Pension Funds Engage in Cat Bond Spending Spree
Investors are eager to explore the extrinsic asset class as figures show its total value outstanding is close to $16 billion - their highest value on record.
News Archive: Apr - 2013
Trinity Mirror Cuts Employer Contributions by a Third
UK Regulator approves reduction to newspaper giant’s contributions as its pension deficit balloons to £300m.
Insurers: The Next Big Thing for Pension Investors?
Investors may have been missing out by lumping insurers in with banks as a risky bet, a fixed income specialist has claimed.
ABP Settles RMBS Suit with Goldman Sachs
ABP settles the last in a series of cases brought against investment banks over mortgage-backed securities sales.
Why People Don’t Buy Annuities: They’re Confusing.
Liquidity lust isn’t the major barrier to annuity purchase, researchers have found. It’s complexity.
Third Point’s Loeb, AQR’s Asness Named on DB Pension Enemy List
The list, published by a top teachers union, names 34 hedge funds managers involved with organizations it claims are attacking educators’ DB pension plans.
Risk Parity – the Sharpe Option
Risk parity divides opinion like no other investment option – but (past) performance cannot lie.
Can you Brie-Lieve it? UK Pension Offers Cheese as a Contingent Asset
Dairy Crest offers its DB scheme cheese inventories to shore up its funding.
PPF Expands Its GTAA Manager List after Threefold Growth
UK’s pension lifeboat scheme tenders for another six potential managers after total scheme assets hit £13.5 billion.
Trickett Joins Zurich Pension after Goldman Sojourn
Towers Watson and Goldman heavyweight returns to the pension fold.
IMF: Pension & Insurance Funds Are “Gambling for Resurrection”
Quantitative easing has led these institutional investors to risk up for survival—and the IMF is alarmed about how they’d weather a sharp correction in rates.
Harvard Study: Boards, Not Shareholders, Are Short-Term Thinkers
The long-held view that insulating corporate boards from shareholders protects against short-termism is nonsense, according to a study out of Harvard’s law school.
UK Schemes Target Self-Sufficiency Over Buyout
Appetite for buyout wanes as DB schemes seek to play out their flightplans.
Montana Public Pension Safe after Republican Push for DC
Higher contributions and potentially lower benefits, but DB lives on in Big Sky Country.
Why Isn’t Contagion Scary Anymore?
Despite Cyprus’s bail-in and a lack of Italian government, investors remain comfortable investing in the Eurozone again.