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The Daily Brief

Today's news of note...

Here now, the news:

  • Betting on a bad year, the Australia Future Fund has moved a significant portion of itsassets to cash.
  • At the end of 2011, Chile had$18 billionstashed in its two SWFs.
  • Dutch pension giant APG haslauncheda new industry-wide DC pension platform with ABN AMRO.
  • OMERS企业帮助unch a venture incubator called "Extreme Startups". (Mmmm. I think I need a MountainDew.)
  • CalSTRS has been told tolower its expected return(i.e., discount rate) from 7.75 to 7.5.

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