Companies that manage investments for their pension plans in-house face a thankless job. The costs are high, the profits are low, and the rewards are limited. So Nokia USA shed its in-house pension ...
Now this is what you call a reversal of fortune. One year after losing 18 percent, Chris Hohn’s TCI Fund Management surged to a 33 percent gain in 2023. As a result, the London-based, ...
The value of Stan Druckenmiller’s U.S. stock portfolio shrank by about 20 percent in the first quarter, to approximately $2.94 billion, according to his Duquesne Family Office’s recent 13F filing.
The BCOM index is a broad-based commodity index representing 24 agricultural, energy and metals products. The last 14 months ...
KKR & Co. is deepening private equity inroads into the world of individual investors. KKR, co-founded by Henry Kravis in 1976, announced Wednesday that it has invested in iCapital Network and that ...
Some portfolio managers barely have enough time to do their own jobs — let alone teach their analysts how to do theirs. “It seems crazy, but I get it. I’ve been there,” said Brett Caughran, who spent ...
Inflows into Japanese stocks and bonds surged this year, showing that measures taken by the government to improve the asset management industry are working as planned. The inflows also reflect capital ...
Greenlight Capital, the value-driven long-short hedge fund, was up 4 percent in January, compared with just a 2.7 percent gain for the S&P 500 and a 1.6 rise for the Nasdaq Composite. The hedge fund ...
Sovereign wealth fund Qatar Investment Authority will invest $25 billion in Goldman Sachs Asset Management funds and direct investments, building on an existing arrangement. QIA will also become an ...
A brutal selloff of public business development companies has left investors struggling with a stark question: Are steep discounts signaling that a wave of defaults is coming or has fear run ahead of ...
On December 11, 2008, Bernie Madoff was arrested and charged for orchestrating a multi-billion dollar Ponzi scheme through his eponymous investment firm. The same day, Aksia founder Jim Vos and the ...
Russell Investments, owned by private equity firms TA Associates and Reverence Capital Partners, has hired a new global chief investment officer as well as president, marking the second time in three ...