Speakers In The News
GAIM USA 2012 SPEAKERS IN THE NEWS
Janet Cowell, State Treasurer, North Carolina SAS
to help North Carolina treasurer manage state pension risk
Seema R. Hingorani, Head of Public Equities & Hedge Funds, Bureau of Asset Management, NYC Office of the Comptroller COMPTROLLER
LIU ANNOUNCES PENSION FUNDS INCREASE MINORITY BROKER ...
Clifton S. Robbins, CEO & Portfolio Manager, Blue Harbour Group L.P. Blue Harbour Group Awarded $200 Million CalSTRS Mandate GREENWICH, Conn., Nov. 4, 2011 -- /PRNewswire/ -- Blue Harbour Group, L.P. today confirmed that the California State Teachers Retirement System (CalSTRS) has selected Blue Harbour to manage $200 million. The investment is being made by CalSTRS' Corporate Governance unit. Founded in 2004 by Clifton S. Robbins, Blue Harbour pursues an Active Ownership investment strategy by acting as a lead minority shareholder primarily in U.S. publicly traded companies, and working collaboratively with managements and boards to identify initiatives to create and unlock shareholder value. Read more: http://www.sacbee.com/2011/11/04/4031246/blue-harbour-group-awarded-200.html#ixzz1dEBXCgNI
David Villa, CIO, State of Wisconsin Wisconsin Pension Pumps Up Investment in Hedge Funds The State of Wisconsin Investment Board (SWIB) had invested a total of about $300 million in hedge funds as of August 31. (October 27, 2011) -- After a relatively late start into the hedge fund space -- investing into the sector for the first time in February -- the roughly $78.6 billion State of Wisconsin Investment Board (SWIB) has pumped up its investment into the asset class. The fund invested a total of roughly $300 million in hedge funds as of August 31, with an additional $100 million in October. There are no final numbers available for the month of September, the fund's spokesperson Vicki Hearing told aiCIO. "SWIB's move into hedge funds has been slow and deliberate beginning in January 2010 with the approval of the asset allocation that included a hedge fund strategy," Hearing said, noting that the money used to fund the hedge fund portfolio came from rebalancing during market changes into cash, or a liquidity fund.
Tony Hall, Chief Investment Officer, DUET COMMODITIES FUND GROUP LLC Despite suffering its first monthly loss of 2011 in September, Duet Group's year-old Commodities Fund is sitting pretty. The US$100 million fund largely escaped the summer bloodbath that victimized many prominent commodities hedge funds. Indeed, while its peers were losing ground in June, July and August, Duet Commodities was adding to its already-impressive early year gains. And despite falling 3.8% in September, the fund remains up 28% on the year, not far off its 33% peak for the year. "Our mantra is, nothing moves in a straight line," chief investment officer Tony Hall told Financial News. "We are not afraid of going short and we like volatility; we see movement as an opportunity to trade." Hall said the fund will likely soft-close early next year, when it reaches US$500 million in assets. "We want to stop for a breather and concentrate on the portfolio," he said.
Ash Williams, Executive Director & Chief Investment Officer, FLORIDA STATE BOARD OF ADMINISTRATION (SBA) Florida State Board commits $375 million to alternatives funds Florida State Board of Administration Tallahassee, committed a total of $375 million to private equity and venture capital funds, according to John Kuczwanski, communications manager. The board committed $150 million to private equity funds GSO Capital Opportunities Fund II and $125 million to Summit Partners Growth Equity Fund VIII-B, along with $100 million to Strategic Investors Fund V, a venture capital fund.
Eric Sprott, CEO, Senior Portfolio Manager, Sprott Asset Management Gold is a safe bet for investors - Sprott Gold has produced consistent returns in virtually all currencies year after year, and will continue to hit all-time highs, according to Sprott Asset Management chief executive Eric Sprott.
Teresa Ghillarducci, Bernard L. and Irene Schwartz Chair in economic policy analysis and director of SCEPA, the Schwartz Center for Economic Policy Analysis, The New School University Retirement crisis closes in on U.S. baby boomers MIAMI - Like many middle-class American baby boomers, Linda Carmona-Sanchez is anxious about slipping into poverty and says whatever dreams she once had about retirement in her "golden years" have turned into nightmares. "We don't value people here in this country, and we value you less if you're not healthy and strong," Carmona-Sanchez, 55, said. "To me it would almost be a welcome blessing to know that I would die rather than to be old and have to live in poverty," she said. Her anxiety is widespread. In a recent Gallup poll, 66% of Americans ranked not having enough money for retirement as their top financial concern. That was up from 53% a decade ago and raised a red flag for U.S. policymakers concerned about distress and downward mobility in the middle class.
Firms factor in Hispanic culture in striving to hit the right note Hispanics are the fastest-growing demographic group in the U.S. They're also among the least likely to invest and keep money in 401(k)s and other retirement-savings accounts, recent reports show. Sensing a business opportunity, several large financial-services companies are making a greater effort to engage Hispanic workers, believing they could become an important segment of the U.S. investor base.
Bill Lockyer, State Treasurer's Office, California State Treasurer Treasurer Lockyer defends clean-energy tax break The state treasurer on Wednesday called California's tax break program for clean-energy companies a "wise and needed one" despite the failure of its most high-profile recipient: the solar startup Solyndra. Treasurer Bill Lockyer told a panel of state lawmakers that the program is intended to promote the growth of alternative energy manufacturing plants in California and complements the state's push for renewable energy.
|
Sponsors |
          
|
|---|
