Mixed Reform for Corporate DB Plans
Congress has passed a reform package for corporate pension plans, simultaneously easing funding requirements and raising premiums owed to the Pension Benefit Guaranty Corporation.
News Archive: Jun - 2012
Is Infrastructure a Poor Inflation Hedge?
Institutional investors that have looked to infrastructure as a hedge against inflation may be in for a surprise, two academics suggest.
Private Equity Funds Minimize Transaction Fees
Most recent buyouts funds will rebate the entirety of any transaction fees they earn from portfolio companies back to the fund’s limited partners, research by Preqin has found.
Record Investment Earnings – and Government Contributions – for US Public Pensions
The largest investors in the US have made some impressive investment returns, while the government is increasing its support to the system.
Spanish Bank Appoints Pensions Specialist Ahead of UK IPO
One of the largest Eurozone banks has brought a pension specialist on board as it waits out the region’s crisis before taking its UK arm public, aiCIO has learnt.
Hedge Fund Manager Skill Is Misperceived
A recently published paper examines the reasons behind hedge fund alpha creation, questioning the degree of pure skill involved.
SEI Poll: Investment Outsourcing Among Corporate Pensions to Double
The use of a fiduciary manager by corporate pension plan sponsors may double over the next five years, according to a poll by SEI.
Illinois Pension Signals Lower Return Target
The executive director of the $37 billion Teachers’ Retirement System of the State of Illinois has hinted that the plan may lower its assumed rate of return.
CIO Summit London Round Up
They came, they saw, we talked portfolio construction, risk and investment.
Where Should Investors Find Income in Fixed-Income?
As many investors today are moving to protect against downside risk and meet fiduciary obligations by derisking, they continue to seek income and return, according to a recently published study by Wellington Management.
Australia Property and Infrastructure Lure Canadian Pensions
Canadian pension funds will increasingly look to Australia for long-term infrastructure and investment opportunities, according to an industry panel hosted by The Trust Company.
‘Frontier Markets’ Offer Fat Returns With Great Risk
A new white paper from Silk Invest contends that the time is now to invest in “frontier markets” but with potentially high reward comes daunting risk.
CalPERS Makes Real Estate Play
CalPERS has bought a third of real estate investment advisor Bentall Kennedy for $100 million.
'Over time, our approach should reduce the equity risks we face.'
Sidebar to the cover story: How pension funds are defining their asset allocation as exposures or factors—and not buckets. Kip McDaniel reports.
'We call it a strategic relationship.'
Sidebar to the cover story: The new relationship between pension plans and private equity managers. Kip McDaniel reports.