Mercer has created and appointed a global chief investment officer focused on mainstream assets for its investment management business, signaling that the growing trend toward discretionary consulting is not slowing down.
A new report that warns of a “carbon bubble” argues that the world’s financial markets have vastly inflated the value of fossil fuel reserves because future regulation will ensure that most of it will remain in the ground.
From aiCIO Magazine's Summer Issue: CEOs are demanding that their pension funds be de-risked to avoid large contribution surprises, yet de-risking means lowering equity exposure when underfunded pensions need equity-like returns.
The A$5.8 billion MTAA Super fund is being investigated by the Australian Prudential Regulation Authority (APRA) over its response to the global financial crisis.
Bruce Tomlison, Sunsuper's portfolio manager, has expressed his support of smaller hedge fund managers in favor of larger ones; consultants have an all-embracing approach, saying "it would be foolish to completely shun the large guys."
Standard & Poor's credit rating of the US government's heightened debt level reflects an awareness that has long been understood by institutional investors, consultancy NEPC believes.
From aiCIO Magazine: Risk management as transportation metaphor:
walk (minimal risk), take a car (moderate risk), or fly a plane
(riskier)? And remember: wear a seatbelt.
From aiCIO Magazine: For years, there's been a shift toward
alternative assets, but much of the recent action in transition
management is toward decreasing plans' reliance on U.S. equities—in
particular, de-risking pension plans through liability-driven investing (LDI) strategies
