Deutsche Bank Reviewing Asset Management Structure
The German-based bank is conducting a “strategic review” of
its global asset management division; selloff of businesses possible.
News Archive: Nov - 2011
Study: Liability Risk Prominent in US and UK
A study by Metlife shows that plan sponsors in both the United Kingdom and the United States are “keenly aware of the challenges their DB pension plans still face.”
Damning Picture of PBGC Emerges
The Pension Benefit Guaranty Corporation used improper outside vendors to calculate benefits, according to an audit.
As SuperCommittee Fails, Counterintuitive Result Likely
American sovereign debt is likely to appreciate in value if the Congressional SuperCommittee cannot reach an agreement on fiscal matters.
KPMG: Fiduciary Management Gains Steam
However, total pension assets outsourced in the United Kingdom are still a relatively paltry 4%, the study shows.
CIO Summit Australia: Risk-Balanced Investing Still in Infancy
aiCIO held an intensive half-day summit to explore how Australian asset owners can better protect themselves in the current market environment and beyond through risk-balanced approaches to investing.
Report Defines the 'Art of Risk Management'
Risk management is the art of using lessons from the past in order to mitigate misfortune and exploit future opportunities, according to a report.
Union Pensions Sue Bulge-Bracket Banks Over MF Global
Goldman Sachs, Citigroup are among those named in a lawsuit alleging misstatements regarding the European debt exposure of failed investment house MF Global.
Eurozone Turbulence Prompts Uptick in US, Emerging Market Equities
A new Bank of America Merrill Lynch study has demonstrated that -- driven by Eurozone turbulence -- money managers are fleeing to US and emerging market equities.
Integrated Markets Thwart Liquidity of China's Sovereign Wealth Fund
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.
CalPERS Narrows in on Compliance, Risk
Carol Moody was named senior portfolio manager for investment compliance and operational risk at the $229.4 billion California Public Employees' Retirement System (CalPERS).
Pension De-Risking Is 'An Impossible Dream,' JP Morgan Claims, Yet Sources Highlight Inconsistencies
JP Morgan Asset Management has released a new report asserting that plan sponsors that seek to de-risk pension plans entirely are “dreaming an impossible dream," yet industry sources highlight various inconsistencies with the firm's claims.
The Consultant Corner: What Best-in-Class LDI Consultants Look Like
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Hit by the unanticipated volatility of plans’ funded status and a swath of regulatory and accounting rule changes, plan sponsors, investment managers, and consultants have been forced to pay greater attention to plan assets in terms of liabilities.
LDI’s Collateral Damage
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Does LDI mean trouble for equity long-only managers?
Should Public Plans Implement LDI?
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Wishful thinking for public pension plans – and LDI providers.