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    1. June 10, 2015

      GE Capital / CPPIB: stuck on you

      Has the love between pension funds and private equity worn thin? Typically pension funds allocate a chunk of employee...

    2. June 7, 2015

      Hedge funds remain a popular choice for institutional investors

      The popularity of hedge funds among large institutional investors shows no sign of abating despite widespread...

    Special Reports

    1. The FT’s Year in Finance

      These specially selected articles, originally published in the FT this year, show a ch...
    Search more Special Reports on this topic.

    1. May 31, 2015

      Is fossil fuel engagement all talk and no action?

      “Where’s your evidence?” The divestment campaigners who say asset owners should sell out of all fossil fuel companies pose...

    2. May 26, 2015

      Calpers and Calstrs urge G7 to back emissions goal

      The chief executives of US public pension giants, Calpers and Calstrs, have taken the unusual step of urging G7 finance...

    3. FT Alphaville

      May 19, 2015

      Is Calpers missing the forest for the trees?

      The California Public Employees’ Retirement System, which manages more than $300bn on behalf of current and future retirees,...

    4. May 18, 2015

      Why multi-boutiques are so on-trend

      It is the fastest-growing asset manager you’ve probably never heard of. Affiliated Managers Group, with some $638bn of...

    5. May 7, 2015

      Squeeze on water hits global food and drink groups

      Drought and other water supply problems are taking a financial toll on some of the world’s biggest food and drinks...

    6. May 3, 2015

      Fossil fuel divestment gathers momentum

      More than 10,000 people have signed a petition calling on ABP, the $360bn Dutch pension fund, to drop its holdings of oil,...

    7. April 28, 2015

      BlackRock at odds with its investors over shareholder rights

      BlackRock, the world’s largest asset manager, is pressing companies in its portfolio to give their shareholders a right to...

    8. April 20, 2015

      Investors fight for greater say on boards

      A campaign to win shareholders a greater say over who sits on corporate boards has exposed a rift between some of the...

    9. March 29, 2015

      Institutional money keeps rolling in to hedge funds

      Large investors remain as keen as ever to pump money into hedge funds, despite widespread speculation that the tide is...

    10. March 22, 2015

      Selling out of fossil fuels no solution for climate change

      Institutional investors are under increasing pressure to divest their holdings in fossil fuel-related companies. A network...

    11. March 5, 2015

      Private equity: of secondary concern

      When life gives Wall Street lemons, Wall Street repackages them and announces the discovery of a new asset class. The growth...

    12. February 23, 2015

      Getting to the bottom of hedge fund fees

      Last year was another dismal one for hedge funds, as returns failed once again to live up to expectations and heavyweight...

    13. February 20, 2015

      The wages of sin outweigh ethical returns

      Strictly speaking I shouldn’t be talking about ethical investment at this time of the year. The time for that is October,...

    14. February 15, 2015

      Future Fund backs Calpers’ ‘less is more’ stance on private equity

      The head of one of the world’s largest investors in private equity believes Calpers, the US’s biggest pension fund, was...

    15. FT Alphaville

      February 10, 2015

      Further reading

      Elsewhere on Tuesday, - There will be no consolation prizes for Greek leaders who fail conventionally. - And… if the euro...

    16. January 25, 2015

      Anne Stausboll, Calpers CEO: the $300bn woman

      It is hard to imagine Anne Stausboll throwing her weight around. The chief executive of Calpers, the California pension...

    17. January 19, 2015

      Calpers takes axe to costly private equity managers

      Calpers, the largest US pension fund, is slashing the number of private equity managers it uses and teaming up with other...

    18. January 19, 2015

      Going ape on private equity may be fruitless for top banana Calpers

      Calpers plans to dump two-thirds of the private equity managers currently receiving its largesse and drive down the fees of...

    19. January 12, 2015

      Big investors say will stick with hard-pressed hedge fund sector

      Institutional investors plan to put more money into hedge funds this year in spite of lacklustre investment performance and...

    20. FT Alphaville

      January 12, 2015

      Dear hedge funds, it's not you, it's the fees

      An open letter to active fund managers from the Canadian wealth manager PWL catches the eye. Not for the newness of its...

    21. January 4, 2015

      Hedge fund survey: Finding five exceptional hedge funds

      “But I still haven’t found what I’m looking for” Pop group U2’s refrain may be an apt description of how those running...

    22. November 17, 2014

      Pension funds to flock to riskier investments

      Pension fund managers around the world are preparing to invest in riskier assets such as hedge funds and private equity...

    23. October 26, 2014

      US institutions’ devotion to hedge funds wanes

      Fewer than one in five US institutional investors believe hedge fund managers and private equity firms are worth the fees...

    24. October 3, 2014

      Eureka! I discovered how funds are named

      Last month Calpers, the California Public Employees’ Retirement Scheme, one of the world’s largest pension funds, announced...

    25. October 2, 2014

      Pimco: ‘Bonds are meant to be boring’

      The portfolio managers and traders at Pimco had a name for the public dressings down and furious emails that many of them...

    26. September 28, 2014

      Hedge funds move from the margins into the mainstream

      As hedge funds have evolved from tiny pools of private capital to hulking investment houses, so too have their clients. Some...

    27. September 26, 2014

      Wall Street meets its match in people power

      The protesters of Occupy Wall Street didn’t do it. The prosecutors and the regulators who have been poking around in the...

    28. September 26, 2014

      Quick View: FX industry gets organised

      It’s the world’s biggest, most liquid and most accessible market and is closely watched by governments and central banks...

    29. September 22, 2014

      Rockefellers join anti-fossil fuel drive

      A grass-roots movement against fossil fuels has secured its highest profile convert, as the family foundation built on the...

    30. September 22, 2014

      Calpers’ exit has sent hedge fund managers a public health warning

      At a recent dinner party a hedge fund manager told one of his favourite stories. “I was watching a stand-up comedy show,”...

    31. September 21, 2014

      Investors lose that lovin’ feeling for hedge funds

      What is the definition of a hedge fund? A fee structure in search of a client to rip off, or so I was reminded by an equity...

    32. September 21, 2014

      Movers & shakers: September 22

      • Vontobel, the SFr172bn Swiss asset manager, has hired Valentina Chen as a portfolio manager within its emerging markets...

    33. September 21, 2014

      The bottom line is a sustainability one

      The debate about whether socially responsible investment is financially rewarding has been raging for years. Individual...

    34. September 21, 2014

      The week: September 22

      Calpers breaks up with hedge funds Calpers, the largest US public pension fund, is to withdraw from hedge funds entirely....

    35. September 19, 2014

      Hedge funds: California calls time

      Few of the local workers who pay into the London borough of Camden pension scheme each month would have heard of Alan...

    36. September 19, 2014

      Pension schemes stick with hedge funds

      Millions of pension savers in the UK will continue to have their savings invested in hedge funds, an asset class branded...

    37. September 19, 2014

      Letter from Lex: ending a relationship

      It has been a week for thinking about break-ups, and not just in Scotland. Over on the west coast of the US there has also...

    38. September 17, 2014

      UK’s £1tn corporate pensions sector stands by hedge funds

      The embattled hedge fund industry was given a boost by the UK’s £1tn corporate pension fund sector that indicated it would...

    Search for California Public Employees' Retirement System and

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