In this issue:

Comings and goings: Lawrence Kochard, Pamela Peedin, Mansco Perry

Corporations are doing great. Too bad they are not hiring.

Eric Doppstadt: A chat with the new CIO of Ford Foundation

Ken Lambert and Nevada PERS: Plain Vanilla is Good Enough:

How to Fail Conventionally as a Fund Manager

Hedge funds and the “real economy”,

CFO salaries, we’re not like Greece

CIOs, CFOs, Seth Klarman and a Hostess Twinkie

CFOs see love and money

Seth Klarman speaks

Endowment results: pep talks in the locker room

In this issue

CIO salary conundrum

Jeff Scott – innovation at Alaska’s $33bn crown jewel

Fight night – Buffett versus Gross

In this issue

In this issue

CIOs vote with their feet

Casey Family Programs seeks a director of investments

Pension underfunding: more pressure to perform?

Comings and goings

Michael Travaglini and MassPRIM: Pay, Performance and Politics in Boston

In our last letter, we noted the muddle in Missouri over incentive pay for public pension managers. Missouri, like many states, is in fiscal lockdown. In this climate, the politicians are reluctant to pay fund managers a bonus, however much they’ve earned it by saving the taxpayers hundreds of millions they would otherwise have had to ante up for pensions. Still, the managers affected are – so far – still at their stations in Jefferson City.