The California Public Employees' Retirement System (CalPERS) will hold a global solicitation process for its new Transition Manager Program that will seek investment proposals from eligible mid-size external investment managers. The solicitation will open in July 2017.
Meridiam announced today that its team, Purple Line Transit Partners, LLC comprised of Meridiam, Fluor Enterprises Inc., and Star America Purple Line, LLC, has reached financial close to design, build, finance, operate and maintain the Purple Line project for the Maryland Department of Transportation (MDOT)...
According to David Lafferty, Chief Market Strategist, Natixis Global Asset Management, event risks that are accurately, or close to accurately, priced are difficult to hedge on the fly...
European equities manager Tim Stevenson gives his personal views on the UK referendum, assessing some of the current arguments around EU membership and the impact of a potential Brexit.
According to James Butterfill, Head of Research and Investment Strategy at ETF Securities, most investors believe that the greatest short-term impact - of fear of Brexit rather than Brexit itself - will be on sterling and consequently he has seen a big rise in short positions in our short-GBP ETFs...