The $14 billion fund has set ambitious targets to raise allocation to global securities and alternative investments in a drive to squeeze higher returns from its portfolio.
Growth and net inflows to emerging-market stocks lead this US-based asset manager to strategically overweight the asset class.
Ronald Dewhurst will focus on expanding the firmÆs business outside the US, which makes up around 34% of its nearly $1 trillion in assets under management.
Cadence Capital allows international investors into its Australian long/short strategy via the Caymans.
The private sector arm of the World Bank announces a shift in investment focus.
The national social security organization plans to invest overseas in 2006.