The international newspaper of money management August 29, 2008
P&I Podcasts
- P&I Roundtable: The post-traumatic credit disorder Published July 7, 2008
- Face to Face with Watson Wyatt’s Carl Hess Published June 23, 2008
- Funded status of U.S. corporate pension plans Published June 9, 2008
- Largest U.S. Money Managers Published May 26, 2008
- Cutting-edge Academics: Almgren on trading costs Published May 12, 2008
- Power Brokers Published March 31, 2008
- Delaplane for DC plans in 2008 Published April 28 and March 11, 2008
- P&I Roundtable: The best-execution challenge Published March 3, 2008
- M&A Roundtable Published Dec. 10, 2007
- Fixed Income Roundtable Published July 23, 2007
Highlights |
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Un-conventional thinkingReformers are licking their chops over next week's Democratic National Convention, with high expectations to put new corporate governance rules such as “say on pay,” higher taxes on hedge funds and private equity shops, and wider pension coverage squarely on the blue party's platform. Read more |
Early birdsWhen the Federal Reserve moved to fix panicked fixed-income markets last fall, Stephen Walsh, chief investment officer, and other WAMCO officials thought credit was safe again. They were wrong. Read more |
Alpha thisSome Middle Eastern and European institutional investors are reviewing or reducing their hedge fund allocations, concerned that some managers are charging excessive fees for too little alpha, lack transparency or are struggling to reap excess returns. Read more |
Slow roadMoney managers, like PIMCO's Mohamed El-Erian, think the credit bust is going to be more pernicious than previously thought, and the recovery slower and more subdued. Read more |
Cash hungrySome hedge funds long closed to new investment have thrown their doors wide open, seeking new cash in order to keep the lights on. Read more |
Backup planMartin B. Kaplan left college interested in finance and real estate investment but became a lawyer as backup in case his finance plans didn’t pan out. They did and today he runs one of the world’s largest and most institutional hedge fund-of-funds managers. Read more |
Sour tastePrivate equity was on fire in 2006 and 2007, but investors who fueled the record fundraising then might get burned now. Read more |