Here’s some news:

  • Kuwait finance minister resigned after serious grilling by (opposition) parliament over irregularities at the KIA.
  • NJ CIO admits that chronic under-resourcing of his pension fund has forced him to make $2.5 billion deal with Blackstone.
  • Finance guy goes undercover on pension board and finds out that asset managers will drop science on members to confuse rather than educate.
  • Here’s why pensions have to get better at negotiating fees.
And here''s some blatant self-promotion really interesting research for you to enjoy while poolside:

Have a great weekend!