What Does an Ideal Pension System Look Like?
There are some defining qualities that unite the best pension systems, according to Mercer.
News Archive: Oct - 2013
Infrastructure Investors Told To Widen Their Scope
Asset manager UBS has told investors not to cherry-pick how they invest in infrastructure debt.
ConvergEx, SEC Nearing Settlement Over Transition Management Scandal
The broker is in advanced talks with regulators as they prepare charges over its alleged fleecing of transition management clients, according to the FT.
UK Pension Funds Launch Governance Index
Governance structures are occupying more of pension investors’ thoughts than ever before.
Future-Proofing Pension Risk Transfers: Worth the Cost?
Law firm Herbert Smith Freehills has advised investors seeking to buy-in or buyout to ask for more risks to be covered than just inflation, interest rate, and longevity.
Oklahoma Teachers Fires Exec. Director Over Severance Packages
The pension’s former head James Wilbanks had cut administrative staff in an effort to reduce overheads.
Cat Bonds Hit Record Issuance in 2013
Investors are still hungry for catastrophe risk - there is now $19 billion in outstanding risk capital.
Endowments, Foundations Struggle to Self-Govern
Investment outsourcing could remedy some difficulties, an SEI survey has suggested.
Is the Pressure to Buyout Putting Members' Benefits at Risk?
UK actuaries are coming under pressure to sign off on pension increase exchanges from plan sponsors.
Pensions and Asset Managers Blasted for Nuclear Weapon Investments
ABP, Ontario Teachers, and PFZW named in a Dutch report’s “Hall of Shame”.
GSAM: Opportunities Rise as Market Efficiency Drops
A whitepaper argues that changes in brokers and central banks’ behaviors have reduced fixed-income market efficiency, creating opportunities for alpha returns from relative value strategies.
CPPIB’s Wiseman on Mistakes, Hockey, and the Birth of the Canadian Model
Mark Wiseman, CEO of the Canada Pension Plan Investment Board, discusses the C$189 billion fund and his past at Ontario Teachers’.
Fama, Hansen, Shiller Win Nobel Economics Prize for Asset Pricing
Trio whose research changed CIO’s roles the world-over are rewarded with economics’ greatest accolade.
Where Are the Sharpe Returns Now?
Post-Lehman Brothers, European high yield might have seemed a risky bet for some, but investors could now be happy about taking it.
South African CIO Scoops Investment Award
The government pension fund for South Africa’s CIO picked up two awards at the international Investment and Business Leader Awards.