Japanese Minister: Don't Rely on Pensions in Wake of Disaster
Japan's Economy Minister Kaoru Yosano said that the country should not resort to pensions to fund disaster relief efforts.
News Archive: Mar - 2011
Is Bloomberg Right?
From aiCIO Magazine: An examination of New York City’s pension system – and how Mayor Michael Bloomberg’s recent criticism of various aspects of the plan may be warranted.
To Boutique, or Not to Boutique?
From aiCIO Magazine: With endowment investment outsourcing, that is the question.
The Power Broker
From aiCIO Magazine: Yeah, it was published 37 years ago, but we thought we'd take this chance to review Robert Caro's classic tome on the acquisition, maintenance, and corrupting ability of power anyway.
LDI 2.0
From aiCIO Magazine: Is there a better way to implement liability-driven investing?
With the Middle East in Turmoil, Are Emerging Markets the Next Bubble?
From aiCIO Magazine: Despite—or, maybe, because of— continued
praise and euphoria for emerging markets, some investors think the
sector may be at risk of a bubble, concerned whether these relatively
small markets can handle all the money flowing into them.
Investment Risk and Its Many Facets
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.
Transition Management's Allocation Trends
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
Open Up. It's the FBI.
From aiCIO Magazine: Between stepped-up enforcement and the host of new regulations promised by the new financial reform law, is it time for large asset owners to start rethinking the way they invest in alternatives?
Bain: Private Equity Set to Rebound, With Caveats
Management consulting firm Bain & Company, surveying the private equity landscape, sees a lot of dry powder – and warns that the urge to put it to use may cause firms to overextend.
Reports Highlight Public Pension Problem: High Assumed Rates
Two reports prepared for the Florida pension system – commonly thought to be relatively well funded – detail the effects of a 7.75% assumed rate of return.
Ain't Nothing Like the Real Thing, Baby
Angelo Calvello explores a better way to think about investing.
Beyond Borders
From aiCIO Magazine: Our inaugural Survey of Asset & Geographical Allocations (SAGA) reveals that investors are good, but far from perfect, at avoiding home-country biases in their portfolios.
Step Into Liquid
From aiCIO Magazine: The solution to the FX issue historically has
been the standard three-month forward contract. Some funds execute this
strategy internally; others outsource it.
'Fair' Fees?
From aiCIO Magazine: A report out of London, released in February by London-based consultant Lane Clark & Peacock (LCP), is claiming that active fund managers are receiving more credit than deserved as markets rebound.