The California Public Employees’ Retirement System – aka CalPERS – announced plans to liquidate its $4 billion hedge fund portfolio. It’s big news because CalPERS is considered a well-run pension plan. It’s huge...
The Ontario Securities Commission recently issued an order in the ongoing matter of Sextant Capital Management, a defunct hedge fund company. While the order pertained to a law firm wanting to remove itself from representing Sextant and its...
I was recently asked to comment on Labour Sponsored Investment Funds (LSIFs) by the Canadian Press. The words attributed to me in this article may give readers the wrong impression. The article says, in part: Hallett said these funds are most...
ETFs are a hot topic these days. As Mark and I highlighted in this post, active ETFs could be a game-changer for the investment fund industry. In this March 20 Financial Post article, I spoke about the good and bad of active ETFs and the threat...