The ‘global ethical crisis’ will be the subject of the Conference of Major Super Funds 2009 opening plenary session, with World Vision chief executive Tim Costello discussing the effects of the financial meltdown beyond the headline economic figures.
CMSF addresses the 'GEC'
Giving the BlackBerry a rest
Giving the BlackBerry a rest
Private equity valuations to freefall in 2009
Private equity fund values are expected to plummet by more than half in 2009, with well-known large buyout funds performing little better than less well-known ones, an analysis by Pensions & Investmentsshows.
No matter how you slice the existing data — be it the analysis of publicly traded portfolio companies, returns of publicly traded private equity funds or secondary market valuations — private equity returns are in for a steep decline, just when investors could use them most.Private equity valuations to freefall in 2009
Private equity fund values are expected to plummet by more than half in 2009, with well-known large buyout funds performing little better than less well-known ones, an analysis by Pensions & Investmentsshows. No matter how you slice the existing data — be it the analysis of publicly traded portfolio companies, returns of publicly traded private equity funds or secondary market valuations — private equity returns are in for a steep decline, just when investors could use them most.
Madoff aftermath could see SEC and CFTC merge
Bernard Madoff’s alleged US$50 billion Ponzi scheme is breathing new life into Bush-era proposals that could subject money managers to a new layer of regulation as well as a merger of the SEC and the CFTC, financial industry lobbyists said last month.
The regulatory proposal, if enacted, would subject money managers for the first time to the scrutiny of a self-regulatory organisation (SRO), submitting managers to the same sort of oversight that broker-dealers get from the Financial Industry Regulatory Authority (FINRA).
Madoff aftermath could see SEC and CFTC merge
Bernard Madoff’s alleged US$50 billion Ponzi scheme is breathing new life into Bush-era proposals that could subject money managers to a new layer of regulation as well as a merger of the SEC and the CFTC, financial industry lobbyists said last month.
The regulatory proposal, if enacted, would subject money managers for the first time to the scrutiny of a self-regulatory organisation (SRO), submitting managers to the same sort of oversight that broker-dealers get from the Financial Industry Regulatory Authority (FINRA).
Good riddance oh-eight, but still a lot on funds’ plate
There’s no doubt that 2008 was a tough year for super funds – the toughest since compulsory super was introduced.
But few in the super industry think 2009 will be any less challenging.
Since the start of this year, most of the key economic indicators coming out of the US, Europe and Asia have been worse than expected. Locally, the data looks just as bleak, with increasing talk of a nationwide recession.
Good riddance oh-eight, but still a lot on funds’ plate
There’s no doubt that 2008 was a tough year for super funds – the toughest since compulsory super was introduced.
But few in the super industry think 2009 will be any less challenging.
Since the start of this year, most of the key economic indicators coming out of the US, Europe and Asia have been worse than expected. Locally, the data looks just as bleak, with increasing talk of a nationwide recession.
Turning tables on insurers for a premium return
Insurance – it’s everywhere. We all use it. Someone makes money from it, and it might as well be institutional investors and their clients, writes KATE WILKIE, a product specialist in Credit Suisse Asset Management’s alternatives solutions business..
Risk transfer is an age old process. The popular book titled “The Richest Man in Babylon”, set in ancient times, described a form of life insurance via the use of rudimentary pooling techniques.
Turning tables on insurers for a premium return
Insurance – it’s everywhere. We all use it. Someone makes money from it, and it might as well be institutional investors and their clients, writes KATE WILKIE, a product specialist in Credit Suisse Asset Management’s alternatives solutions business..
Risk transfer is an age old process. The popular book titled “The Richest Man in Babylon”, set in ancient times, described a form of life insurance via the use of rudimentary pooling techniques.
