Like most asset allocation strategies, the ‘endowment model’ for investing was challenged by the financial crisis and its practitioners have learnt lessons from the episode, according to Sandra Urie, CEO at Cambridge Associates, an asset consultant with deep experience in the field.
Hang the expense: Norwegian fund chases Spanish alpha
The Norwegian Government Pension Fund has outsourced the management of its Spanish equities to one of the country’s top-performing managers.
Indonesia pips China in emerging markets equity race
In Asia’s emerging markets equities race, China is the fastest growing by size, but Indonesia has ranked first in growth in both the past five and 10 years.
US providers face tough disclosure laws from July
Service providers in the US will be required to disclose any direct and indirect compensation to plan fiduciaries from July 16, 2011, under new regulations issued by the Department of Labour.
Korea and Abu Dhabi funds signal future co-investments
The South Korean Government has teamed with Abu Dhabi’s largest sovereign wealth fund, the $627 billion Abu Dhabi Investment Authority (ADIA), to jointly pursue future investment opportunities.
Scots dig deep in lobby to house Green Bank
An alliance of Scotland’s finance sector, power and renewable energy firms and universities is backing a campaign being taken to Westminster, to lobby ministers on Edinburgh being the ideal home for the Green Investment Bank being set up by the UK government.
