"American Airlines is telling their workers and retirees not to worry, but they should," the Pension Benefit Guaranty Corp. said in a recent statement on how the bankruptcy of American Airlines will impact its pension.
The shortfall in deficit-stricken UK pension schemes hits record levels, and worse could be still to come as the European economic situation stagnates.
From aiCIO Magazine's Winter 2011 Issue: Is the focus—and sometimes obsession—on assets under management when judging and predicting performance often erroneous thinking, reflective of a lack of logic? Many consultants think so.
Private equity investors foresee major challenges for the industry over the next few years and are cautious about investing too heavily in the asset class, according to Coller Capital's latest Global Private Equity Barometer.
As Russell Investments continues to see strong interest from its US institutional client base in liability-driven investing (LDI), Martin Jaugietis has been named to the newly created role of director and head of LDI solutions.
President of China Investment Corp. Gao Xiqing has said that as global markets are more integrated, it becomes more difficult to shed sovereign debt investments, Bloomberg reported.
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Does the structure of the business benefit transition management providers at the expense of users?
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Wall Street is under fire for bad risk management. So why is Morgan Stanley’s defined benefit pension, of all things, so good at it?
In the latest example of institutional investors turning to large private equity firms for their expertise in more complex investments, Kohlberg Kravis Roberts (KKR) and Apollo Global Management are set to manage $6 billion for the Teacher Retirement System of Texas' (TRS).
