CalPERS tells its board that the very same lax risk management oversight structure that led to the London Whale fiasco is “best practice” when it clearly isn’t.
Read more...No matter how bad you think things are at the SEC, you routinely find out that they are worse, as a recent conference revealed.
Read more...CalPERS ventures into the looting of local populations via investing into a famous toll road-gone-bad deal that has been restructured.
Read more...Hedge funds are trying to sell a (sort of) new idea, that of permanent capital. But why on earth would anyone in their right mind buy it?
Read more...Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
Read more...CalPERS’ tainted fiduciary counsel, Robert Klaunser, effectively told the Vermont public pension fund that CalPERS is violating its fiduciary duty.
Read more...Private equity investors are throwing caution to the wind as even more money chases funds.
Read more...Hedge funds are having a major comeuppance. Couldn’t happen to a nicer bunch.
Read more...Hedge funds are finally getting a long overdue comeuppance.
Read more...Sanders’ financial transactions tax plan hasn’t gotten the hearing it deserves.
Read more...CalPERS told two very different stories about how well its investment in Silver Lake, the general partner, fared. Which should we believe?
Read more...The owners of offshore funds really might be seeing their comeuppance.
Read more...North Carolina takes a big step backwards by allowing its sole state pension trustee take jobs that create glaring conflicts of interest.
Read more...Big money investors are finally starting to embrace hedge fund clones. But why did it take so long?
Read more...This is a big week for the future of American industry. Chinese Premier Xi Jinping will meet one-on-one with President Obama on the sidelines of a summit in Washington. The Chinese will apparently use the meeting to make a new offer on a bilateral investment treaty that would pave the way for more foreign direct […]
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