Research by EDHEC-Risk Institute has found that 45% of pensions had poorly defined liability hedging portfolios while a quarter of schemes have not fully identified their liabilities.
The Government of Singapore Investment Corporation, manager of more than $100 billion of reserves, has released its annual report for the third year, revealing positive news: a recoup of most of the losses made in 2008 as stock markets rebounded.
The US’ second-largest university endowment reported today that its fund rose to $16.3 billion in the year to June, yet remains well below its 2007 peak valuation of $22.9 billion.
A new survey by Aviva, the UK’s second-biggest insurer, has found that the pensions gap in Europe is equivalent to 19% of the European Union’s 2010 GDP, providing evidence that unless individuals increase their saving for retirement the majority will face a seriously reduced standard of living.
The consultancy group Mercer has revealed that accounting measures of the liabilities of defined benefit (DB) schemes in most developed economies have seen marked increases in liabilities due to declining corporate bond yields.
China's $300 billion sovereign wealth fund has stated it "has doubts" in investing in old line automakers and must instead invest in relatively conservative and stable industries "that will survive 50 years from now."
Consultants told the State Investment Council that New Jersey’s pension fund should direct as much as 43% of its assets into alternatives, compared with the 19.3% allowed now.
A significant decrease in corporate bond interest rates has driven a $108 billion decrease in the funded status of the 100 large defined benefit plans tracked by Milliman.
In
the first six months of this year, the number of mergers and
acquisitions worldwide has jumped 22% from the same period in 2009,
spurred by major regulatory initiatives, a recent study by Freeman &
Co. reveals.
New research from Goldman Sachs shows pension funds and other institutional investors based in developed markets could raise their emerging markets equity weighting in the next two decades.
