European investors – and probably many others – are “understandably skittish”, according to Mercer Investment Consulting, as the risk of a double-dip recession has increased modestly, the consulting firm says in its latest medium-term valuation review.
Consider this: the first human being – probably a white woman – will live beyond her 125th birthday within the next 20 years. Imagine the implications for her pension plan.
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Requests For Proposals (RFPs) for a master custodian and a replacement risk management system are priorities for CalPERS as it undertakes a systems and controls strategic initiative this financial year.
The $31 billion Australian government-backed asset manager, VFMC, has reaped big rewards from its belief in the hedge fund managers it backed five or more years ago.
CalPERS will review all elements to the methodology of its successful focus list in the coming months, as the latest study by Wilshire shows companies on CalPERS’ radar over the past 23 years have had a total return turnaround of 32.5 per cent on average.
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The Chinese Government is expected to provide details this month of its new fund – being dubbed the “Industrial CIC” or” CIC 2” – which will centralise oversight of various state-owned businesses.
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