AT&T Aims to Fund Pension with $9.5 Billion in Shares
The telecom giant is seeking Department of Labor approval to fill its funding gap with AT&T stock worth nearly $10 billion.
News Archive: Oct - 2012
Oxford Endowment Chief Attacks Private Equity
Private equity fees are too high and returns too low, the head of Oxford University's endowment has said.
Did Pension Equity Divestment Go Too Far?
CIO Profile: The President of the Institute and Faculty of Actuaries tells aiCIO now might be the time to get back into equities.
Editor-in-Chief's Letter: I Know Where to Look for It
From aiCIO's October Issue: Editor-in-Chief Kip McDaniel analyzes power through the lens of former US President Lyndon Baines Johnson.
UK Corporate Pensions Want More Funding, Not More LDI
Liabilities are rising for defined benefit schemes, and most companies offering them blame Quantitative Easing, according to a survey by law firm Squire Sanders.
SEC Slams Hedge Fund for Allegedly Lying About Returns
The Securities and Exchange Commission has charged New Jersey-based hedge fund firm Yorkville Advisors with fraud, alleging they overvalued assets under management and exaggerated returns.
Pensions Unite on UK Infrastructure Push
Pension funds in the UK are uniting for a coordinated push towards infrastructure investing.
Prudential Snags Its Second Big One: Verizon
Following General Motors’ record-setting pension-risk transfer, Verizon has executed a $7.5 billion deal with Prudential.
Pension Funding and Growth: A ‘Weak’ Link, at Best
Pension funding has long been touted as a driver of domestic economic growth, but two pension scholars ran the numbers, and they didn't hold up.
Hedge Fund Clones: Are They As Good As the Real Thing?
Hedge fund clones enjoy lower fees and higher liquidity, along with a host of limitations, a paper explains.
Japanese Regulator Suspends Bank Over Pension Failings
Japan’s financial regulator has toughened its stance on banks’ pension activities, demanding better practice for investors.
Solvency II Lifeline Thrown to European Pensions
European pension funds have a chance to explain their fears over Solvency II as the European Commission calls for evidence.
Is Risk Parity the End for Asset Classes?
Optimizing a risk-balanced portfolio means abandoning asset classes completely, according to JP Morgan’s latest take on the strategy.
CalPERS OKs Billions Into Multi-Asset Strategic Partnerships
The largest public pension in the US is pursuing an investment policy for a new multiclass strategic partnership program that will invest up to a total of $8 billion with four investment managers.
Dartmouth Leads Ivys, Leaving Harvard in Its Dust
The $3.49 billion fund has outpaced the mega-endowments, returning 5.8% in 2012.