A Dallas-based investment manager has hired a director of business development to lead its marketing and investor relations for existing and prospective investors.
Nonprofits are increasingly looking toward illiquid investments and fundraising for income due to downward pressure on their operating revenues as a result of the COVID-19 pandemic, according to a recent survey.
Some PSERS staff believe the probe’s findings could be damaging to their reputations. So their lawyers are pushing for the report to be kept private or contain rebuttals.
While the average hedge fund asset allocation by public pension funds has been on the decline due to concerns with low performance and high fees, interest from Canada’s largest pension fund remains strong.
Defined benefit (DB) pension schemes should pay more attention to optimising their inflation hedging strategies due to current volatile inflation rates, according to LCP.