Most fund managers are casting a weary eye toward increased regulation from the new president-elect. Many are predicting this will have a negative impact on the profitability of their respective funds. This is not to say, of course, this is a prosperous time for emerging managers, hedge funds or fund-of-funds without this increased regulation...more...

Private equity executives are calling for the end of "fair-value" accounting claiming it promotes market instability rather than the intended transparency. Executives with NY-based Castle Harlan, for example, disclosed traditional accounting practices allowed institutions to apply reserves only if there was a diminution of credit quality while fair-value accounting amplifies short-term swings...more...

According to a survey of 171 plan sponsors in 12 countries recently released by Hewitt Associates human resources consulting, most companies need to more effectively manage their pension plans given the state of the weak economy. Namely, US employers most need to better manage pension risk with investment solutions, integrated funding and investment strategies and liability management techniques. Meanwhile, 73% of respondents identified financial risk as the most important...more...

The California Public Employees’ Retirement System’s (CalPERS) Board of Administration has appointed Anne Stausboll CEO. Currently the Interim CIO for the pension fund, a role taken on 4 years ago, Stausboll will assume her new role January 12, 2009 to oversee operations, the budget of more than $332 million, and programs in investments, health and retirement benefits, among others...more...

Delaware Investments has appointed Kristen E. Bartholdson additional co-manager of its Global Dividend and Income Fund effective immediately. Kristen was promoted to the new role from her position as Associate Portfolio Manager with the firm's Large-Cap Value Focus team, where she has served since 2006. Prior to joining Delaware Investments, Bartholdson served the Susquehanna International Group from 2004 to 2006 as an equity research salesperson...more...

Delaware Investments has appointed Kristen E. Bartholdson additional co-manager of its Global Dividend and Income Fund effective immediately. Kristen was promoted to the new role from her position as Associate Portfolio Manager with the firm's Large-Cap Value Focus team, where she has served since 2006. Prior to joining Delaware Investments, Bartholdson served the Susquehanna International Group from 2004 to 2006 as an equity research salesperson...more...