CNP Assurances has entered into an agreement to acquire a 51% stake in Pan Seguros (excluding its large risks P&C portfolio) and Pan Corretora from Banco BTG Pactual (“BTGP”). Caixa Economica Federal (“CEF”) holds indirectly 49% in both companies.

The recent CTA performances encourage institutional investors to more closely monitor this type of hedge fund. Thus, according to Preqin, 52% of them wish to increase their exposure to this type of alternative strategy this year (vs 14% last year).

Pierre Richert, Agrica CFO – mutual company dedicated to the agriculture sector – still does not invest in quant funds. He considers necessary to enhance transparency, performance attribution and especially regulation for this kind of funds.

Year to date, most alternative strategy performance are negative. Despite this challenging environment, CTAs have recorded an excellent start since the beginning of the year. According to Credit Suisse, CTAs posted a gain of 7.38% in late February 2016, the strongest performance of all alternative strategies...

The California Public Employees' Retirement System's (CalPERS) today approved a new five-year strategic plan for its Real Assets asset class. The new plan for the asset class, which includes the Real Estate, Infrastructure, and Forestland programs, largely continues the investment goals and parameters of the programs' previous strategic plans, but better harmonizes nomenclature and aims to further reduce risks, costs, and complexity.