Report: Pension Closures Are Accelerating
A new report by the United Kingdom's National Association of Pension Funds shows that more final-salary pension schemes have been shut to existing staff in the private sector during 2011.
News Archive: Dec - 2011
After Virulent Attack, Thomson Reuters Defends Popular PE, Venture Capital Database
After a recent research report expressed doubt on the accuracy of Thomson Reuters' popular database that has been used to judge private equity and venture capital performance, the firm is defending itself, saying that the report is based on false assumptions.
FX Experts: Survey Shows “Americans Are Not Leaders on This Issue”
Commenting on aiCIO’s inaugural FX Investment Risk Survey, Russell Investments' Ian Toner and ex-Russell currency guru Cynthia Steer point to deficiencies in American asset owners' FX practices.
NY State Pension Trustee Calls 401(k) Plans 'Woefully Inadequate,' Defends DB
Defined contribution plans should not replace defined benefit plans, asserts Thomas DiNapoli, the New York state comptroller and sole trustee of the $133.8 billion New York State Common Retirement Fund.
World's Largest Pension Remains Loyal to European Bonds
Going against the trend among Japanese institutional investors cutting exposure to euro-zone bonds, Japan's Government Pension Investment Fund is seeking exposure to the asset class.
PIMCO Rethinks Asset Allocation
Mohamed A. El-Erian of the Pacific Investment Management Co. (PIMCO) explains his thoughts on rethinking asset allocation in a changing world.
Is Ray Dalio the Steve Jobs of Investing?
From aiCIO Magazine's Winter 2011 Issue: Bridgewater Associates’ founder is institutional investing’s True Innovator. Kip McDaniel reports.
Book Review: Apple's Dilemma
From aiCIO Magazine's Winter 2011 Issue: What can Clay Christensen’s The Innovator’s Dilemma tell us about Walter Isaacson’s Steve Jobs?
Year in Preview
From aiCIO Magazine's Winter 2011 Issue: A look ahead to 2012 on the topics of risk parity, real estate, low-volatility investing, LDI, and commodity investing.
Kim Walker Thinks It's Time to Get Real
From aiCIO Magazine's Winter 2011 Issue: Washington University’s $5 billion endowment chief investment officer Walker spoke with aiCIO about 2008, investment risk, and real assets.
Sam Kunz Thinks Overconfidence Plagues the Industry
From aiCIO Magazine's Winter 2011 Issue: Kunz, head of the Chicago Policeman's Annuity and Benefit Plan, spoke with aiCIO about international pension differences, mushroom hunting, and overconfidence.
Decoding the Maze of Transition Management Due Diligence
From aiCIO Magazine's Winter 2011 Issue: Rick Di Mascio on the future of transparency in transition management.
Consultant Corner: In Asset Management, Does Size Matter?
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.
Is Transparency Killing San Diego?
From aiCIO Magazine's Winter 2011 Issue: Is it the San Diego Country Employees Retirement Association's attempts at good governance, and not poor investment decisions, that are causing its problems?
Not Livingston's Africa
From aiCIO Magazine's Winter 2011 Issue: When foreign investors are looking to a new asset class, they do like to see that local investors are already there. However, for African private equity, this is not necessarily the case.