Latest from IPE Magazine – Page 759
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Features
Teachers' pet
The dual investment management strategy, a low-cost philosophy, devotion to customers’ needs: these are the three pillars of TIAA-CREF (Teachers Insurance and Annuity Association-College Retirement Equities Fund), the premier pension system for people in education and research. As of June 2000 (according to the semiannual report), TIAA-CREF had $298.9bn (e320bn) ...
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Features
OPERF's balancing act
Oregon Public Employees Retirement Fund (OPERF) is one of the most aggressive and successful US public pension funds. Its performance speaks for itself: 20.6% annual return for the 12 months ending September 30, 2000; 16% annual return for the five years ending the same date. But its success is also ...
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Features
Success built on security
As European fund managers look to the US for investment opportunities, they would be wise to consider the continued success of the US futures markets. Certainly the liquidity, depth and transparency of the markets have all contributed to their strength and longevity. But an equally important factor is the integrity ...
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Features
US high yield bonds: an overview
After a volatile and often difficult year for world financial markets in 2000, investors have lately sought safe havens for their assets in traditional sectors, such as government bonds, value stocks, and real estate. Economies around the world have been showing signs of slowdown, and even after recent cuts in ...
