The California Public Employees' Retirement System (CalPERS) today reported a 12.5 percent return on investments for the 12 months that ended June 30, 2013, outperforming its benchmark by 1.5 percentage points. CalPERS assets at the end of the fiscal year stood at more than $257.8 billion.
The remainder of 2013 is setting up for further gains
and hedge funds are positioned to take advantage of the
opportunities. The US economy is expanding steadily
and growth will likely accelerate in the 2nd half of the year
as fiscal restraint wears off.
Policy makers increasingly wish to see institutional investors become more involved in the financing of the real economy...
BofA Merrill Lynch Fund Manager Survey Finds Investors Positioning For China Slowdown and Low Inflation...
Nomura Asset Management U.K. Ltd. today announced that it has seen strong inflows into its Japan Strategic Value Fund, enabling it to surpass $1 billion of AUM and become one of the biggest funds in the sector.