Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
News Archive: Jun - 2018
Risk
Higher Beneficiary Life Expectancy Pushes Denmark Fund Into Hedging Portfolio
ATP needs higher returns to meet future needs of population, with newborns adding 2-4 years to projected lifespans.
NYC Comptroller’s Diversity Push Shows Some Results
Stringer and city pension funds succeed in broadening boards at more than half of 151 targeted companies.
Opinion: How not to Get Sued for your DC Plan
Arun Muralidhar shares his thoughts on how corporate pension CIOs can dodge litigation.
Individual Investors Get More Bearish as Stocks Limp
AAII gauge shows largest weekly jump in pessimistic sentiment since January 2016.
Top Corporate Pensions Shrug Off May Funding Dip
Interest rates stirring mixed year-end, 2019 outlooks.
UK Pension Deficits Widen in May
The aggregate funding level of the PPF’s 7800 Index dropped to 94.5% from 95.1%.
FTSE350 Pension Deficits Fall 32% in May
Liabilities decline, assets rise to help shrink gap by £16 billion.
US-China Tiff Based on Outmoded Notions of Trade, BlackRock Says
Ignoring today’s more integrated world economy means fighting “yesterday’s war,” asset manager finds.
Corporate Moves
Ontario Teachers’ Gets a New CIO
New investment head Ziad Hindo aims to boost international investing, along with a newly named global development director.
Newsmakers
Lockheed Martin’s Pension Head Steps Down
Christopher Li abruptly retires after a 12-year run without a successor named.
Malaysian Asset Manager Launches Private Equity Unit
New business unit has been two years in the making.
Texas ERS, PAAMCO to Seed Emerging Hedge Funds
The joint venture, called PAAMCO Launchpad, aims to pump in $3 billion.
Trade War Could Trim Economic Growth, Study Says
It also risks pushing the US and the world into a recession, BofA Merrill warns.
CalPERS Boosts Pay for Next CIO, CFO
Retirement system hasn’t been attracting enough top talent with current pay package.