equity funds blister past benchmarks
trueThe majority of U.K. and European actively managed equity funds denominated in pounds outperformed their benchmarks over 2013, while euro-denominated funds lagged.
Orange County mulls decision between active smidcap search or switch to passive
trueOrange County Employees Retirement System's investment committee is scheduled to decide whether to launch a search for an active domestic smidcap value equity manager or switch to a passive strategy, the agenda for the July 30 meeting shows.
NYC Retirement Systems post 17.4% fiscal year return
trueNew York City Retirement Systems achieved an estimated return on investments of 17.4% for the fiscal year ended June 30, said a news release issued Monday by Comptroller Scott Stringer, adviser and custodian for the five pension funds that make up the retirement system.
Marc Faber heavy on gloom and doom at CFA seminar
trueMarc Faber, publisher of the “Gloom, Doom and Boom” newsletter warned against lofty asset valuations, excessive debt and investor complacency as he discussed his views on the market at a CFA Institute financial analysts seminar in Chicago Thursday.
Oklahoma Police launches search for large-cap core manager
trueOklahoma Police Pension & Retirement System is searching for a passive domestic large-cap core equity manager to run approximately $350 million.
Morningstar exec urges fossil fuel write-down
truenvestors should write down the value of fossil fuel assets because of the environmental risks associated with hydrocarbon energy, even though there is no current viable replacement, Jason Stevens, director, energy equity and credit research at Morningstar, said at a CFA Institute financial analysts ...
Managers pessimistic on credit defaults, survey finds
trueCredit portfolio managers are more pessimistic about the outlook for credit defaults in the next 12 months but see stable credit spreads in North America and tighter spreads in Europe over the next three months
Lower equity return forecast will increase risk taking, manager warns
trueInvestors will step up risk in their portfolios in response to an expectation of low rates of return in equities forecast for the next 10 years, Charles S. Bath said Tuesday at the CFA Institute financial analysts seminar in Chicago.
Sarasota Firefighters names 3 finalists for U.S. large-cap search
trueSarasota (Fla.) Firefighters' Pension Fund plans to interview active domestic large-cap value equity managers HGK Asset Management, Rothschild Asset Management and WEDGE Capital Management at its Aug. 27 board meeting.
SSgA records 4.2% hike in AUM for quarter
trueState Street Global Advisors had $2.48 trillion in assets under management as of June 30, up 4.2% from three months earlier and 15.6% higher than a year ago, said parent company State Street Corp.'s earnings announcement Tuesday.
Hedge fund manager Winton Capital making headway with long-only strategy
trueNorth American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company.
Greenwich Associates: Goldman Sachs leads U.S. fixed-income dealers in market share
trueGoldman Sachs holds the top spot among U.S. fixed-income dealers, according to a report from Greenwich Associates released Tuesday. Goldman had 12.1% of all market share based on institutional trading volume over the past 12 months, followed by Deutsche Bank (11.7%) and Citi (11.5%), according to ...
New York State Common Retirement Fund drops Cap Guardian for emerging markets equity
trueNew York State Common Retirement Fund, Albany, terminated Capital Guardian as manager of a $430 million emerging markets equity portfolio, said information on the website of state Comptroller Thomas DiNapoli, sole trustee of the $176.2 billion pension fund.
Russell Investments: Market volatility dangers likely
trueInvestor complacency, unsustainably low volatility and stretched equity market valuations might lead to market shocks, said the third-quarter update of Russell Investments’ Strategists' 2014 Global Outlook.
Poll results: How long after the Fed ends bond purchases will long-term rates rise?
trueAlmost half of P&I Online readers responding to last week's poll believe it will take several months for rates to rise after the Federal Reserve stops bond purchases, expected in October.