The A$38 billion ($40bn) AustralianSuper fund has made an active decision not to engage in formal strategic rebalancing, instead looking to a dynamic allocation of assets, chief investment officer, Mark Delaney (pictured), explains.
Financial wonks and porn … read all about it
Wonk books, financial instrument porn, mea culpa books and prosaic condemnations – these are all part of the financial crisis sub-genre which emerged in the past two years.
Has the industry missed the future already?
The investment management industry will need to be restructured to meet the demands of ageing demographics globally.
CalPERS aligns performance pay with new allocation strategy
CalPERS is set to change its benchmarks for measuring performance compensation for senior investment staff so they are consistent with recent changes to its strategic asset allocation.
San Francisco stays faithful to equities
While some funds move towards more defensive allocations, executive director of the San Francisco Employees Retirement System, Gary Amelio (pictured), says the fund will maintain its belief in equities as it embarks on its five-year asset liability study.
That’s what I’m talking about …
When a consortium of investors, which included the Canada Pension Plan Investment Board, bought a majority stake in Skype from eBay in September 2009, it was valued at $2.75 billion. This week Microsoft agreed to buy Skype for $8.7 billion in cash.
