22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns
Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
Read more...Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
Read more...CalPERS has long covered up its dirty linen, including by making uninformative presentations to the board.
Read more...CalPERS governance has become so visibly defective that a normally loyal retiree organization has gone into revolt.
Read more...CalPERS’ Board Vice President Theresa Taylor shoots herself and CalPERS in the foot.
Read more...The World Bank is trying to rebrand a failed public private partnership scheme as “blended finance”. Developing countries, beware.
Read more...A theory of net worth and what that means for measurements of wealth.
Read more...Failed CEOs succeed in looting their companies on the verge of bankruptcy filings.
Read more...CalPERS needs to come clean about its Ben Meng mess. A pending Carlyle transaction shows it’s still in cover-up mode.
Read more...The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.
Read more...CalPERS CEO Marcie Frost does not appear to have a good grasp of the conflict-of-interest rules that apply to her role.
Read more...CalPERS has yet to clear up an anomaly in its reported preliminary returns.
Read more...CalPERS is bizarrely unable to control its bad impulses.
Read more...Vanguard behaves very badly.
Read more...CalPERS Chief Investment Officer Ben Meng has left abruptly. If you’ve been paying attention, this isn’t a total surprise.
Read more...CIO Ben Meng demonstrates why CalPERS can’t be trusted….even as the giant pension is pushing legislation to be able to make loans in secret.
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